India is fighting to become a developed country!
On April 19, 2024, India's general election begins!
This will be the largest election in the world's history, which will take place over a six-week period from April 19 to June 1.
Modi has released his election manifesto with a vision of making India a "developed country".
He also pledged to make India a global manufacturing hub.
Modi has really contributed a lot to India.
In 1985, at the age of 36, Modi joined the Bharatiya Janata Party.
1
In 995, Modi was elected national secretary general of the BJP.
In 1998, Modi became the party's leader. This year Modi was 49 years old
。
Unlike some Indian officials, Modi comes from a grassroots background, and he knows what ordinary people in India want most
。
He also wants to do things for ordinary people in India.
Modi told a shattered India to believe in the Indian dream.
In May 2014, Modi won the election and became India's prime minister.
When Modi came to power, India's foundation was in shambles, with manufacturing accounting for only 15% of GDP that year.
Despite a bad deck, Modi wanted to win, and he began to live his Indian dream.
Anti-rot
Modi has zero tolerance for official corruption, and in order to prevent officials from embezzling and hiding stolen money, Modi uses new banknotes, and once the new banknotes are activated, the old banknotes are immediately out of circulation, which makes officials who have a large amount of old banknotes secretly turn a large amount of money into waste paper overnight.
Modi believes that only after the corruption problem is cleaned up can the functional departments play a normal role in supporting economic development in a fair and just manner.
It is the Indians who will have confidence in the country.
Economic architecture
Modi has implemented a series of economic reforms to boost India's economic growth.
One of the most important reforms was the introduction of the goods and services tax system.
This system replaces the state-imposed tax regime and creates a more stable and reliable business environment for India and attracts more foreign investment.
In recent years, India has taken over many chip factories and mobile phone factories in the West.
Modi supports the development of the semiconductor industry, and since 2017, India has increased investment in the semiconductor industry to attract outstanding foreign companies to set up factories in India.
At present, some companies such as AMD, NVIDIA, Tata Group, ADATA, Micron and others are planning to build factories in India.
In 2022, India's software outsourcing output value has reached nearly 200 billion US dollars, with rapid growth in 40 years.
It already accounts for more than 50% of the world's share, and is the world's largest outsourcing country.
India
Software practitioners reach:
More than 5 million, the world's first
One.
Bangalore of India became
India
A science and technology center, world-renowned
Multinational companies all have headquarters in Bangalore.
Modi has also carried out drastic reforms of state-owned enterprises.
In 2015, the Indian Parliament passed the Coal Bill, the Mines and Minerals Act.
Modi pushed for the market-oriented reform of state-owned enterprises, involving the shares of 23 state-owned enterprises, including aviation and cement
It means that Indian state-owned enterprises have begun to enter the market.
diplomacy
Modi's diplomatic skills are rare among world leaders.
He has worked hard to elevate India's standing on the international stage, promoted economic cooperation between India and countries around the world, created a large number of jobs for India, and increased domestic productivity.
He focused on improving relations with neighboring countries,
These efforts have helped India gain a better reputation and greater political influence
。
Through his efforts in economic cooperation and geopolitics, he has helped India gain more recognition and importance across the globe.
Modi's diplomatic skills have brought many tangible benefits to the Indian people.
economy
Before Modi took office, India's economic growth slowed to 5% in 2013, the lowest level in nearly 10 years, and Morgan Stanley rated it as a vulnerable emerging economy.
Since coming to power in 2014, Modi has introduced a series of major economic reforms in India
These include creating a relaxed and preferential environment to attract foreign investment, encouraging the development of manufacturing to create jobs, expanding infrastructure to improve people's living conditions, and actively promoting a series of economic measures such as "Make in India" and "Circum-India Industrial Corridor".
In the same year that Modi took office, India's GDP growth reached 7.4%, and it has remained above 7% in the following years, making it the fastest growing economy among the world's major economies.
In 2022, it will surpass its former suzerain, second only to the United States, China, Japan, and Germany, and become the world's fifth largest economy;
India's GDP grew by 8.4% year-on-year in 2023, making it the fastest growing major economy in the world.
This brings India to the 13th consecutive quarter of positive economic growth, making it the world's fastest-growing major economy.
If nothing else, at the current economic growth rate, India will surpass Japan and Germany around 2030 to become the third largest economy after China and the United States.
It will be one of the few countries in the world with sustained rapid economic growth.
The Indian stock market has risen for eight consecutive years so far and is still updating new highs
The market capitalization of the stock market exceeded $4 trillion for the first time, and the market capitalization of the stock market also rose to the fourth place in the world.
In the past 30 years, the Indian stock market has risen nearly 100 times, and it has soared all the way.
India's Mumbai index has broken through 71,000 points.
This growth rate,
Both domestic and foreign investors believe in India
As the economy continues to grow, so can the stock market.
Modi turned this bad card into a good hand.
Modi was not from a noble caste, just a third-class Vaishya, a low-class commoner.
In order to get ahead, Modi decided to abstain from sex, alcohol, and meat for life when he was a teenager.
I just want to realize my Indian dream.
Going back to the beginning, Modi said in his speech:
"India's 75-year journey has been full of ups and downs
。 In the shadow of good times and bad times, our people have made all kinds of achievements;
You made an effort and didn't give up. They didn't let those resolutions fade.
It is true that centuries of colonial rule have deeply wounded India and Indian feelings, but the Indian people are tenacious and passionate.
It is also because of this that the Indians have managed to revive the nation despite scarcity and denigration.
Our nation has gone strong despite countless adversities.
India has the inherent potential of a strong culture and values, with a bond of thought that is deeply embedded in the mind and soul, and our India has proven to everyone that we have this precious power.
Friends, please take the oath and walk with me and let us all do our best to make India a developed country.
We should go all out to make it happen.
”
In short, whether India has achieved its dream of being a developed country or not, Modi has won.
"You can't put all your eggs in the same basket" is a well-known thing.
When a city does not have a good opportunity, it will move to another city, when a region does not have a good opportunity, it will move to another region, and when a country does not have a good opportunity, it may as well broaden its horizons and look for new opportunities in the world.
This is especially true for asset allocation. When there is no positive return feedback in a market, it is better to change the market, such as stocks, real estate, and financial management.