Change in Econmy due to change in Central Govt in May 2014

1. The India Stock Market (SENSEX) increased to 27915.88 Index points in November from
27865.83 Index points in October of 2014. Stock Market in India averaged 6452.52 Index
points from 1979 until 2014, reaching an all time high of 27915.88 Index points in
November of 2014 and a record low of 113.28 Index points in December of 1979.

2. Major Actual Weekly % Monthly % Yearly %
Australia S&P/ASX200 5,477.60 2.87 % 3.09 % 0.67 %
Brazil BOVESPA 52,330.03 -0.20 % -8.53 % -4.98 %
Canada S&P/TSX 14,624.25 0.53 % -2.68 % 9.37 %
China SSECOMPOSITE 2,290.43 -2.10 % -2.44 % 7.34 %
Euro Area EUROSTOXX50 3,036.15 1.49 % -5.70 % 0.47 %
France CAC40 4,112.67 0.77 % -6.42 % -3.27 %
Germany DAX 9,068.19 2.04 % -4.45 % 1.00 %
India SENSEX 26,752.90 0.67 % 0.48 % 30.06 %
Italy FTSEMIB 19,476.61 2.20 % -6.34 % 3.44 %
Japan NIKKEI225 15,329.91 3.55 % -5.55 % 6.49 %
Russia MICEX 1,394.27 0.79 % -2.78 % -7.76 %
United
FTSE100 6,402.17 0.47 % -3.72 % -4.81 %
Kingdom
United States DOWJONES 16,817.94 1.22 % -1.73 % 8.02 %

3. The Gross Domestic Product (GDP) in India expanded 5.70 percent in the second
quarter of 2014 over the same quarter of the previous year.

4. Consumer Price Index CPI in India remained unchanged at 145 Index Points in
September of 2014 from 145 Index Points in August of 2014.

5. Producer Prices in India decreased 2.38 percent in September of 2014 over the
same month in the previous year.

6. Foreign Direct Investment in India decreased to 2135 USD Million in August of 2014 from
3562 USD Million in July of 2014. But showed a real spike once elections were
announced and the new government took to office.

7. Indian Business Confidence Index.
In India, the Business Confidence Index (BCI) is based on a
sample size of around 300 companies covering all industry
sectors, including small, medium and large enterprises from
different regions. BCI is calculated as a weighted average of
the Current Situation Index (CSI) and the Expectation Index
(EI), with greater weight given to EI as compared to CSI.
These indices are based on three questions on the
performance of the economy, respondent’s industry and
respondent’s company. Respondents are asked to rate the
current and expected performance on a scale of 0 to 100. A
score above 50 indicates positive confidence while a score
above 75 would indicate strong positive confidence.

8. Business Confidence in India increased to 57.40 in the third quarter of 2014 from 53.70
in the second quarter of 2014.

9. Defence Sector :
1.Defence Cooperation Agreement with USA extended by 10 years.
2.FDI cap raised to 49 %
3.Installs pride and confidence in army men and border town civilians.
4.Pending defence deals cleared.
5.Higher budgetary allocations.
Energy Sector :
1.Efforts to improve the energy generation in right earnest.
2.Deal with Australia has been stuck for coal purchase.
3.Talks with Japan for Nuclear Energy.
4.Hydroelectric project agreement with Bhutan.
5.The government has given its green signal for setting up nine
transmission projects with an overall cost of Rs 125 billion in order to
build inter-state power transmission lines

10. Health Sector :
1.Allocations for nationwide health scheme.
2.Namami Gange
3.Cleanliness drive
4.Toilets in all villages.
5.Faster approvals for Vaccine projects.
6.Advise corporates to build toilets under CSR.
Make In India:
There's no denying that India, a country with demand, demographic dividends and democracy
lagging in 134th place in the Ease of doing business Index is a heartbreaking scenario. India lies
134th in the ease of doing business index. What a great market of opportunities with
extraordinary demands but govt. machinery just don't let anyone do their thing.
Make in India is a policy that combines incentives with easy handling of businesses and a faster
re-dressal machinery. Only Business, NO harassment.
Skill endowment and job creation in 25 key industries.
Urging global investors to make India an industrial hub.
Raising FDI caps, red tape constricted in decision making.
Will help in achieving the target of 100 smart cities and affordable housing schemes.

11. Disinvestment:
Disinvestment is selling a part of a Public Sector Unit to private players either due to
inefficiency, lack of govt. will to continue or obviously to generate revenue.
It is also to make govt. employees free for other tasks.
ONGC and Coal India Limited have recently been opened for disinvestment due to
inefficiency and underlying corruption and to raise more funds and also to attract
more private players.

12. Laws : The government has decided to repel more than 78 laws that have been in existence . Certain Acts
like Companies Act, BR Act etc are being reviewed to remove certain sections Agriculture: detrimental for growth.
New know-how has to be taught through government
machinery.
Vocational training has to be started along with new agricultural
univ. and colleges.
All the schools and college labs thrown open for agricultural
experiments during the summer vacations.
Radio broadcast tips related to agriculture.
Soil testing laboratories must be easy to access. Also easy
accessibility to agricultural experts must be ensured.
Govt. also plans to separate the procurement, storage and
distribution departments of the Food Corporation of India to
improve efficiency and procurement and distribution procedure.

13. Skill development & education
Opening new IITs, IIMs, AIIMS and other state
funded collages and research centers will prepare us
for tomorrow! The youth must not only have a
degree but must add value producing capabilities
into themselves and add wealth to the nation.
Education is the only way forward.

14. A few Points to remember :
A. Corruption
Illicit/Black Money: A SIT (Special Investigation Team) has been set up under the
leadership of retired SC Judge MB Shah to bring back the $500bn (estimated) black
money that has flown out of India since Independence.
Nepotism: The government has sent a mandate to all ministers regarding
appointment of their staff and has made it clear that they cannot pick family
members or relatives. The appointment would be made from a common pool of
candidates which will be decided by the Department of Personnel & Training’s
Appointments Committee of Cabinet, which is part of the PMO.
B. Governance
Speedier decision making: After consolidating a bunch of ministries to harness
synergies, PM has also clarified that crucial decisions on strategy and execution will
rest with the PMO.
E-Governance: The environment ministry under Mr. Prakash Javadekar has launched
a system for online submission of applications for environment clearance. This move
is to ensure transparency, accountability and faster decision making.
Abolishing GoMs and EGoMs: Mr. PM has abolished 30 active GoMs and EGoMs
GoMs and EGoMs are panels constituted by the government to oversee important
decisions when the Ministries themselves were unable to sort things out. This is a
redundant level in the decision-making hierarchy and has resulted in unwarranted
delays and backlogs

15. Running the government like a corporate machine: The Central Government,
under Mr. PM is trying to incorporate a 'corporate' culture in the government by
instating "Employee of the month" awards on the basis of performance.
Quality (ISO 9001) certification for the government: The Indian government under
PM is trying to form the World's first ISO 9001 certified government.
Strategy and Policy
"10 -point, 100-day" agenda: In an effort to speed up the decision making
process and get rid of 'policy-paralysis' for which the UPA regime was severely
criticized for, Prime Minister has asked his ministers to prepare a list of issues that
they will take up in the first 100 days in office, with a focus on efficiency, delivery
systems and implementation. The PM also has a list of top 10 priorities with regards
to governance.
A completely new ministry for entrepreneurship: For the first time in the history of
Independent India, a new Ministry of Entrepreneurship has been created which
will help to produce more entrepreneurs and business men in India. The ministry
will be headed by Mr. Sarabanad Sonowal.

16. Government Interaction for engaging the population.:
Use of social media to communicate.
Direct reaching the masses through Radio.
My Government Website to invoking thoughts
Local Social Groups for idea generation