Major Points of developments should come by the new
government
In India there
have been multiple party administrations from the past years. So there don’t have
a specific planning for the major developments in India due to the interference
of the political parties. If any decision by the government have not been
supported by the support parties. Now India got a single party government, so
this government can be done lot of thing for the development of the nation.
Major areas to be considered as follows:-
1.
Indian currency value will
increase
2.
Price inflation will be
reduced.
3.
Developments in
infrastructure, transportation, electricity supply , agriculture etc so availability of resources will be increased
1.
We have to check how the
Currency Value will be increased. There should have two things to be
considered. Firstly the strength of the Leader of government to make decision
and to implement the decision. If a PM has power to take decisions and
implement them, there should have so many opportunities to investment to India by
the foreign companies and foreign government in the fields of technology and
industry. In this situation foreign currency should be invested in India so our
Indian Rupee has more value because there should have more foreign currencies
our investment. Secondly there have lot
of international companies should be purchased Indian companies shares and they
are ready to support Indian companies in technology so our share market index
will be increased and rupee value should be increased simultaneously. It leads reduction of interest rate also.
2.
Let us check how our prices
will be reduced. When our Indian rupee value increase, we can purchase more foreign
currency and purchase of petroleum products. So our price of petrol should be
reduced in one side and in other side our cost of production will be reduced because
electricity charges and cost of power consumption also reduced due to reduction
in oil cost, cost of transportation will be reduced due to reduction of oil
price and utilization of foreign technology. When the production cost reduced our products
cost and price also will be reduced. And
we will have a high quantity of production also and again it will lead to
reduction of price. It’s very important
that the entire price hikes are purely depend up on the cost of Oil. When the
product prices increased and production decreased there would not have poverty.
So there should have earning to the poor peoples and they can increase their
standard of living.
3.
If the above two things
happen there should have big opportunity for the other developments like industrialization.
Manufactures will get Oil power, Man power; Investments in less cost so there should
have an industrial revolution so our resources can be utilized for the maximum.
It leads price decrease in constructions, transportation electricity and all.
