An approach towards assessing the status of economy attained by two respective regimes of India

About Market

Market is variably volatile, no one can accurately as well conclusively predict its multi-pronged dimension & dynamics, Analysts, Economists & Statisticians only can speculate as well approximate about statistical status of market; such depicted in possibility, only after consequentially analyzing, as well synchronizing, all decisive factors that interactively control on the statistical economic index, which is channeled through fluctuating index of stock exchange. It is too true, that sensible as well visualizing approach encompassing with all coherently sustained status of market; which can help analyst to predict the market in tending accuracy.

It is now future prospect of prosperity or penury of Indian economy as well further fate & future of country depend in existing regime of rather nationalist tagged party(BJP); which is led by  three time Gujrat Chief minister ; Now held on premier post of Indian democracy as  Prime-minister of India (Mr. Narendra Modi). It is too assume that existing PM Mr. Modi will continue the legacy of former BJP PM Mr. A.B.Bajapai policies. It is still too early to decide the administrative & leading temperament of existing PM. It would be decided in next five years to access their course of action through detailed report card in 2018AD.

Market is all about the tangential & orthogonal flow of strategical statistical Data

Performances of PM Mann Mohan Singh regime in his two respective terms

Now, let us assess the overall report of development of congress government in its last two respective regimes; which was acting under the leadership of Mr. PM Manmohan Singh. It is supposedly assume that rear regime under Prime-ministerial of Mr. Singh in his first tenure was championgly able to perform economically viable manner & there sustainably sound approach & inclusively articulatory initiative through floods of welfare scheme was remarkably manifested in order to enabling strategically sound scale of development of Indian economy.

In his first tenure, his empowered councils of ministers have interactively acted collaborated manner, in order to chalk out the course of development under the dexterous leadership of economist Prime-minister. He, along with educationally expertise, as well intellectually sound, empowered groups of experienced ministers; they had deceivably implemented economically innovative measures to revive ailing state of economy, which had paralyzed due to directionless approach of earlier government of BJP.

It is under the able leadership of PM Mr. Singh, who had decisively implemented rather effective measures to exit out from quagmire state of economy; which was direly facing savior challenges on front of infrastructural, agricultural & industrial development; besides the problem of illiteracy, unemployment malnutrition; In earlier regime of BJP under PM Mr. Vajpayee- CAD, monetary inflation & budgetary deficit was soared in and even crisis of imbalance in economy deepens due to some erratic steps taken by Vajpayee regime.

  
Mr. singh was maiden Prime minister, who fortunately hold all premier financial designation; as successfully holding the Finance Minister tenure, RBI Governor; it is his sound background of economic expertise, which, he had championgly applied during the discharging of his tenure; he had phenomenally devised economic policies to attain inclusively sustainable status of economic development; in order to empower the lurch economic status of India.

When, he had sworn in as a premier office of India as PM; it was considerably larger chunk of Indian population were living below poverty line along in penury of destitution & deprivation; his rather efficient collaborated approach, which is so skillfully churned  through considerable implementation of welfare policies as--MANREGA, RTI, NRHM, RGRES, RGGLV etc.

So, It was considered that first regime under the economist Prime-ministerial leadership of turbinated PM is rather effectively lenient towards the solidarity of poor; undoubtedly, under his leadership economical index in GDP growth has unprecedentedly attained new height, the hike in economic growth sometimes in his regime touches the level about 9% , inflation & CAD is also brought historically in control, his historic steps, as a Finance minister during P.V. Narsingh Rao Prime-ministerial 1991-96 AD.

Mannmohan Singh -The Man, whose championship expertise in  economy has shaped future of India

 It is considered that these tri-pronged policies consisting of liberalization, industrialization & disinvestment through FDI has entirely changed the dynamics & dimension of India. It is known that expeditiously focused action on very theme of articulation, improvisation, and channelization has necessarily been being considered arbitrary steps in order to attaining inclusively sound degree of development. Fortunately, in 1991 under the Finance ministerial tenure Mr. Manmohan Singh devised championgly mastery like initiatives; in order to road our economy on global track to enable Indian economy to compete along universalized status of global market. 
 

India's fiscal deficit in 1991, it was around 8.5% of the gross domestic product, the balance of payments deficit was huge and the CAD was too close to 3.5 percent of India's GDP. It was total foreign currency reserve was miserably amounted to US$1 billion; It is now championgly turn to mammoth reserve about 283 US $ in billion.

It was Congress second regime headed by PM  Mannmohan Singh (2009-14); which is too known as regime of scam as- Commonwealth Scam, 2G Spectrum Scam, and Coal Allocation Scam; this episode of continuity in scam & corrupt practices of financial mismanagement as well likewise allegation of administrative & financial lapses & lacunae in conclusive & decisive approach in decision making in second regime of  former Prime-minister; Which was finally led to be  resulted as a historic loss of Congress Party in 16^th Parliamentary General Election -2014.

Hopes & expectation from existing government lay in womb of time   

Now this nationalist legacy of this party is headed in existing regime by Prime-minister Mr. Narendra Modi; he is headed the faction of NDA; in order to lead this country towards new dimension of inclusive as well sustainable development of Indian  economy. The time reside in womb’s destiny regarding to futuristic viability of existing regime to perform on track of development; Mr. Narendra Modi has already willingly expressed that his next five years tenure from now, will decide  the fate of his multi-pronged initiatives adopted to architect future road of inclusively sustainable scale of development. So, It would be rather more interesting to see that how existing government would able to tackle the socioeconomic nature of problem; in order to attain salubrious status of inclusively sound & sustainable order of development in India.

Hoping for better & prosperous regime for existing government in India