Narendra Modi one year in govt: 3 triumphs, 3 failures

1/7

BJP leaders attend caste meetings in Bihar:</br><br> A day after Prime Minister Narendra Modi advised people of Bihar to rise above caste politics, his party leaders were seen busy attending caste meetings in their preparation for upcoming Assembly poll. Senior BJP leaders including Sushil Kumar Modi, Nand Kishore Yadav and Bihar party chief Mangal Pandey attended a function of 'Goswamis'. The Bihar BJP is all set to launch a membership drive from Monday in which new members who registered themselves with the saffron party online would be asked to fill membership form having a column on caste. This comes against the backdrop of Modi asking the people of Bihar to rise above caste considerations and support the most virtuous yesterday. (Image: PTI) (23/05/2015)

2/7

1. Smart City mission:</br><br> In May, the Cabinet approved building of 100 smart cities with an allocation of Rs 48,000 crore. It also approved Atal Mission for Rejuvenation and Urban Transformation across 500 cities with an outlay of Rs 50,000 crore. (Express Photo)

3/7

2. Inflation and interest rate:</br><br> Inflation has softened over the last year and led the Reserve Bank to cut interest rates by 25 basis points each in two tranches. (Reuters)

4/7

3. Reits:</br><br> The government has allowed setting up of Real Estate Investment Trusts and the Cabinet has also relaxed rules to allow foreign funds to invest in REITs. (PTI)

5/7

Here are three failures of Narendra Modi led govt over the past one year: </br><br> 1. Government spending on Housing: </br><br> There has been a decline in Centre’s spending for housing. From Budget estimate (BE) of Rs 5,916 crore for 2014-15 it came down to a BE of Rs 1,448 crore for 2015-16. The revised estimates for 2014-15 stood at 56 per cent of BE at Rs 3,327 crore. (PTI)

6/7

2. Land Acquisition and Rehabilitation and Resettlement Bill:</br><br> It has not moved anywhere since the time it was first approved by the previous UPA government and after the Modi government had made amendments to the Bill. It is critical for infrastructure, housing and Smart City projects. (PTI)