Top 5 promises that Modi government should fulfill at the earliest

New Delhi: With Modi wave sweeping the nation saffron finally, all speculative theories have come to an end for once and all, with new prime minister all ready to take oath along with 12 of the ministers forming a part of his cabinet, a new era has begun in the national politics. Though cheers for the landslide victory may find echoes in the country’s air for a few more days, before they subside, it’s important to remind the Modi Sarkaar about the tall claims and promises made by it in its pre-election released manifesto. The BJP manifesto pledges 'Ek Bharat, Shreshta Bharat - Sabka Saath Sabka Vikas' (One India, Best India - Unity and Development for everyone). Here are the top 5 promises that Modi government should fulfill at the earliest: • Tackling price rise The first and foremost is to tackle the “inflation monster” that has hit the common man the hardest in the past three to four years. With Consumer Price Inflation (CPI) hovering at 8.59 per cent and Wholesale Price Inflation (WPI) dancing around 5.2 per cent, there is nothing more important than looking for the solution at the earliest. Although, BJP has mentioned it as a priority in its manifesto, it’s still to be seen how it would be achieved. One of the ideas is to distribute Food Corporation of India's (FCI’s) surplus food grain in the open market to increase supply in the market and also re-formulate how minimum support price is calculated. The government should also reduce the middleman's influence in selling fruit and vegetables. • Ending policy paralysis The best BJP led NDA government would be doing is breaking away policy log-jam and ending the existing policy paralysis. A strong leadership, that is ought to be there with Modi like so called strong leader at helm, policy paralysis is bound to end. It can help in improving the country's economy and infrastructure, and curbing corruption as well, giving further fillip to the GDP if the country which is at about below 5 per cent level from double digit figure of some years back. • Tax Reform As professed by the BJP in its election manifesto, the new government should surely bring out policies that help in widening tax base in the country and include larger section of the society in the tax net. NDA should also implement Direct Tax Code and Goods and Services Tax. However, these processes also require parliamentary approval. • Bringing back black money BJP has mentioned that black money stashed away abroad would be brought back if NDA returned to power and it would be used for the welfare of the poor and to reward honest income-tax payers. It would be a big plus for the nation if thousands of crores stashed in foreign tax havens could be bought back at the earliest. As per rough estimates, the cash constitutes US$ 1000 Billion. • Generating employment and encouraging entrepreneurship The Bhartiya Janata Party's 2014 party manifesto has put job creation and entrepreneurship as one of its priorities if comes to power. The policy for the same should be drafted in such a way that it targets all demographic groups, cover all aspects of entrepreneurship based on innovation related provisions.