Friday, April 12, 2024

Congress Economic Policy 4.0 - Full Employment Economy - Nav Sankalp Economic Policy

Congress’ economic policy has evolved over the years. 

(See: Economic Policy - Congress Party 2024 Lok Sabha Election Manifesto

https://guide-india.blogspot.com/2024/04/economic-policy-congress-party-2024-lok.html)


Congress Economic Policy 1.0 - Institution Building in the New Independent India that is Bharat

Conceptualizing and Promoting Institutions in Government - Economic, Academic, Agricultural, Health and Services.

Conceptualizing and Developing Public Sector Enterprises

Providing Minimum Risk Environment to Private Corporate Sector - Developing Financial Sector to Support Corporate Sector Capital Mobilization.


Congress Economic Policy 2.0 - Garibi Hatao - Remove Poverty


Congress Economic Policy 3.0 -  Open, Free and Competitive Economy

In 1991, the Congress ushered in the era of liberalization and steered the country toward an open, free and competitive economy with regulatory oversight. The country reaped enormous benefits in terms of wealth-creation, new businesses and entrepreneurs, a huge middle class, millions of jobs, important innovations in education and healthcare, and exports. Millions of people were lifted out of poverty.


Congress Economic Policy 4.0 - Job Creation

The cornerstone of the Nav Sankalp Economic Policy will be JOBS. To create jobs, India must become a producing economy. We must produce goods and services for ourselves and for the world. There is a huge opportunity for India to emerge as the world’s biggest producer.

We reject jobless growth and the BJP’s legacy of job-loss growth.


There will be plenty of jobs and sufficient opportunities for self-employment and starting businesses.

We will create crores  of jobs.  The best creator of jobs is the micro sector. It is the creator of the largest number of jobs, especially for workers with high school education. 

We will support the private sector and every kind of enterprise — large, medium, small and micro — in their endeavour to create jobs and produce goods and services.

Our policy preference will be in favour of business enterprises that create a large number of jobs.

Full employment is our goal and we will make every effort to ensure that the large workforce is gainfully employed.

13. We will introduce reforms in industrial and labour laws to restore the balance between labour and capital to meet our twin goals of full employment and high productivity gains. The Labour Codes passed by the BJP/NDA government will be reviewed and amended.

We will address the issues of gender discrimination and gender inequality in workplaces and in accessing economic opportunities.

We will ensure that banks offer low-interest loans to Self-Help Groups.

We will launch an urban employment programme guaranteeing work for the urban poor in reconstruction and renewal of urban infrastructure.

We will make a law to specify and protect the rights of gig workers and unorganised workers and enhance their social security.

We will propose laws to regulate the employment of domestic help and migrant workers, and ensure their basic legal rights.

We will reorient the tax policies towards employment and wages as well as investments and profits.

We will address the growing inequality of wealth and income through suitable changes in policies.

(All policies mentioned in Economic Policy - Congress Party 2024 Lok Sabha Election Manifesto

https://guide-india.blogspot.com/2024/04/economic-policy-congress-party-2024-lok.html 

First point is slightly modified)


Appeal for New Volunteers from Students and Youth. Congress can Attract New Volunteers.

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Every Congress Lok Sabha can Invite students and youth to become election volunteers to help Congress  to come to power. The Congress Manifesto is  promising them jobs and  Full Employment Economy. 

10,000 new volunteers for the constituency can be the target. Appoint contact points for each locality, assembly constituency and full parliament constituency.



You can Provide Employment to 2 Crore Persons per Annum in Micro enterprises. 

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Innovate micro enterprise finance scheme.

Narayana Rao K.V.S.S.

Research Paper Presentation.

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https://www.youtube.com/watch?v=DLTp7Y48PQQ 

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BJP Government 2014 - 2024 -  An Underachiever in the Economic Sphere.

India’s GDP in 1990-91 was approximately 25 lakh crore in constant prices. In 13 years, first under a Congress government and later under coalition governments, the GDP doubled and reached a value of 50 lakh crore in 2003-04. In 10 years under the UPA, the economy doubled again and the GDP was at 100 lakh crore in 2013-14. A 100 lakh crore economy was inherited by the BJP/NDA government but it wasted the golden opportunity. If the UPA had continued in office, the economy would have doubled again and stood at 200 lakh crore in 2023-24. Alas, due to the BJP’s mismanagement, the GDP will reach a level of only 173 lakh crore by the end of 2023-24 falling short of a target that was unachievable.

The Congress is committed to rapid growth and generation of wealth. We have set a target of doubling the GDP in the next 10 years.

Failure in Major Program Announced with Big Fanfare.

It failed in major economic programs it announced with a big fan fare.

1. Improving agricultural income. doubling.

2. Make in India.

3. Finance Scheme for Micro Units.


NO VOTE TO BJP.

WHY YOU MUST VOTE BJP OUT IN 2024: 60 REASONS WITH FACTS AND EVIDENCE

By Sanjay Jha

It is up to you now. Thank you.

https://twitter.com/JhaSanjay/status/1776169185405739063












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