pledged $35 billion in five years and China wil bring in another $20 billion. Unfortunately, this $100 blion of ‘commitment from major economic [powers isnot exhaustive for India as ‘the demand is much more—Smart Cities and urban renewal alone will require 245 trillion ($750 billion) of investment and much of it has to ‘come from abroad as neither the {government nor domestic companies ill be ina position to invest so ‘much, Are regulations and policy environment congenial for investors as yet? Has India's ranking in ease of REFORMS MODI'S INITIATIVES Jan Dhan Financial indusion of oor Over 100mlion accounts. Naar by way of abank acount opened by 26" Decamber abe upd with Ruay debit 2014, ut 74 per cent of ther Srees1g ert vedat strane and have no funds, pension —_—EEE———— I ‘Make in Inclia Make ina a global Investments yt to ick up launched on manufocuring hub wth fecus in manufacturing except in 258 September 2014 on high-tech sectors some sectors ike defence equipment 100 Smart Drive eanomicgromth by Cities ‘expanding ub capacity ssscedin une, 310 instal condos and ‘and Budget speech on broadband highways 10" sly2014 100 ces identified. MoUD concept not by December 2014. Some cities ike Dholera already started work Govt considering PPP route ‘part rom existing werk of BSNL on laying fibre optic ‘able under NeGP Labour ministry has signed MoUs (Shramev ayat) with Tata Sons, Marut and others for job-training schemes Digital India Broadband infrastructure to Cabietappoveon cover 23000 vilges rn DiAigust2014 "—_e-govermnance and pb Servce deve —— Skill India Revamp of abou laws, ianched on Bnpied comple ot rete 2018 16 our ans via Sram aoe ‘Suvidha Portal, ending inspection rj and Tene apentice seme {All government departments intiated the process but roads ard other publi places ‘continue to remain diy Bill introduced in Lok Sabha Fue ination ebbs Ordinance issued but Bil pending Ordinance issued but pending Ordinance issued but 8 pending MyGou E-iz portals launched Clean In: Improving sanitation and (Swachh Bharat) hygiene Launched on 2Ociober 2014 ——_——_———X{_£_{£_&_—Z Reforms ost Biggest tx efor by way of a ‘Single tax across the county Diese price decontol Link ise prices with global crude Coal Block auction Auction coal blocks to power wis Land Acquistion Falitate nfastructure projects FDI policy ‘Atact foeign investment in for insuance,ralways, defence eGoverance Improve governance by use ofl (October-December 2014 + INCLUSION + 25,