Opinion: Reports Show How Govt is Saving our Money

Truth v/s Hype
Jul 26, 2017 · 3 min read

A wide look at things show that government schemes have helped save tremendous amounts of public money, be it through UDAY or GST. Here’s a look at how schemes and their implementation have managed to do more in less money and in some cases saving losses more than expected.

Five points that prove its Acche Din for Public and their Money

Each point is hyperlinked to a news report. Click on them to see the entire story!

1. UDAY: Incredible Savings for DISCOMs

a. Losses go down by 21.5% on an average

b. Loss to some Discoms down by 54%

c. Interest rates down to 7–8% from 11–12%

d. Profit surged by Rs 11,989 cr in a year

2. GST: More Power to Commoners

Things that got cheaper post GST

a. Milk, curd, spices, tea, etc

b. Apparels up to Rs 1,000

c. Silk, Woollen fabrics, Khadi yarn, Gandhi topi, Footwear, etc

d. Commercial LPG, coal, kerosene, LPG stove, etc

e. School bag, books, pen, colouring book, printers, etc

f. X-ray films for medical use, Diagnostic kits, Glasses for corrective spectacles, Medicines for diabetes, cancer, etc

g. Bikes, motorcycles, Scooters, Diesel engines, tractor tyres & tubes, weighing machines, UPS, electric transformers, helmet

h. Movie tickets and hotel rooms

3. Full Stop on Corruption in Transportation

a. Trucks saved between 24–36 hrs/ trip

b. Fleet owners are saving at least Rs 5,000–7,500 /trip

4. Revolutionary Savings by Direct Benefit Tranfers

a. More than Rs. 57000 cr saved through DBT

b. Rs 14,000 under the Public Distribution System

c. MGNREG saved Rs 11,741 crore

d. Beneficiaries up from 11 cr in 2013 to 36 cr in 2017

e. Over Rs 61,000 cr disbursed to 30 cr people

5. Environment Friendly UJALA Savings

a. 24 crore LED bulbs distributed

b. Annual savings of Rs 13,100 crore due to LED use

c. Annual savings of 32,749 million KwH energy

e. Annual Reduction of CO2 emissions by 2,65,27,082 tonnes

The govt’s move to simplify Indian economy and reduce corruption is working at best.

Acche Din Caught in Action?

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