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New Delhi : The NITI Aayog on December 19, 2018, unveiled its comprehensive national Strategy for New India, which defines clear objectives for 2022-23. It is a detailed exposition across forty-one crucial areas that recognises the progress already made, identifies binding constraints, and suggests the way forward for achieving the clearly stated objectives.
The ‘Strategy for New India @75’was released on December 19 at a presser by the Union Finance Minister Arun Jaitley, in the presence of NITI Aayog Vice-Chairman Dr Rajiv Kumar, Members Dr Ramesh Chand and Dr VK Saraswat, and CEO Amitabh Kant.
Drawing inspiration and direction from the Prime Minister’s clarion call for establishing a New India by 2022, NITI Aayog embarked on a journey of formulating the Strategy document last year.
In his foreword the Prime Minister says,“The Strategy for New India @75 put together by NITI Aayog is an attempt to bring innovation, technology, enterprise and efficient management together, at the core of policy formulation and implementation. It will encourage discussion and debate, and invite feedback for further refining our policy approach. We believe that economic transformation cannot happen without public participation. Development must become a Jan Andolan.”
NITI Aayog followed an extremely participative approach in preparing the strategy. Each area vertical in NITI Aayog had in-depth consultations with all three groups of stakeholders, viz., business persons, academics including scientists, and government officials. This was followed by consultations at the level of the Vice Chairman with a diverse group of eminent persons from seven sets of stakeholders that included scientists and innovators, farmers, civil society organisations, think-tanks, labour representatives and trade unions, and industry representatives.
Central Ministries were brought on board for inputs, suggestions and comments, with each draft of individual chapters being circulated for consultations. The draft document was also circulated to all the States and Union Territories from whom valuable suggestions were received and incorporated. Over 800 stakeholders from within the government – central, state and district levels – and about 550 external experts were consulted during the preparation of the document.
The overarching focus of the Strategy document is to further improve the policy environment in which private investors and other stakeholders can contribute their fullest towards achieving the goals set out for New India 2022 and propel India towards a USD 5 trillion economy by 2030.
The forty-one chapters in the document have been disaggregated under four sections: Drivers, Infrastructure, Inclusion and Governance.
The first section on Drivers focuses on the engines of economic performance with chapters on growth and employment, doubling of farmers’ incomes; upgrading the science, technology and innovation eco-system; and promoting sunrise sectors like fintech and tourism.
Some of the key recommendations in the section on drivers include: Steadily accelerate the economy to achieve a GDP growth rate of about 8% on average during 2018-23. This will raise the economy’s size in real terms from USD 2.7 trillion in 2017-18 to nearly USD 4 trillion by 2022-23. Increase the investment rate as measured by gross fixed capital formation (GFCF) from the present 29% to 36% of GDP by 2022 2. In agriculture, shift the emphasis to converting farmers to ‘agripreneurs’ by further expanding National Agriculture Markets and replacing the Agricultural Produce Marketing Committee Act with the Agricultural Produce and Livestock Marketing Act, 3. Give a strong push to ‘Zero Budget Natural Farming’ techniques that reduce costs, improve land quality and increase farmers’ incomes. This has emerged as a tested method for putting environment carbon back into the land.
The second section on Infrastructure deals with the physical foundations of growth which are crucial to enhancing the competitiveness of Indian business as also ensuring the citizens’ ease of living. Some of the key recommendations in the section on infrastructure include: 1. Expedite the establishment of the Rail Development Authority (RDA), which is already approved. 2. Double the share of freight transported by coastal shipping and inland waterways 3. With the completion of the Bharat Net programme in 2019, all 2.5 lakh gram panchayats will be digitally connected. Aim to deliver all government services at the state, district, and gram panchayat level digitally by 2022-23.
The section on Inclusion deals with the urgent task of investing in the capabilities of all of India’s citizens. The three themes in this section revolve around the dimensions of health, education and mainstreaming of traditionally marginalised sections of the population.
The final section on Governance delves deep into how the governance structures can be streamlined and processes optimized to achieve better developmental outcomes, according to a PIB release