
”The collective effort of 1.25 billion Indians is transforming the country. The Union Government is an active partner in the people’s quest for building a New India by 2022. It is our endeavour to create an ecosystem which enables every Indian to reach his or her full potential. This will pave the way for inclusive growth, and ensure prosperity to all. Policy is a necessary catalyst for change. We are, therefore, reforming our policy architecture to achieve the best outcomes. Much has been achieved, but more needs to be done”, Prime Minister Narendra Modi stated in his foreword to the ‘Strategy for New India @75’ prepared by NITI Aayog and released by the Union Finance Minister Arun Jaitley, in the presence of NITI Aayog Vice-Chairman Dr Rajiv Kumar on Wednesday 19 December 2018.
Prime Minister added, “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”.
Strategy for New India @75 is the comprehensive national Strategy that defines clear objectives with focus 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.
Growth Drivers focus on engines of economic performance that include growth and employment, doubling of farmers’ incomes; upgrading the science, technology and innovation eco-system; and promoting sunrise sectors like fintech and tourism. It says, “Besides having rapid growth, which reaches 9-10 per cent by 2022-23, it is also necessary to ensure that growth is inclusive, sustained, clean and formalised.” “An annual rate of growth of 9% by 2022-23 is essential for generating sufficient jobs and achieving prosperity for all,”
Infrastructure section 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 and key recommendations in the section on infrastructure include:
Inclusion section 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 marginalized sections of the population. And the key recommendations in the section on inclusion include:
Governance section delves deep into how the governance structures can be streamlined and processes optimized to achieve better developmental outcomes and the key recommendations in the section on governance include:
As stakeholders have been consulted widely in preparing the ‘Strategy for New India @75’, its intent to creation of a mass movement for development in which “every Indian recognises his or her role and experiences the tangible benefits” is laudable and that “policymaking will have to be rooted in ground realities” rather than economic abstractions.
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