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NITI Aayog releases ‘Strategy for New India @75’

2018-12-19

The NITI Aayog on December 19, 2018 released ‘Strategy for New India @75’, its comprehensive national Strategy for New India which defines clear objectives for 2022-23. The Strategy was released by the Union Finance Minister Arun Jaitley.

Key points:-

-With ‘Strategy for New India @ 75, Niti Aayog aims to accelerate growth to 9-10 percent and make India a USD 5 trillion economy by 2030.

-The development strategy includes doubling of farmers’ income, boosting ‘Make in India’, upgrading the science, technology and innovation ecosystem, and promoting sectors like fintech and tourism.

-NITI Aayog prescribed reducing upper age limit to join the civil services to 27 years from the present 32 years for General Category candidates by 2022-23 in a phased manner and also to have one integrated exam for all civil services.

-It calls for successfully implementing the Ayushman Bharat programme including the establishment of 150000 health and wellness centres and rolling out Pradhan Mantri Jan Arogya Yojana.

-The document outlines the need for creating agripreneurs, which implies creation of agro-processing industry at a much faster pace to enhance farmer participation though agro processing.

-It calls for participation of Private Sector in Indian Railways. From ownership of locomotives and rolling stocks to modernising stations, improvement of the railways hinges on private participation.

-It boasts of expanding the scope of Swachh Bharat Mission to cover initiatives for landfills, plastic waste and municipal waste and generating wealth from waste.

-The government will have to ease the tax compliance burden and eliminate direct interface between taxpayers and tax officials using technology.

-It suggests better compensation to banking correspondents, facilitating paperless banking and introducing financial literacy chapters in school curricula to spur financial inclusion.

-It recommends identification of the poorest among the minority communities through the socio-economic caste census data for proper targeting of various schemes.



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