NITI Aayog Releases Strategy for New India @ 75

Seeking to make development a Jan Andolan, details key recommendations across growth drivers, infrastructure, inclusion and governance

The NITI Aayog today unveiled its comprehensive national Strategy for New India, which defines clear objectives for 2022-23. It is a detailed exposition acrossforty-one crucial areas, that recognizesthe 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 today at a press conference 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.

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.”

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 4 sections: DriversInfrastructureInclusion 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.

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.

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 marginalized 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.

The full document can be accessed here: http://niti.gov.in/the-strategy-for-new-india

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