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Tuesday, 26 April 2016

Govt aims to remove poverty by 2032


"Growing at 10 per cent will transform India - India will be a $10 trillion economy with no poverty in 2032," the plan states. In 2015-16, the size of the Indian economy was a little over $2 trillion and the gross domestic product growth was around 7.6 per cent. As part of first steps in this grand plan, the government has set out to implement WTO-compatible procurement norms by 2017-18, achieve 100 per cent rural electrification by May 2018, increase rural teledensity to 100 per by 2020, reach broadband connectivity through optical fibre to all gram panchayats by December 2018 and have 175 million broadband connections by 2017.

The 23-page action plan also envisages reforms in the agriculture and allied sectors, including deregulation of genetically engineered (Bt) insect-resistant pulses by 2017-18, creation of buffer stock for pulses by 2017-18 and target 15 million metric tonnes of fish production by 2020. It also plans to implement seeding of Aadhaar number in 90 per cent of ration cards by the end of FY17. PAN (Permanent Account Number) is to be made mandatory for all businesses and entities and serve as unique business identifier also by the end of FY17.
The PM identified eight themes and decided to constitute eight groups of secretaries to come out with recommendations and a road map for each of the themes. The objective of the action plan was to foster development but with inclusive growth and efficiency..

The eight themes identified by the PM were - accelerated growth with inclusion and equity; employment generation strategies; universal access to quality health and education; good governance; farmer-centric Issues in agriculture and allied sectors; Swachh Bharat and Ganga Rejuvenation; energy conservation and efficiency and innovative budgeting and effective implementation.

The government plans to have proactive consultations with the states as they "have an important role in implementation of a number of these initiatives on pan-India basis."

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