NITI Aayogs Three Year Action Agenda 2017-18 to 2019-20 unveiled by the Finance Minister

NITI Aayogs Three Year Action Agenda 2017-18 to 2019-20  has been unveiled by the Finance Minister Sh. Arun Jaitley 

NITI Aayog’s Three Year Action Agenda 2017-18 to 2019-20

The Action Agenda is an integral part of the 15-year Vision Document of India being drafted by the NITI Aayog. A brief outline of the subjects covered in the document are as under:

Part I: Medium-Term Revenue and Expenditure Framework

The Government has realaises that the most direct and visible policy tool of the government is the budget. The Action Agenda proposes linking Central government expenditures to future priorities. It suggests shifting the composition of expenditures by allocating a larger proportion of additional revenues that become available over time to high-priority sectors. 

Part II: Economic Transformations in Major Sectors

Economic Transformations has been divided into two parts, one dealing with agriculture being the backbone of the rural economy, and the other one creation of well-paid jobs in industry and services.

Part III: Regional Development

This  part focus on urban, rural and regional development. For urban sectors, the focus is on how urbanization can be facilitated in the country. Key challenges envisaged are affordable housing, infrastructure development, public transport, promotion of Swachh Bharat, reform of urban land markets and waste management..

For rural sector, the challenges would include creating jobs so that agricultural workers could shift to non-farm sectors, skill development, accessing education and health facilities, infrastructure, local governance, drinking water and sanitation and financial inclusion. 

For achieving balanced growth across the country , focus would be on North Eastern region, coastal areas, islands, North Himalayan states and desert and drought prone areas. Developing infrastructure in these areas would bridge the divide created by geographical uniqueness.

Part IV: Growth Enablers

This is concerned with how to enhance the contribution of a number of growth enablers which include infrastructure, digital connectivity, Public Private Partnerships (PPPs), energy, science and technology and creation of an effective innovation ecosystem.

Part V: Government

This part considers issues related to the government such as governance, taxation, competition and regulation.

Part VI: Social Sectors

This part focuses on education, skill development, health and issues facing specific groups such as Scheduled Castes, Scheduled Tribes, women, children, differently abled and senior citizens. Education, skill development and health contribute to the creation of a productive workforce.  It outlines the actions for building a more inclusive society.

Part VII: Sustainability

The last action agenda relates to environmental sustainability.   The balance would be between strengthen and streamline regulatory structures governing sustainability of the environment with removing hurdles that adversely impact growth without protecting the environment.  It also deals with water scarcity, uneven distribution of water resources across people, sectors and regions, deteriorating water quality and excessive dependence on groundwater

The Action Agenda document can be downloaded click here >>