1. Working on vision plan for 15 and action plan for 3 years on PM’s direction, says NITI Aayog CEO

Working on vision plan for 15 and action plan for 3 years on PM’s direction, says NITI Aayog CEO

Chief Executive Officer National Institution for Transforming India (NITI) Aayog, Amitabh Kant; Vice-Chairman GE USA, John Rice and Chief Executive Officer One 97 Communications, Vijay Shekhar Sharma will co-chair for this year’s summit.

By: | Updated: October 6, 2016 2:03 PM
wef-L “We are preparing vision documents for 15 years and strategy for 7 years and an action plan for 3yrs on Prime Minister’s direction,” says Amitabh Kant. (Source: Twitter)

The annual Indian Economic Summit began on Thursday in New Delhi. Commerce and Industry Minister Nirmala Sitharaman inaugurated the two-day meet which will focus on issue like digital transformation and regional economic integration.

The inaugural session was attended by Sri Lankan Prime Minister Ranil Wickramasinghe among other dignitaries, while Chief Executive Officer National Institution for Transforming India (NITI) Aayog, Amitabh Kant; Vice-Chairman GE USA, John Rice and Chief Executive Officer One 97 Communications, Vijay Shekhar Sharma will co-chair for this year’s summit.

In a conversation with ANI, Kant said,”We are preparing vision documents for 15 years and strategy for 7 years and an action plan for 3 years on Prime Minister’s direction.”

He added that these documents will be released by Jan-Feb and will cover all sectors.

“It is a path-breaking move will redefine the nation.”

Kant also said that the country needs a radical restructuring of education and health sectors to sustain growth momentum.

According to Chandrajit Banerjee, Director-General of the CII, “India’s economy is widely expected to grow at around eight percent in the medium term. Identifying the right policies so that we sustain this growth rate for a generation would be the key to achieving the development expectations of our country.”

Meanwhile, Sri Lankan Prime Minister Wickramasinghe said, “WEF in Delhi this year says the world is expecting India to translate potential into action… we are at threshold of another historic moment. If the pace of reforms fails to pick up, companies may look elsewhere. Where elsewhere? It has to be India or China. That’s the hard truth. There is no other place to go today,”

  1. R
    Rameswar Pattanayak
    Oct 6, 2016 at 10:06 am
    I expect NITI Ayog to focus on few issues concerning "Housing For All" initiative. A substantial ans sizable section of the potion are afraid of uncomfortable old age living by buying or building a house of their own which calls for at least 50% of life's earning. Some are also apprehensive of non use of the bought or built house by their offspring who will eventually move out elsewhere to make at an earning. In such a situation which affects majority of the middle and lowe income group, will it be inappropriate to think of providing built houses on rent for life time on terms like no subletting, no transfer and no inheritance?
    Reply

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