2. NITI AYOG- INTRODUCTION
AIM:
Achieve sustainable development goals
Enhance cooperative federalism
FORMATION:
1st January 2015
Replace the Planning Commission
ROLE:
15 year vision
7 year strategy
3 year action agenda
3. OBJECTIVES OF NITI AAYOG
Serve as Government Think Tank
Provides Strategic and technical advice on policy matters
Empower states to make a strong nation
Pay special attention to the sections of our society that may be at risk
4. NITI AAYOG PLANNING COMMISION
•Decision taken at local
•Bottom top approach
•No Powers to disburse funds
•Tailor powers based on needs
•Decision taken at centre
•Top down approach
•Have powers to disburse funds
to central ministries and state
government
•One size fits all
5.
6. INDIA- 3 YEAR ACTION AGENDA
2017-18 TO 2019-20
●Recommends policy changes and programs for action from 2017-18 to 2019-20.
●States involvement
●Inputs received from:
Members, Advisers, State governments, union territories, Ministries of central
government, Scientists, Economists, Industry associates, Experts in fields such as health,
education etc.
7. I. Three year revenue
and expenditure
II. Economic
Transformation in
major sectors
III. Regional
Development
IV. Growth Enablers
V. Government
VI. Social Sector
VII. Sustainability
The SEVEN PARTS
9. POVERTY
●APJ Abdul Kalam’s vision for a better,
richer world in 2030 which focused on
challenges of poverty, illiteracy, drinking
water etc due to:
Extremely low level of per capita
income
Inadequate tax revenues and excessive
needs of the economy.
Economic performance
1991 reforms
2003-04: growth on 8 % trajectory
2014-March’17: 7%
Sabka Saath , Sabka Vikas
India’s richest hold 58% of the
country’s total wealth.
57 billionaires in India have the same
wealth as that of the bottom 70%
population of the country.
10. How to achieve poverty reduction in
next three years..?
● Since state government are handling social sector schemes , they should be given more
importance
● Expenditure proposals should be based on goals and priority
● Direct Tax Reforms should be taken into account
11. Fiscal Deficit & Revenue Deficit
● CURRENT VALUE
Fiscal Deficit 3.5% of GDP
Revenue Deficit 2.1% of GDP
● PROPOSED FRAMEWORK REDUCES :
Fiscal Deficit 3% of GDP
Revenue Deficit 0.9% of GDP
12. Action Agenda Proposes
● Shifting the composition of expenditure by allocating a larger proportion of additional
revenues that become available to high priority sectors
● Decline in the share of non – developmental revenue expenditure in total revenue
expenditure
● Rise in share of capital expenditure to promote development
● Expansion of expenditure on education, health, agriculture, rural development, defence,
railways, roads
14. AGRICULTURE
●Doubling Farmers income by 2022.
●Kissan credit card
●Corporate farming
●Krish darshan channel on AIR and DD
●Enhancing agricultural productivity requires efficiently using inputs ,introducing new
technologies and shifting from low value to high value commodities.
15. INDUSTRY
●Unemployment rate consistently remains between 5% to 8%.
●Problem is not unemployment but underemployment.
●NITI Aayog is focussing on import substitution.
●Great show globally in IT, ITES, Pharma .
17. Urban, Rural and Regional
Development
●Rural area challenges:- Creating non- farm jobs ,skill development, accessing
education and health facilities, local governance , infrastructure , Drinking water &
sanitation and financial inclusion.
●In urban area focus is on building smart cities.
●Urban poverty is one major problem.
19. Regional strategies to achieve balanced
growth across the country
●Regional strategies especially for areas of the north east , the Himalayan regions,
coastal regions, our deserts and islands.
●How to enhance the contribution of a number of growth enablers like digital
connectivity, PPP, Infrastructure , science & technology and energy ,effective
ecosystem , Transport and connectivity.
21. GOVERNANCE
● Actions to eliminate corruption and black money , strengthening federalism
● Ignored problems of money laundering and capital flight
● Reforms in civil service
● Electoral Reform GST and Demonetisation
● Taxation policy and administration
● Strengthen the rule of India
23. SOCIAL SECTORS
● Actions for improving country’s education system
● Transform the delivery of health services
● Action for building a more inclusive society
26. WEAKNESSES
● Not identify goals and also constraints
● The possible implications and estimates of GST is not mentioned
● Financial implications are not considered
● Various parameters on the emergent needs of economy have not been identified
● Completely ignored banking and financial sectors