Making India $5 trillion economy challenging but achievable: PM

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New Delhi, June 15: The goal of making India a $5 trillion economy by 2024 is “challenging, but achievable” with the concerted efforts of states, Prime Minister Narendra Modi said at the fifth meeting of NITI Aayog’s Governing Council here on Saturday.

The meeting is being attended by all chief ministers, except Mamata Banerjee (West Bengal) and K Chandrashekhar Rao (Telangana), and senior union ministers.

Modi, according to an official release, stressed that NITI Aayog has a key role to play in fulfilling the mantra of “Sabka Saath, Sabka Vikas, SabkaVishwas”.

Recalling the recent general elections as the world’s largest democratic exercise, the prime minister said that it is now time for everyone to work for the development of India.

He spoke of a collective fight against poverty, unemployment, drought, flood, pollution, corruption and violence.

The goal to make India a $5 trillion economy by 2024 is challenging but can surely be achieved and stressed that the states should recognise their core competence, and work towards raising GDP targets right from the district level.

Amid several parts of the country facing drought-like situation, Modi called for effective steps to tackle it by adopting ‘per-drop, more-crop’ strategy.

He said that the newly created Jal Shakti Ministry will help provide an integrated approach to water and states can also integrate various efforts towards water conservation and management.

The fifth Governing Council, which was held at Rashtrapati Bhavan, saw several saw most chief ministers except West Bengal’s Mamata Banerjee, Punjab’s Amarinder Singh and Telangana’s K. Chandrashekhar Rao attend it.  Union ministers Amit Shah, Nitin Gadkari, Nirmala Sitharaman and Rajnath Singh were also part of the meeting.

The council, the apex body of Niti Aayog— a financial advisory body that replaced the Planning Commission when Narendra Modi became prime minister for the first time in 2014—includes all chief ministers, lieutenant governors of union territories, several union ministers and senior government officials.

Banerjee has refused to attend the meeting saying Niti Aayog had no financial powers to support state plans.

The first meeting the Governing Council was held on February 8, 2015, at which the Prime Minister laid down the key mandates of Niti Aayog such as fostering cooperative federalism and addressing national issues through active participation of the states.

The second meeting on July 15, 2015, reviewed the progress made by the three sub-groups of chief ministers and the two task forces.

In the third meeting on April 23, 2017, Modi had pitched for conducting simultaneous elections of the Lok Sabha and the state assemblies and shifting to a January-December fiscal year.

The fourth meeting of the council on June 17, 2018, deliberated upon measures taken to double farmers’ income and the progress of the government’s flagship schemes.

India Times
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