News By/Courtesy: Harshit Sharma | 17 Jun 2019 0:33am IST

HIGHLIGHTS

  • The Chairperson, Narendra Modi, in his opening remarks, set forth the goal to make India 05 trillion-dollar economy by 2024.
  • The size of India’s economy was estimated at 02.75 trillion dollars at the end of March 2019.
  • Narendra Modi emphasized the role of State Governments in raising GDP targets right from the district levels.

Amidst stinging criticisms, Narendra Modi’s constituted NITI Aayog which dismantled the Planning Commission continues to carry out its function of policy formulation. The National Institution for Transforming India, more popularly known as ‘Think Tank’ of the Government of India, on Saturday, has successfully convened it’s fifth governing council meeting at Rashtrapati Bhawan, New Delhi. This happens to be the very first meeting of the planning body after Narendra Modi led NDA Government has formed the Government after a resounding victory in the 2019 Lok Sabha elections. The meeting was attended by senior Union Ministers and Chief Ministers from almost all States except West Bengal, Telangana, Punjab and Himachal Pradesh for some reasons. The voluntary absence of Chief Minister of West Bengal—Mamta Banerjee in the meeting is because she considers NITI Aayog to be a ‘fruitless’ institution with no financial powers which discusses agendas of the union government.

The Chairperson, Narendra Modi, in his opening remarks, set forth the goal to make India 05 trillion-dollar economy by 2024. The size of India’s economy was estimated at 02.75 trillion dollars at the end of March 2019. Narendra Modi emphasized the role of State Governments in raising GDP targets right from the district levels. The Prime Minister also stressed the growth of export and rise in per capita income, which he believes is only possible with the co-operative efforts of the Centre and State Governments. Expressing his concern over drought in several parts of the Country, Mr Modi announced a high-powered committee, comprising of Chief Ministers, to recommend structural reforms in agriculture.

Section Editor: Sandeep G | 17 Jun 2019 0:51am IST


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