Govt's economic roadmap: Top 10 priorities

President Pranab Mukherjee says containing inflation top priority for the new govt

President Pranab Mukherjee in his joint address to the Parliament today said that containing food inflation will be the top priority for the new government, adding that putting the economy back on track is paramount for the new government. 

 

The Narendra Modi government will also clamp down on hoarding and black marketeering and is preparing contingency plans for sub-normal monsoon rains, Mukherjee added.

Here are the top things the President said in his address: (Read complete address here)

1)  Govt ro rationalise, simplify tax regime which will be non-adversarial, will make all efforts to introduce GST.

2)  Modernisation, revamp of railways top priority: Govt to launch a diamond quadrilateral project of high-speed trains; investment in railways to be increased.

3) Govt to encourage investments including FDI. Will fast-track investor-friendly PPP plan. 

4) Govt to formulate national education policy. Plans to set up an IIT, IIM in every state. Schools will be e-enabled in a phased manner.

5) Govt to formulate new health policy. AIIMS like institutes to be set up in every state.

6) Govt to liberalise FDI in defence production, encourage private invetsment in defence production  and initiate reforms in defence procurement. International civil nuclear agreements to be operationalised and nuclear power projects developed.

7) Will pursue coal sector reforms, Govt infra development plan to be implemented in 10 years. Timebound national highway plan.

8) Govt proposes proper housing to all citizens by 2022.

9) Zero tolerance for violence against women; Govt commited to 33% quota for women in Parliament.

10) Government to formulate a new health policy and roll out a national health insurance mission.