High-powered panel for structural reforms in agriculture: Modi

Image
IANS New Delhi
Last Updated : Jun 15 2019 | 10:10 PM IST

Prime Minister Narendra Modi on Saturday announced a high powered committee, comprising Chief Ministers, to recommend structural reforms in agriculture, while urging the states to contribute in making India a $5 trillion economy by 2024.

In his concluding remarks at the 5th meeting of the Governing Council of NITI Aayog, he also called for people to people contact between residents of different states, under the "Ek Bharat, Shreshth Bharat" umbrella.

The Prime Minister said global circumstances currently offer a unique opportunity to India as the country is establishing itself on global benchmarks such as "Ease of Doing Business".

"We should endeavour to make India a $5 trillion economy by 2024, at the earliest. For this purpose, states should aim to increase their economy by 2 to 2.5 times. The common man's purchasing power would increase as a result of this," he said.

Modi called upon the Chief Ministers to study their state's export potential and work on export promotion.

On the committee on structural reforms in agriculture, the Prime Minister said it would include some Chief Ministers as well and would take a "holistic approach" on the subject, including allied activities.

Referring to the creation of two new ministries and one new department created at the Centre, he said the Island Development Department in the Home Ministry, would work on the development of about 1,300 islands that are a part of India.

He urged the littoral states to take an initiative with regard to the islands contiguous to their coastline.

The Prime Minister said that the mining sector can provide significant employment opportunities but reminded that the bottlenecks in operationalization of mines continue to exist in several states.

"The NITI Aayog is working on these issues," he said.

He also called upon states to review the progress of "Aspirational Districts" from time to time and said a new model of governance needs to be established in aspirational districts.

The Prime Minister said that the Union government is keen to partner with the states, and work together for India's development.

He said India needs to prioritise and make appropriate interventions to solve its water problems.

"Water conservation and irrigation, both require a massive effort, based on public participation," he said.

The Prime Minister called for an outcome based approach for the Ganga River Basin Authority.

--IANS

bns/vd

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 15 2019 | 9:56 PM IST

Next Story