Niti Aayog Wednesday unveiled its much awaited 'Strategy for New India @ 75' document with an aim to accelerate growth to 9-10 per cent and make the country a USD 4-trillion economy by 2022-23.
Laying down a multi-pronged strategy to promote the country's overall development, the document said the annual growth rate of 9-10 per cent by 2022-23 would be essential for generating sufficient growth and achieving prosperity for all.
Independent India will turn 75 on August 15, 2022.
"Steadily accelerate the gross domestic product (GDP) growth rate to achieve a target of about 8 per cent during 2018-23. This will raise the economy's size in real terms from USD 2.7 trillion in 2017-18 to nearly USD 4 trillion by 2022-23."
Unveiling the much-awaited document, Finance Minister Arun Jaitley said, "Sound policy will always put economy on track in which it will get perpetually people out of poverty and give them better quality of life."
Post release of the strategy document, Niti Aayog vice chairman Rajiv Kumar talking to reporters on agrarian crisis said, "Farm loan waiver is not a solution to farm sector distress. It is not a solution but is palliative."
To a question on job creation, the Niti Aayog vice chairman said, "On the employment front, I am not sure crisis is appropriate word to use."
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