{"id":313588,"date":"2019-06-22T08:07:07","date_gmt":"2019-06-22T08:07:07","guid":{"rendered":"http:\/\/tehelka.com\/?p=313588"},"modified":"2019-06-22T08:07:07","modified_gmt":"2019-06-22T08:07:07","slug":"making-india-5-trillion-economy-by-2024-possible","status":"publish","type":"post","link":"https:\/\/tehelka.com\/making-india-5-trillion-economy-by-2024-possible\/","title":{"rendered":"\u2018Making India $5 trillion economy by 2024 possible"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\"><a href=\"http:\/\/tehelka.com\/9-11\/\"><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-313513 aligncenter\" src=\"http:\/\/tehelka.com\/wp-content\/uploads\/2019\/06\/9-1-300x179.jpg\" alt=\"\" width=\"644\" height=\"384\" srcset=\"https:\/\/tehelka.com\/media\/2019\/06\/9-1-300x179.jpg 300w, https:\/\/tehelka.com\/media\/2019\/06\/9-1-768x458.jpg 768w, https:\/\/tehelka.com\/media\/2019\/06\/9-1-1024x611.jpg 1024w, https:\/\/tehelka.com\/media\/2019\/06\/9-1-696x415.jpg 696w, https:\/\/tehelka.com\/media\/2019\/06\/9-1-1068x638.jpg 1068w, https:\/\/tehelka.com\/media\/2019\/06\/9-1-704x420.jpg 704w, https:\/\/tehelka.com\/media\/2019\/06\/9-1.jpg 1367w\" sizes=\"(max-width: 644px) 100vw, 644px\" \/><\/a>The goal of making India a $5 trillion economy by 2024 is \u201cchallenging, but achievable\u201d with the concerted efforts of states, Prime Minister Narendra Modi said at the fifth meeting of NITI Aayog\u2019s Governing Council. The meeting was attended by all chief ministers, except Mamata Banerjee (West Bengal) and K Chandrashekhar Rao (Telangana), and senior union ministers<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">Modi stressed that NITI Aayog has a key role to play in fulfilling the mantra of \u201cSabka Saath, Sabka Vikas, SabkaVishwas\u201d. Recalling the recent general elections as the world\u2019s 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, <\/span><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">unemployment, drought, flood, pollution, corruption and violence.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">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 \u2018per-drop, more-crop\u2019 strategy<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">He said that the newly created Jal Shakti Ministry will help provide an integrated approach to water and states can also integrate various <\/span><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">efforts towards water conservation and management.<\/span><\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">Facilitator<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">Kerala Chief Minister Pinarayi Vijayan said that NITI Aayog has not \u201cplayed the much-expected role of a facilitator\u201d in the last four years and perhaps was not a substitute for the erstwhile Planning Commission. Vijayan, in his speech at the 5th Governing Council meeting of NITI Aayog, said that after doing away with the plans at the national level, states have lost the Gadgil formula, grants which they used to get as plan assistance earlier.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">Besides, states now have also to bear a higher share \u2014 40 per cent \u2014 instead of the earlier average 25 per cent in many centrally sponsored schemes, resulting in shrinking the State governments\u2019 fiscal space, he said, adding that transformation of the Planning Commission to NITI Aayog has adversely affected states like Kerala, which had lost a source of funding for its Five <\/span><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">Year Plans.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">\u201cI hope that my colleague Chief Ministers would agree with me that NITI Aayog in the present form has not played the much-expected role of a <\/span><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">facilitator in the last four years. There is growing realisation that it is perhaps not a substitute for the erstwhile Planning Commission,\u201d he reportedly said.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">Vijayan said Kerala was continuing with the Five-Year Plans and implementing many development programmes through its Thirteenth Five Year Plan. He said the centre has recently been spending on subjects in the State List, resulting in centralisation in design of welfare schemes, which by economic reasoning, could be effectively done by governments at the State and local level. \u201cFor a strong nation, a strong Centre, strong states and vibrant local governments are essential pre-requisites.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">He said the foremost aim to fulfill people\u2019s aspirations was decentralisation of power to them as mandated in constitutional amendments. Vijayan said \u201cincursions\u201d into areas of legislative competence of state governments enshrined in the Constitution would weaken the federal system and make cooperative federalism lose its content, as well as its spirit.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">Vijayan opposed the move for Agricultural Produce Marketing Committee (APMC) Act and said the \u201cexploitative conditions \u201cwill worsen in all probability. He said states have their own legislation on reforming agricultural produce marketing as it\u2019s an item in the State List of the Seventh Schedule of the Constitution.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">He said Kerala has no APMC Act and the focus of the draft model act was on bringing incorporate farming and <\/span><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">putting farmers in direct contact with corporate trading entities, with the <\/span><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">expectation that their income standards would improve.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">\u201cIn a society with highly unequal bargaining powers and monopoly power, these corporate entities would have the exploitative conditions will worsen in all probability. Our State has demonstrated that through peoples\u2019 participation, intervention of the cooperative movement and the government, procurement of agricultural produce at fair prices is possible. We have taken effective steps in paddy procurement by ensuring remunerative prices for farmers,\u201d Vijayan said.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">On Left Wing Extremism (LWE), he said the security apparatus needs to be vigilant and curb any kind of extremism and terrorism threatening the peace and security of common people. \u201cRegarding left wing extremism, it is our stated position that attention and focus has to be on the alleviation of conditions of deprivation and marginalisation in society.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">At the same time, the security apparatus needs to be vigilant and curb any kind of extremism and terrorism threatening the peace and security of common people. Government of Kerala is addressing these twin concerns with equal importance,\u201d Vijayan said.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">He said the Kerala government felt states should be able to perform their constitutionally assigned developmental role effectively. \u201cKerala has the recent experience of not being ableto avail of assistance after the devastating floodsof 2018 because of the rigid fiscal constraintsbeing followed without the needed flexibility. The gravity of this can be realised only when considered against the fact that the State suffered damage amounting to Rs 31,000 crore, which is approximately 4 per cent of its Gross State Domestic Product,\u201d he said.<\/span><\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">AP seeks special status<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">Andhra Pradesh Chief Minister YS Jaganmohan Reddy has made a strong pitch to the Centre to grant special category status to the debt-ridden state and urged Modi to be \u201cgracious\u201d in fulfilling the promise made in Parliament and also in the BJP\u2019s 2014 poll manifesto.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">He was speaking at the fifth meeting of the Governing Council of Niti Aayog chaired by the prime minister. Expressing concern over the state\u2019s rising debt-burden and a drastic fall in job creation, Reddy said: \u201cThe SCS (special category status) has become the essential lifeline for my state. Such being the reality it is disheartening when we hear several <\/span><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">rumours and excuses for not granting special category status.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">On the excuse that the state cannot be given the special status owing to the 14th Finance Commission, the chief minister said Abhijit Sen\u2019s (a member of 14th Finance Commission) letter explicitly states that the Commission did not recommend the abolition of the SCS.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">He further said that the Union Cabinet on March 2, 2014, had also resolved to accord the SCS to Andhra Pradesh and instructed the then Planning Commission to take expeditious action to implement the decision. \u201cHowever, due to lack of persuasion by the previous state government, the file remained without any action in the Planning Commission until its abolition on January 1, 2015, when NITI Aayog came into existence. Hence, it is crystal clear that there are no impediments whatsoever to conferring SCS on Andhra Pradesh,\u201d he alleged.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">On another excuse or argument that few other states may demand the SCS if given to Andhra Pradesh, Reddy said, \u201cThis is also the first time that the state demanding bifurcation took away the capital city that contributed significant revenues, while the residuary state was denied the capital city.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">\u201cHow is it fair that Parliament is justified to have the capacity to bifurcate the state against the majority wishes and yet again does not have the capacity to honour the very word given as precondition to bifurcation,\u201d he said.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">In the meeting, Reddy also alleged that \u201cmis-governance and institutionalised corruption\u201d of the Telugu Desam Party (TDP)-led government in the last five years have left the state with empty coffers, high unemployment, lack of investment in infrastructure and industry, a sharp deterioration of public education and health system.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">Reddy said, \u201cGiven this disheartening scenario, I wish to emphasize that grant of SCS is an essential imperative to compensate the state for the economic and financial deprivation and help launch it on the path of development trajectory.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">The grant of SCS would mean higher grants-in-aid and special industrial incentives such as Income Tax exemption, other concessions and exemptions pertaining to GST, he said.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">Stating that erstwhile Andhra Pradesh was bifurcated in \u201cunjust and inequitable manner\u201d, the chief minister said the bifurcated Andhra Pradesh inherited nearly 59 per cent of the population, debt, and liabilities of the erstwhile Andhra Pradesh, but inherited only 47 per cent of the revenues.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">He also informed that Andhra Pradesh\u2019 debt, which stood at 97,000 crore at the time of bifurcation in 2014, has reached a whopping 2,58,928 crore in these five years by 2018-19.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">The interest on the debt alone is projected to be over 20,000 crore per annum, in addition to the repayment of principal to the tune of another 20,000 crore, he said. Further, there are huge contingent liabilities in the form of guarantees given for loans availed by the state government entities. On the other hand, employment generating potential has also dropped drastically, he added.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">The special category status has been one of the primary demands of political parties in Andhra Pradesh since its bifurcation in 2014. The TDP-led by N Chandrababu Naidu, walked out of the <\/span><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">National Democratic Alliance last year after the Modi government did not <\/span><br \/>\n<span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">accord the status to the state. In July, the TDP moved a no-confidence motion against the Modi government, which the government won after a 12-hour debate.<\/span><\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">Assam calamities<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">Assam Chief Minister Sarbananda <\/span><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">Sonowal sought enhanced assistance to the people affected by natural calamities like floods, which hit the state every year. Addressing the 5th governing council meeting of the NITI Aayog here, he raised key issues pertinent to the state\u2019s development and underlined the future roadmap for state and central government\u2019s partnership.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">He stressed on the need for effective management of flood and erosion problems afflicting a large part of Assam every year, a state government release said.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">Sonowal pointed out that the norms of relief and rehabilitation provided to the flood-affected people according to Disaster Relief Fund guidelines are low and sought its increase substantially. He also vouched for NITI Aayog\u2019s intervention to include river erosion in the admissible list of calamities for funding under National Disaster Relief Fund or State Disaster Relief Fund so that quick and timely steps can be taken to counter erosion.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">Thanking Modi for setting up a high-level committee for proper management of water resources in the Northeastern region under the chairmanship Vice-Chairman of NITI Aayog, Sonowal said suggestions made in the draft report of the committee would go a long way in finding a permanent solution to the problems of flood and erosion in Assam.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">The chief minister also informed that the state government had made remarkable progress in addressing the needs of the seven selected districts of the state and an amount of 28 crore had been kept in state budget of current financial year for taking up new activities in those districts.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">He said in order to achieve Prime Minister Modi\u2019s target of doubling the farmers\u2019 income by 2022 in the state, satisfactory results were showed by the \u2018Chief Minister\u2019s Samagra Gramya <\/span><br \/>\n<span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">Unnayan Yojana\u2019 that was launched by the state government in 2017.<\/span><\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">letters@tehelka.com<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The goal of making India a $5 trillion economy by 2024 is \u201cchallenging, but achievable\u201d with the concerted efforts of states, Prime Minister Narendra Modi said at the fifth meeting of NITI Aayog\u2019s Governing Council. The meeting was attended by all chief ministers, except Mamata Banerjee (West Bengal) and K Chandrashekhar Rao (Telangana), and senior [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":313513,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[23,2205],"tags":[316,2407],"_links":{"self":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/313588"}],"collection":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/comments?post=313588"}],"version-history":[{"count":1,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/313588\/revisions"}],"predecessor-version":[{"id":313602,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/313588\/revisions\/313602"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media\/313513"}],"wp:attachment":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media?parent=313588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/categories?post=313588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/tags?post=313588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}