BUSINESS

Niti Aayog’s action agenda has great potential: Jaitley

Arun Jaitley

Arun Jaitley  

Niti Aayog’s three-year action agenda has the potential to trigger much more economic activity and development in the country than we have today, Finance Minister Arun Jaitley said on Thursday.

“This publication (three year action agenda) really has the potential for becoming, for those in governance, a good textbook. If those in Centre or States keep in on their table and every time, they have some doubt as to what next step is to be taken, they glance through pages of this…they can find some unfinished agenda,” the Minister said, adding this document will be very useful in the economic planning.

The government think tank, in its first three-year action agenda (2017-18 to 2019-20), which talks about reforms in the judiciary and social sectors, among other things, has said that “there are good prospects that we will return to the 8% plus growth trajectory in another two to three years if not sooner.

Poverty rate

Therefore, the chances of a massive cut in poverty rate in the upcoming decade are excellent.” In its expenditure proposals for three years based on revenue forecasts, Niti Aayog recommended a massive increase in outlays on healthcare, defence and railways and road sectors.

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