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NITI Aayog to soon come out with development agenda for 'New India 2022'

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....ITI Aayog to soon come out with development agenda for 'New India 2022' <br>News and Press Release<br>Dated:- 30-4-2018<br><BR>New Delhi, Apr 30 (PTI) NITI Aayog will soon come out with a development agenda for &#39;New India 2022&#39;, which will spell out strategy for expediting economic growth, its vice chairman Rajiv Kumar said today. Kumar further said NITI Aayog will start working on a 15-y....

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....ear vision document after finalising the development agenda document for &#39;New India 2022&#39;. &quot;The NITI Aayog is committed to bringing out a vision document and a strategy framework as originally mandated. The work on the strategy document is on advanced stage and will most likely be titled Development Agenda document for New India 2022. &quot;And once this document has been completed ....

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....and put in public domain, the work on preparing 15-year vision till 2030 will start,&quot; he told PTI in an interview. NITI Aayog had earlier planned to come out with three documents -- 3-year action agenda, 7-year medium-term strategy paper and 15-year vision document. The think-tank, in a presentation last year, had said the foundation for freedom from six problems -- poverty, dirt, corruptio....

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....n, terrorism, casteism and communalism -- will be laid by 2022 when India celebrates 75 years of independence. Replying to a query on disinvestment of public sector units (PSUs), Kumar said, &quot;There is now an effort to try and unlock the potential value of equity in some profit-making PSUs by taking steps to improve their performance and then monetise part of their equity so that the governme....

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....nt could benefit. &quot;This process is intended both to improve performance of these PSUs through greater public accountability and generate maximum revenues for the government,&quot; Kumar said. The Prime Minister&#39;s Office (PMO) had earlier asked the think-tank to look into the viability of disinvestment of state-run companies and the Aayog has already recommended strategic divestment of 4....

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....0 sick PSUs. The government expects to raise &#8377; 80,000 crore PSU disinvestment in the current fiscal. Referring to the recent banking frauds, including over &#8377; 13,000-crore Punjab National Bank (PNB) scam, Kumar suggested that the P J Nayak Committee on corporate governance in public sector banks, which recommended some measures for improving governance in PSBs, should be looked at. &q....

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....uot;And this includes establishment of holding company of the banks. Running straight to the privatisation of PSBs, I think is a knee-jerk reaction and needs far more analysis,&quot; Kumar noted. Kumar also made strong pitch for simultaneous elections across the country saying it will permit better economic decision-making as it will release pressure on decision-making which is brought about by c....

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....onstant elections. &quot;The very important reason for simultaneous elections is that continuous elections may lead to lower voter turnout and this will erode credibility of whole electoral and democratic process,&quot; he asserted. President Ram Nath Kovind and Prime Minister Narendra Modi have also strongly pitched for simultaneous elections to Parliament and the state assemblies. Kumar also ....

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....emphasised that there should be no confusion about government&#39;s electric mobility policy. The NITI Aayog has been mandated to build a framework and co-ordinate with other relevant ministries and departments to ensure that necessary steps are taken to accelerate the electric mobility program in India, he observed.<BR> News - Press release - PIB....