how would be the 13 five year plan in India
Answers
Five Year Plan implemented by Nehru Govt for bringing a social and economic development in country put to end by Modi Led Govt with the introduction of Niti Aayog (National Institution for Transforming India ) which replaced Planning Commission.
Last Five Year plan ended on 31 March 2017 which was extended six months for enabling ministries to complete their appraisals.
The new plan which is a vision document is accompanied by shorter sub-plans – a seven-year strategy for 2017-24, and a three-year 'Action Agenda' from 2017-18 to 2019-20. No less than 300 specific action points covering a wide range of sectors have been drawn up as part of the 15-year vision.The three-year agenda is further divided into seven parts, with a number of specific action points for each part to boost economic growth. The key points from this document are as follows:
Reducing fiscal deficit to 3% by 2018-19 and revenue deficit to 0.9% of the GDP by 2019-20.
To double farmers’ income by several means including reform in APMCs; raising productivity through enhanced irrigation; faster seed replacement rates; recision agriculture; and a shift to high value commodities, horticulture, animal husbandry, fisheries etc.
To moot the idea of Coastal Employment Zones to boost exports and generate high-productivity. To enhance the labour market flexibility through reforming the key laws.
To addresse the NPAs of banks and supports auction of larger assets to private Asset Reconstruction Companies (ARCs). It also makes pitch to strengthen the SBI led ARC. It has outlines certain action points on specific sectors alsoTo include bringing down the land prices to make housing affordable through increased supply of urban land; flexible conversion of land use; release of land held by sick units; generous Floor Space Index; reform of rent control act on the lines of Model Tenancy Act; promotion of dormitory housing; City transport and waste management.
To have targeted development of North East; Coastal Areas & Islands; North Himalayan states; Desert and Drought prone states; Transport and Digital Connectivity. It also emphasizes on Railway Infrastructure and security; inland waterways; civil aviation etc. Other points included here are ensuring last mile connectivity; E-governance, financial inclusion; simplifying payment structure and improving literacy.
To Facilitate Public-Private Partnership by reorienting the role of the India Infrastructure Finance Company Ltd. (IIFCL); introducing low cost debt instruments and putting National Investment Infrastructure Fund (NIIF) to work.
To emphasizes to adopt consumer friendly measures such as provision of electricity to all households by 2022; LPG connection to all households and elimination of black carbon by 2022; extension of city gas distribution programme to 100 smart cities; reducing cross subsidy in the power sector; reforming the coal sector etc.
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Answer:
Answer♡
Five Year Plan implemented by Nehru Govt for bringing a social and economic development in country put to end by Modi Led Govt with the introduction of Niti Aayog (National Institution for Transforming India ) which replaced Planning Commission.
- Last Five Year plan ended on 31 March 2017 which was extended six months for enabling ministries to complete their appraisals.
- The new plan which is a vision document is accompanied by shorter sub-plans – a seven-year strategy for 2017-24, and a three-year 'Action Agenda' from 2017-18 to 2019-20. No less than 300 specific action points covering a wide range of sectors have been drawn up as part of the 15-year vision.The three-year agenda is further divided into seven parts, with a number of specific action points for each part to boost economic growth. The key points from this document are as follows: