NITI Aayog's Interactive Session on Economic Policy

Union Budget

NITI Aayog Vice Chairman Rajiv Kumar on Wednesday said the government will now focus on raising the incomes of farmers.

After the presentations, PM Modi assured the experts that the government will "attempt to make the best out of their informative suggestions and views which were presented in new ways through this initiative".

Another expert pointed out that more than 20 percent educated youth were unemployed.

"The suggestions from experts included those for the forthcoming budget as well as for longer term structural reforms", said Kumar. And the numbers are startling and not as disappointing as showed by the Labour bureau, he said.

Ahead of the Union Budget, Modi brainstormed with economists and experts on the state of the economy as the government looks to revive growth which is estimated to hit a four-year low.

The Budget will be presented on February 1.


Finance Minister Arun Jaitley thanked the participants for their thought-provoking suggestions.

The meeting was organized by NITI Aayog, on the theme "Economic Policy - The Road Ahead".

The key sectors for discussion included macro-economy, agriculture and rural development, employment, health and education, manufacturing and exports. This can be brought about by improving productivity, lowering costs, greater efficiency, giving much greater market access to farmers, making them producers of products rather than commodities. It also discussed the issue of long term capital gains tax but no details were available.

The bill seeks to replace the Medical Council of India and also proposes allowing practitioners of alternative medicines, such as homoeopathy and ayurveda, practise allopathy after completing a "bridge course".

Earlier last week, the Central Statistics Office (CSO) released the first advance estimate that indicated a low 6.5 per cent growth figure mainly due to slowed performance of manufacturing and agriculture.

Related News:



Most liked

Nitish Kumar's convoy attacked in Buxar
The villagers wanted the CM to visit the Dalit basti of the village which, reportedly, the security of the CM did not allow. Reports claimed that many villagers were anguished after the proposed seven development works did take place in the area.

Kinder Morgan (KMI) Coverage Initiated at Bank of America
Alternatively, you can use the Price-to-Earnings ratio (P/E) to compare against others and to gauge growth potential. The stock has a market capitalization of $42,160.00, a P/E ratio of 33.71, a P/E/G ratio of 1.36 and a beta of 0.62.

Tiaa Fsb Increases Position in McDonald's Co. (MCD)
The average Wall Street analyst rating for McDonald's Corporation is Strong Buy, according to the average of 26 analyst scores. It dropped, as 48 investors sold MCD shares while 638 reduced holdings. 127 funds opened positions while 657 raised stakes.

Kentucky point guard Quade Green ruled out for Texas A&M game
Kentucky had several good stretches of zone defense, especially late in the game . 28-27 - UK's rebounding advantage on the night. He followed up his impressive game at Tennessee with 16 points, four rebounds, three assists and two steals against the Aggies .

Cosmic dust, not 'alien megastructure', veils star
Variable star KIC 8462852, also known as Tabby's Star and Boyajian's Star, is located more than 1,000 light years from Earth. This isn't the first time researchers have put forward the idea that dust is responsible for the dimming of Tabby's Star.

Download and Install 3.16.617.2 Android Oreo Update on Unlocked HTC 10
Just to jog your memory, the device has a 5.2-inch Quad HD display that boasts a screen resolution of 2560 x 1440 pixels. Together they allow you to add DSLR-like bokeh effects to your selfies, and also click photos with 2X lossless zoom.

Sony's 2018 4K TVs are adding Dolby Vision to their OLED formula
Except ours, of course, as we had a chance to treat our eyes to the concepts LG Display brought to CES 2018 . As OLEDs are self-emissive and therefore less affected by aperture ratio, they are optimal for 8K panels.

Other viewpoints: Congress is failing America's sick children
Todd Wolynn, a Pittsburgh pediatrician, said families are reacting with "fear and disbelief" to CHIP's uncertain future. Families across America had to start 2018 anxious that their kids wouldn't have health care.

Man steals personnel carrier, rams his way into store
The incident occurred in the early morning hours when it is prohibited to sell alcohol, local news outlet HibInform reported . Police said he stole the snow-covered military vehicle from a local military training organisation in Murmansk .

Third Director Folds On GAMBIT Movie
It was reported earlier that the film would begin shooting this March. "We got really lucky", Tatum told Yahoo Movies in July. Tatum still remains on board, and from what we understand, the search for a replacement is already underway.

Unions picket Scarborough Tim Hortons to protest 'petty' employer cuts
And an Ottawa union is starting a hotline for employees in the province to tell their stories about what is happening to them. The same goes for all the franchisee owners all over Ontario, and that's not just Tim Hortons.

'Christmas pot' couple stopped again outside Lincoln
At the court hearing, Barbara Jiron carried a portable oxygen respirator and wore a nose clip attached by a tube to the device. In York County, both were charged with possession of marijuana with the intent to deliver and having no drug tax stamp.

Bonnaroo Announces 2018 Lineup Featuring Eminem, Future, and Paramore
Live Nation's acquired a controlling interest in Bonnaroo from founders AC Entertainment and Superfly in 2015. A staple of the Bonnaroo late-night experience, Kalliope offers nonstop DJs into the early-morning hours.

Scandal & How to Get Away With Murder Crossover in the Works
Though an official airdate has not yet been released, according to reports , the crossover event will air sometime in the spring. It's happening", Rhimes captioned her post, along with the hashtags "TGITCrossover" and "How to Get Away With Scandal ".

Nearly all the Great Barrier Reef sea turtles have turned female
That's exactly what's happening among the turtle populations the researchers observed on Australia's Great Barrier Reef. The temperature for the green turtles is 29.3 degrees Celsius (85 Fahrenheit).