COVER
STORY
niti aayog mg devasahayam
The task
is cut out for the new avatar of the now disbanded Planning Commission
At The
Economic Times’ Global Business Summit in mid-January, Prime
Minister Narendra Modi laid out his Transformation Agenda in no uncertain
terms. After presenting a poser—“India is a $2-trillion economy today. Can we
not dream of an India with a $20-trillion economy?”—he unveiled his ‘doctrine
of development’ in lucid terms: “The government must nurture an ecosystem where
the economy is primed for growth; and growth promotes all-round development.
Where development is employment-generating; and employment is enabled by
skills. Where skills are synced with production; and production is benchmarked
to quality. Where quality meets global standards; and meeting global standards
drives prosperity. Most importantly, this prosperity is for the welfare of
all.” With such seamless segueing, India will be transformed from a
poor/low-income to a high-income/rich nation and poverty will stand eliminated.
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