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Updated on: Feb 15th, 2024
6 min read
NITI Aayog released the ‘Strategy for New India@75’ document on 19 December 2018, intending to make the country a USD 4-trillion economy by 2022-23, accelerate economic growth to 9-10% and achieve UN sustainable development goals. The strategy for the New India@75 document defines the strategy for 2022-23 across 41 areas.
The focus of the strategy for the New India@75 document is to improve the policy environment in which the private investors and other stakeholders can contribute to their maximum towards propelling India towards a USD 5-trillion economy by 2030 by achieving the goals set out for New India 2022.
The strategy for New India@75 document put together by NITI Aayog attempts to bring innovation, enterprise, technology and efficient management together, at the core of policy implementation and formulation. The private sector, citizens and civil society will also be encouraged to draw up their own strategies to supplement and complement the steps outlined in the strategy document.
The 41 chapters in the Strategy for New India@75 document have been segregated into four sections:
The first section of the document on drivers focuses on the engines of economic performance with chapters on doubling farmers’ incomes, growth and employment, upgrading the technology, science and innovation ecosystem, and promoting sunrise sectors like tourism and fintech.
A few key recommendations in the drivers’ section of the document include:
The second section of the document on infrastructure deals with the physical foundations of growth that are crucial to improving the competitiveness of Indian business, ensuring the citizens’ ease of living.
A few key recommendations in the infrastructure section of the document include:
The third section of the document on inclusion deals with investing in the capabilities of India’s citizens. The themes in this section revolve around the dimensions of education, health, and mainstreaming of traditionally marginalised sections of the population.
A few key recommendations in the inclusion section of the document include:
The final section of the document on governance delves deep into how the governance structures can be streamlined and optimised processes for achieving better developmental outcomes.
A few key recommendations in the governance section of the document include:
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