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This is an archive article published on July 27, 2024

‘India needs to make policies conducive for international investments’, says PM Modi at NITI Aayog meet

PM Modi chaired the NITI Aayog's Governing Council meeting in New Delhi, led discussions on approach paper Viksit Bharat @2047 vision document.

modi at niti aayog meetPM Modi further said this decade is of technological and geo-political changes, and also of opportunities. (PTI Photo)

Prime Minister Narendra Modi, who chaired the NITI Aayog’s governing council meeting in New Delhi on Saturday, said India needs to make its policies “conducive for international investments”.

“This decade is of changes, technological and geo-political, and also of opportunities. India should grab these opportunities and make our policies conducive for international investments. This is the stepping stone for progress to make India a developed nation,” Modi said, as quoted by NITI Aayog in a post on X.

PM Modi led discussions on the approach paper for the vision document for Viksit Bharat @2047, which aims to transform India into a $30 trillion economy by 2047.

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The ninth meeting of the governing council, being held at the Rashtrapati Bhavan Cultural Centre, brought together chief ministers, Lieutenant Governors, Union Ministers, and NITI Aayog officials.

Chhattisgarh Chief Minister Vishnu Deo Sai presented a development blueprint for the state, focusing on priority areas such as education, human resource development, health, and technological advancement.

Emphasising the role of youth in the growth of the state, he said that their main focus would be to link education to vocational skills, and training with an aim to prepare students for employment.

Uttarakhand CM Pushkar Singh Dhami focused on the drinking water crisis affecting the state, particularly during the summer, and asked the central government for special financial assistance to set up a Spring and River Rejuvenation Authority in Uttarakhand, which will focus on water conservation, reviving water sources, and linking snow-fed rivers with rain-fed ones.

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Dhami also stressed the importance of promoting entrepreneurship in rural areas, reporting that the state had started two rural incubation centres and 110 growth centres as pilot projects. He sought technical and financial support from the central government to help expand the scheme further.

Odisha CM Mohan Charan Majhi suggested making use of Odisha’s 480 km long coastline to develop more ports in the state, seeking support for setting up large-scale industrial zones in areas around Dhamra and Gopalpur ports and developing greenfield ones at Astaranga, Palur, Bahuda, and Subarnarekha.

The state also sought dedicated budget allocations and quick clearances from the Union Government for various infrastructure projects, industrial parks, corridors, electricity grids, railway infrastructure and enhanced air connectivity, and asked for more rail networks in Odisha.

Gujarat CM Bhupendra Patel announced setting up of a think tank — the Gujarat State Institution for Transformation (GRIT) — to help the state chart its roadmap for the ‘Viksit Bharat @ 2047’ mission.

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Making a presentation at the meeting, Patel said the road map would be built on two “pillars” of “earning well and living well”, aiming to “enhance people’s quality of life and bring economic prosperity”.

According to a government statement, the CM said at the meeting that Gujarat, despite representing only 5 percent of the country’s population, contributed 8.3 percent to the country’s GDP in 2022-23. He said the state would be “remain committed to the advancement of the garib (poor), yuva (youth), annadata (farmers), and naari (women)”.

Aggam Walia is a Correspondent at The Indian Express, reporting on power, renewables, and mining. His work unpacks intricate ties between corporations, government, and policy, often relying on documents sourced via the RTI Act. Off the beat, he enjoys running through Delhi's parks and forests, walking to places, and cooking pasta. ... Read More

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