‘MSME growth’ one of the key agenda for NITI Aayog meet on May 27

New Delhi, May 17 (KNN) The eight meeting of the Governing Council of Niti Aayog will be held on May 27 to discuss with ministers a range of issues including growth and jobs, reported FE. 

Prime Minister Narendra Modi will chair the meet and the some of the board themes are crop diversification, MSME sector growth, education, agriculture and urban governance.

The Centre would be broadly highlighting the government’s mission of making India a developed nation by 2047, the 100th year of Independence.

Opposition-ruled states are likely to present their views on the Centre-state relations, and issues with regard to central schemes.

Chief Ministers will also place their demands to the central government. 

India’s aim of achieving a USD 5 trillion economy by FY26 or thereabout from USD 3.5 trillion in FY23, requires a compound annual growth rate (CAGR) of a little over 10 per cent, an average trend growth rate seen in the last decade.

Five states — Maharashtra, Tamil Nadu, Karnataka, Uttar Pradesh and Gujarat – that constitute approximately 40 per cent of the country’s nominal GDP would play a key role in this national goal’s achievement.  (KNN Bureau)