Cooperative federalism & healthy competition can bring development among states, says Modi
Updated: Feb 06, 2015 05:27:14pm
New Delhi, Feb 6 (KNN) Prime Minister Narendra Modi today said there is a need for cooperative federalism and favoured healthy competition to bring development among the states.
In his address at the interaction session with eminent economists at NITI Aayog, Modi said NITI Aayog is to establish a dynamic institutional mechanism where eminent individuals outside the government system could contribute to policy making.
He said India must develop fast, taking advantage of current global environment, to meet the aspirations of the people.
Stressing on the government`s recent initiatives, including the Pradhan Mantri Jan Dhan Yojana, direct cash transfer of LPG subsidy, and Swachh Bharat, the prime minister said he looked forward to the interaction and suggestions from economists.
Finance Minister Arun Jaitley and the Vice Chairman of NITI Aayog Arvind Panagariya also made brief opening remarks.
Economists including Vijay Kelkar, Nitin Desai, Bimal Jalan, Rajiv Lall, R Vaidyanathan, Subir Gokarn, Parthasarathi Shome, P Balakrishnan, Rajiv Kumar, Ashok Gulati, Mukesh Butani and GN Bajpai were present at the interaction session.
They emphasized on the need for the government to work towards high growth, predictable tax regime, fiscal prudence and rapid infrastructure development. A large number of other suggestions were also made on various sectors of the economy.
Members and CEO, NITI Aayog, Bibek Debroy and VK Saraswat, Cabinet Secretary, secretaries of Ministry of Finance, Chief Economic Adviser and other senior officers of the PMO and NITI Aayog were also present. (KNN/ST)
In his address at the interaction session with eminent economists at NITI Aayog, Modi said NITI Aayog is to establish a dynamic institutional mechanism where eminent individuals outside the government system could contribute to policy making.
He said India must develop fast, taking advantage of current global environment, to meet the aspirations of the people.
Stressing on the government`s recent initiatives, including the Pradhan Mantri Jan Dhan Yojana, direct cash transfer of LPG subsidy, and Swachh Bharat, the prime minister said he looked forward to the interaction and suggestions from economists.
Finance Minister Arun Jaitley and the Vice Chairman of NITI Aayog Arvind Panagariya also made brief opening remarks.
Economists including Vijay Kelkar, Nitin Desai, Bimal Jalan, Rajiv Lall, R Vaidyanathan, Subir Gokarn, Parthasarathi Shome, P Balakrishnan, Rajiv Kumar, Ashok Gulati, Mukesh Butani and GN Bajpai were present at the interaction session.
They emphasized on the need for the government to work towards high growth, predictable tax regime, fiscal prudence and rapid infrastructure development. A large number of other suggestions were also made on various sectors of the economy.
Members and CEO, NITI Aayog, Bibek Debroy and VK Saraswat, Cabinet Secretary, secretaries of Ministry of Finance, Chief Economic Adviser and other senior officers of the PMO and NITI Aayog were also present. (KNN/ST)
Loading...
