PM Modi sets goal of making India 5 trillion dollar economy by 2024

Prime Minister Narendra Modi delivered the opening remarks at the fifth meeting of the Governing Council of NITI Aayog. He reiterated that NITI Aayog has a key role to play in fulfilling the mantra of SabkaSaath, SabkaVikas, SabkaVishwas. Recalling the recent General Elections as the world’s largest democratic exercise, the Prime Minister said that it is now time for everyone to work for the development of India.

The Prime Minister said that everyone at this platform has a common goal of achieving a New India by 2022. Prime Minister Narendra Modi said that the goal to make India a 5 trillion dollar economy by 2024, is challenging, but can surely be achieved. States should recognise their core competence, and work towards raising GDP targets right from the district level. He said there is immense untapped export potential in several States, including the North Eastern States.

A thrust on export promotion at the State level will provide a boost to both income and employment.  Describing water as an important element for life, the Prime Minister said that the poor bear the brunt of insufficient water conservation efforts. He said that the newly created Jal Shakti Ministry will help provide an integrated approach to water. He urged States to also integrate their efforts towards water conservation and management. PM said that the aim is to provide piped water to every rural home by 2024. \

The Prime Minister called for effective steps to tackle drought. He said that the spirit of per-drop, more-crop needs to be promoted.

Reiterating the Union Government’s commitment to double incomes of farmers by 2022, PM said there is need for structural reform in agriculture, the Prime Minister spoke of the need to boost corporate investment, strengthen logistics, and provide ample market support. 

Turning to aspirational districts, the Prime Minister said that the focus should be on good governance. He said improvement in governance has led to remarkable progress in several aspirational districts.

Many aspirational districts are affected by Naxal violence. He said the battle against Naxal violence is now in a decisive phase. He said violence will be dealt with firmly, even as development proceeds in a fast-paced and balanced manner. 

On the health sector, the Prime Minister said that several targets have to kept in mind, to be achieved by 2022. He also mentioned the target of eliminating TB by 2025. The Prime Minister urged those States who have not implemented PMJAY under Ayushman Bharat, so far, to come onboard this scheme at the earliest. 

The Prime Minister said that we are now moving towards a governance system characterized by Performance, Transparency and Delivery. He said proper implementation of schemes and decisions is vital.

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