Fact Box: Three Year Action Agenda of NITI Aayog

Aug 25, 2017, 13:04 IST

It proposes linking central government expenditure to future priorities, shifting additional allocations to high-priority sectors which are more likely to promote development.

Union Finance Minister Arun Jaitley on 24 August 2017 launched NITI Aayog's Three Year Action Agenda 2017-18 to 2019-20.

The Action Agenda is an integral part of the 15-year Vision Document of India being drafted by the NITI Aayog.

CA eBook

• It proposes linking central government expenditure to future priorities, shifting additional allocations to high-priority sectors which are more likely to promote development.
• It suggests ways to facilitate urbanisation in the country and deal with key challenges like affordable housing, infrastructure development, public transport and Swachh Bharat.
• It suggests host of actions to eliminate corruption and black money, and increase tax base besides recommending reforms in civil services and electoral process.
• On the social sector, it talked of changes in segments like education, skill development, health and issues facing specific groups, such as scheduled castes, scheduled tribes and women.
• It also calls for strengthening and streamlining regulatory structure governing sustainability of environment.
• It talks about crucial macroeconomic policy recommendations pertaining to tax policy, fiscal deficit, farmer income, gold and the problem of banks' Non-Performing Assets.
• It calls for reducing import duty on gold as it will help reduce the volume of the yellow metal smuggled into the country.
• The share of non-developmental revenue expenditure in total expenditure is expected to decline from 47 per cent in 2015-16 to 41 per cent in 2019-20.
• On direct taxes, the nominal tax exemption threshold should remain unchanged to include greater proportion of individuals in the tax net over time.
• Government should attempt to arrest tax evasion when non-agriculture income is declared as agriculture income.
• It recognises underemployment as a serious problem for India.
• Noting that air pollution has reached the crisis level in Northern India, Niti Aayog has recommended a slew of measures like imposing higher taxes on petrol to curb it.
• It also suggested making public transportation faster and more comfortable to discourage the use of private vehicles.
• It identified coal power plants, brick kilns, vehicles, cooking and heating fires which burn biomass, rubbish burning and burning of crop residue as the major sources of air pollution.
• It calls for measures like conversion of vehicles from petrol and diesel to CNG, a shift to electric vehicles, higher parking fees with park and ride facilities and enforcing traffic laws.
• It also recommends actions like finding alternatives to crop residue burning, reducing pollution from cooking fires and installing flu gas de-sulpherizers on all coal power plants.

 

Rupali Pruthi is an academic content writer with over 6 years of experience. She is a Masters in English Literature and has previously worked with an NGO and an IT company. At jagranjosh.com, she creates digital content for Current Affairs and various Govt Exams. She can be reached at rupali.pruthi@jagrannewmedia.com
... Read More
Get here latest daily, weekly and monthly Current Affairs and GK in English and Hindi for UPSC, SSC, Banking, Railway, Defence and exams. Download Jagran Josh Current Affairs App.

Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

AndroidIOS

Trending

Latest Education News