Politics
PM Modi ‘Amrit Kaal’ Growth Strategy: 6 Key Focus Areas from the Economic Survey
PM Modi ‘Amrit Kaal’ Growth Strategy: 6 Key Focus Areas from the Economic Survey
PM Modi declared before to the start of the Parliamentary session, “It is a matter of pride that a government has come to power for the third time in 60 years and will present the maiden Budget for the third time…My aim is to fulfill the promises that I have been making to the citizens of this country. For Amrit Kaal, this budget holds great significance. The budget of today will determine our course for the next five years of government. This budget will also serve as a solid base for our “Viksit Bharat” dream.
According to the Economic Survey, the following six areas would require attention in order to support the economic push: Increasing Private Sector Investment is Important: The poll pointed out that a key strategy for promoting economic growth is to increase private sector investment. Expanding MSMEs: According to the Economic Survey, a strategic priority is to prioritize the development and expansion of India’s Micro, Small, and Medium-Sized Enterprises.
Agricultural Growth Engine: The Economic Survey stated that the government wants to eliminate current policy barriers in order to concentrate more and more on agriculture as a key engine of growth. Green Transition Financing: The statement stated that sustainable development and environmental conservation depend on securing funding for India’s green transition. Closing the Knowledge-Employment Gap: The Survey stated that it is critical to address the knowledge-employment gap.
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Building State Capacity and Capability: According to the text, enhancing state institutions’ ability to carry out policies and spur growth would also be a key component.Two of the six main areas for growth in Amrit Kaal, according to the Economic Survey, are “education-employment” and agriculture.