Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Highlights of initiatives under NITI Aayog

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Highlights of initiatives under NITI Aayog - News and Press Release Dated:- 2-6-2017 - News - NITI Ayog, The National Institution for Transforming India, was formed via a resolution of the Union Cabinet on January 1, 2015. NITI Ayog has emerged as the premier policy Think Tank of the Government of India fostering the spirit of cooperative federalism under the dynamic leadership of Prime Minister Shri Narendra Modi. Ever since its inception the institution has taken a series of initiatives aimed at giving a push to the economy and transforming the lives of millions across the country. Following are the highlights of the initiatives taken by NITI Ayog: I. Vision Document, Strategy Action Agenda beyond 12 th Five Year Plan: .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Replacing the Five Year Plans beyond 31 st March, 2017, NITI Aayog is in the process of preparing the 15-year vision document keeping in view the social goals set and/ or proposed for a period of 15 years; A 7-year strategy document spanning 2017-18 to 2023-24 to convert the longer-term vision into implementable policy and action as a part of a National Development Agenda is also being worked upon. The 3-year Action Agenda for 2017-18 to 2019-20, aligned to the predictability of financial resources during the 14 th Finance Commission Award period, has been completed and will be submitted before the Hon ble PM on April 23 rd at the 3 rd Governing Council Meeting II. Reforms in Agriculture: a. Model Land Leasing Law Taki .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ng note of increasing incidents of leasing in and out of land and suboptimal use of land with lesser number of cultivators, NITI Aayog has formulated a Model Agricultural Land Leasing Act, 2016 to both recognize the rights of the tenant and safeguard interest of landowners. A dedicated cell for land reforms was also set up in NITI. Based on the model act, Madhya Pradesh has enacted separate land leasing law and Uttar Pradesh and Uttarakhand have modified their land leasing laws. Some States, including Odisha, Andhra Pradesh and Telangana, are already at an advance stage of formulating legislations to enact their land leasing laws for agriculture. b. Reforms of the Agricultural Produce Marketing Committee Act NITI Aayog consulted wi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... th the States on 21 October 2016 on three critical reforms (i) Agricultural marketing reforms (ii) Felling and transit laws for tree produce grown at private land (iii) Agricultural land leasing Subsequently, Model APMC Act version 2 prepared. States are being consulted to adopt APMC Act version 2. c. Agricultural Marketing and Farmer Friendly Reforms Index NITI Aayog has developed the first ever Agriculture Marketing and Farmer Friendly Reforms Index to sensitise states about the need to undertake reforms in the three key areas of Agriculture Market Reforms, Land Lease Reforms and Forestry on Private Land (Felling and Transit of Trees). The index carries a score with a minimum value 0 implying no refo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rms and maximum value 100 implying complete reforms in the selected areas. As per NITI Aayog s index, Maharashtra ranks highest in implementation of various agricultural reforms. The State has implemented most of the marketing reforms and offers the best environment for undertaking agri-business among all the States and UTs. Gujarat ranks second with a score of 71.50 out of 100, closely followed by Rajasthan and Madhya Pradesh. Almost two third States have not been able to reach even the halfway mark of reforms score, in the year 2016-17. The index aims to induce a healthy competition between States and percolate best practices in implementing farmer-friendly reforms. III. Reforming Medical Education A committee chaired by .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Vice Chairman, NITI Aayog recommended scrapping of the Medical Council of Indi and suggested a new body for regulating medical education. The draft legislation for the proposed National Medical Commission has been submitted to the Government for further necessary action. IV. Digital Payments Movement: a. An action plan on advocacy, awareness and co-ordination of handholding efforts among general public, micro enterprises and other stakeholders was prepared. Appropriate literature in print and multimedia was prepared on the subject for widespread dissemination. Presentations/ interactions were organized by NITI Aayog for training and capacity building of various Ministries/Departments of Government of India, representatives of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... State/UTs, Trade and Industry Bodies as well as all other stakeholders. b. NITI Aayog also constituted a Committee of Chief Ministers on Digital Payments on 30th November 2016 with Hon ble Chief Minister of Andhra Pradesh, Chandrababu Naidu, as the Convener to promote transparency, financial inclusion and a healthy financial ecosystem nationwide. The Committee submitted its interim report to Hon ble Prime Minister in January 2017. c. To incentivize the States/UTs for promotion of digital transactions, Central assistance of ₹ 50 crore would be provided to the districts for undertaking Information, Education and Communication activities to bring 5 crore Jan Dhan accounts to digital platform. d. Cashback and referral bo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nus schemes were launched by Hon'ble Prime Minister on 14.4.2017 to promote the use of digital payments through the BHIM App. e. Niti Aayog also launched two incentive schemes to to promote digital payments across all sections of society - the Lucky Grahak Yojana and the Digi Dhan Vyapar Yojana Over 16 lakh consumers and merchants have won ₹ 256 crore under these two schemes . f. Digi Dhan Melas were also held for 100 days in 100 cities, from December 25th to April 14th. V. Atal Innovation Mission: The Government has set up Atal Innovation Mission (AIM) in NITI Aayog with a view to strengthen the country s innovation and entrepreneurship ecosystem by creating institutions and programs that spur innovation in .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... schools, colleges, and entrepreneurs in general. In 2016-17, the following major schemes were rolled out: a. Atal Tinkering Labs (ATLs): To foster creativity and scientific temper in students, AIM is helping to establish 500 ATLs in schools across India, where students can design and make small prototypes to solve challenges they see around them, using rapid prototyping technologies that have emerged in recent years. b. Atal Incubation Centres (AICs): AIM will provide financial support of ₹ 10 crore and capacity buidling for setting AICs across India, which will help startups expand quicker and enable innovation-entrepreneurship, in core sectors such as manufacturing, transport, energy, education, agriculture, water an .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d sanitation, etc. VI. Indices Measuring States Performance in Health, Education and Water Management: As part of the Prime Minister s Focus on outcomes, NITI has come out with indices to measure incremental annual outcomes in critical social sectors like health, education and water with a view to nudge the states into competing with each other for better outcomes, while at the same time sharing best practices innovations to help each other - an example of competitive and cooperative federalism.. VII. Sub-Group of Chief Ministers on Rationalization of Centrally Sponsored Schemes: Based on the recommendations of this Sub-Group, a Cabinet note was prepared by NITI Aayog which was approved by the Cabinet on 3 rd August, 2016 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... . Among several key decision, the sub-group led to the rationalization of the existing CSSs into 28 umbrella schemes. VIII. Sub-Group of Chief Ministers on Swachh Bharat Abhiyan: Constituted by NITI Aayog on 9 th March, 2015, the Sub-Group has submitted its report to the Hon ble Prime Minister in October, 2015 and most of its recommendations have been accepted. IX. Sub-Group of Chief Ministers on Skill Development: Constituted on 9 th March, 2015, the report of the Sub-Group of Chief Ministers on Skill Development was presented before the Hon ble Prime Minister on 31/12/2015. The recommendation and actionable points emerging from the Report were approved by the Hon ble Prime Minister and are in implementation by the Ministry .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of Skill Development X. Task Force on Elimination of Poverty in India: Constituted on 16 th March, 2015 under the Chairmanship of Dr. Arvind Panagariya, Vice Chairman, NITI Aayog, the report of the Task Force was finalized and submitted to Hon ble Prime Minister on 11 th July, 2016. The report of the Task Force primarily focusses on issues of measurement of poverty and strategies to combat poverty. Regarding estimation of poverty, the report of the Task Force states that a consensus in favour of either the Tendulkar or a higher poverty line did not emerge. Therefore, the Task Force has concluded that the matter be considered in greater depth by the country s top experts on poverty before a final decision is made. Accordingly, i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t is recommended that an expert committee be set up to arrive at an informed decision on the level at which the poverty line should be set. With respect to strategies to combat poverty, the Task Force has made recommendations on faster poverty reduction through employment intensive sustained rapid growth and effective implementation of anti-poverty programs. XI. Task Force on Agriculture Development: The Task Force on Agricultural development was constituted on 16th March, 2015 under the Chairmanship of Dr. Arvind Panagariya, Vice Chairman, NITI Aayog. The Task Force based on its works prepared an occasional paper entitled Raising Agricultural Productivity and Making Farming Remunerative for Farmers focusing on 5 critical areas o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... f Indian Agriculture. These are (i) Raising Productivity, (ii) Remunerative Prices to Farmers, (iii) Land Leasing, Land Records Land Titles; (iv) Second Green Revolution-Focus on Eastern States; and (v) Responding to Farmers Distress. After taking inputs of all the States on occasional paper and through their reports, the Task Force submitted the final report to Prime Minister on 31st May, 2016. It has suggested important policy measures to bring in reforms in agriculture for the welfare of the farmers as well as enhancing their income. XII. Transforming India Lecture Series: As the government s premier think-tank, NITI Aayog views knowledge building transfer as the enabler of real transformation in States. To build knowle .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... dge systems for States and the Centre, NITI Aayog launched the NITI Lectures: Transforming India series, with full support of the Prime Minister on 26 th August 2016. The lecture series is aimed at addressing the top policy making team of the Government of India, including members of the cabinet and several top layers of the bureaucracy. It aims is to bring cutting edge ideas in development policy to Indian policy makers and public, so as to promote the cause of transformation of India into a prosperous modern economy. The Hon ble Deputy Prime Minister of Singapore, Shri Tharman Shanmugaratnam, delivered the first lecture on the topic: India and the Global Economy. On November 16 th , 2016, Bill Gates, Co-Founder, Bill and Melinda Gates .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Foundation, delivered the second lecture in the series under the theme: 'Technology and Transformation'. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates