Saturday, July 9, 2016

NITI Aayog is now working on a 15 year vision

Vice Chairman of NITI Aayog hri Arvind Panagariya, Economisthas said that NITI Aayog is now working on a15 year vision plan. Delivering a lecture on the state of Indian economy after two years of Modi government organized by University of Rajasthan in Jaipur today, he said that government has done a lot to achieve its development agenda. He said that NITI Aayog is presently working on identifying PSUs and companies for disinvestment. Advocating the foreign direct investment, he said that it is for the first time that government has opened the door for 100 per cent FDI in defence, insurance and food processing sectors. Emphasizing on reform in the labor laws, Prof. Panagariya, said that Central government has taken a lead in allowing the state governments to amend the concurrent labor laws. Four states including Rajasthan,have already amended these laws.

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