[CA] NITI Aayog Sets Target of 8% Growth over Next Five Years

NITI Aayog, the government’s think tank, has pitched for an average 8% growth over the next five years to lift India to a $4-trillion economy in its 75th year of independence, proposing a strategy for a New India by 2022.

A document unveiled by finance minister Mr. Arun Jaitley and NITI Aayog vice-chairman Mr. Rajiv Kumar detailed 41 key areas, recognising progress made and identifying constraints on the path to achieve these goals. It broke down the 41 sectors into four broad categories: drivers, infrastructure, inclusion and governance.