ET gathers that the Prime Minister’s Office and the cupboard secretary final month assigned the ten Sectoral Group of Secretaries (SGoS) with drawing up a highway map for the plan and rounds of conferences have been held throughout ministries on the identical.
The intention is to finalise the 2047 plan by May this yr, ET has learnt.
The teams are anticipated to contain people and institutional consultants, from each inside and out of doors the federal government, to attract up the template.
The Centre additionally needs to start out immediately on the 25-year targets. It has requested the SGoS to determine targets achievable inside this decade and to set out particular timelines and milestones for the identical as these will act as ‘foundations for future progress’.
The key areas recognized to date embody agriculture, commerce & business, infrastructure and concrete panorama, safety & defence, expertise and governance.
The first set of strategies on the desk is : Freeing up India’s defence acquisitions from international reliance and a highway map for ‘India’s place on this planet in 2047’.
On the business facet, restructuring and merger of public sector banks and creation of three or 4 massive banks is being checked out.
Similarly, creating 3 or 4 international champions in every sector, together with oil and gasoline sector by merger or restructuring of corporations, creating semi-conductor complexes and making India a hub and chief in inexperienced expertise and skilling are concepts beneath dialogue, ET gathers.
To impact the identical, a governance overhaul is required which is able to contain ‘re-engineering authorities processes’, bringing institutional experience in authorities moreover ‘eliminating pointless interference by the federal government within the lives of residents’.
On the social sector facet, it’s proposed that India aggressively associate with international R&D organisations to construct up prime 10 labs within the nation, develop India right into a talent capital and produce at the very least 10 Indian establishments among the many prime 100 on this planet.
A ‘new age agriculture’ plan proposes micro irrigation and natural farming, a flagship scheme for hilly areas, positioning India as a prime exporter in recognized streams.
Development of city infrastructure and ‘future prepared’ city areas is a serious space of focus alongside guaranteeing entry to better of amenities in rural areas as nicely. Niti Aayog is learnt to have identified in conferences that India has to take action alongside with decarbonisation to be prepared for the brand new period.
The Terms of Reference laid out for the Sector Groups Of Secretaries ask them to first conduct a ‘hole evaluation’ of home capabilities – each within the authorities and personal sector -vis a vis probably the most superior worldwide capabilities throughout sectors and determine strategic areas the place India may intention to develop into the world chief in an outlined time-frame.