Modi sets USD 5 trillion economy goal, says challenging but achievable

The Prime Minister spoke of a collective fight against poverty, unemployment, drought, flood, pollution, corruption and violence.

Published: 15th June 2019 04:39 PM  |   Last Updated: 16th June 2019 07:38 AM   |  A+A-

PM Modi addresses the fifth meeting of NITI Aayog's Governing Council

PM Modi addresses the fifth meeting of NITI Aayog's Governing Council (Photo | PIB India)

By Express News Service

NEW DELHI: Fresh from a landslide mandate, Prime Minister Narendra Modi stressed on collective responsibility for achieving short and long-term goals for the country, with the focus on “bottom-up” approach by working on unique strengths at the district level to boost employment and income.

“The goal to make India a $5 trillion economy by 2024 is challenging, but can surely be achieved. States should recognise their core competencies, and work towards raising GDP targets right from the district level,” said Modi in his opening remark at the fifth governing council meeting of NITI Aayog held at the cultural centre of Rashtrapati Bhavan.

ALSO READ | Karnataka CM HD Kumaraswamy meets PM Modi to seek funds in tackling drought

Making a case for structural agrarian reforms, the PM stressed on enhancing corporate investment and market support for farmers. Incidentally, NITI Aayog had listed out amendments in Essential Commodities Act, Agricultural Produces Marketing Cooperatives (APMC) Act. Bihar and Kerala CMs Nitish Kumar and Pinarayi Vijayan respectively, however, argued against regulations of Mandis, saying their states have abolished all such entities.

Making a strong pitch against Left Wing Extremism (LWE), PM said that many aspirational districts are affected by Naxal violence. “Battle against Naxal violence is now in a decisive phase. Violence will be dealt with firmly, even as development proceeds in a fast-paced and balanced manner,” he added. Madhya Pradesh CM Kamal Nath in his speech called for the creation of branches of anti-Naxal police units with the involvement of locals.

“Improving governance in LWE areas, along with continuous efforts for better rail/road communication, education, telecommunication, skill development opportunities, healthcare and other services, were discussed,” said a senior official.

‘No central schemes’
Even while the BJP credited flagship schemes for its massive Lok Sabha mandate, NDA ally and Bihar Chief Minister Nitish Kumar and Kerala CM Pinarayi Vijayan made a forceful argument at the Niti Aayog governing council meeting that the centrally sponsored schemes should be discontinued as they were putting massive burden on the states which have to bear 40% of the costs.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

  • Manasa

    Thanks for giving a wonderful knowledge. It is very use ful for us
    2 years ago reply
flipboard facebook twitter whatsapp