SME Times News Bureau | 10 Apr, 2018
Union
Commerce and Industry Minister Suresh Prabhu Tuesday said that an
Action Plan the government is planning will increase growth rate of
Districts by 3-4%.
Chairing
a meeting for brainstorming and creating an action plan on role of
districts in economic growth of the country, Prabhu said that the aim
of the meeting was to prepare an action plan to increase the growth
rate at the district level by 3-4% per annum by accelerating economic
activities.
Larger
aim of this initiative is to help India become a USD 5 trillion
economy.
Speaking
on the occasion, the
Minister
said that to push growth further, a bottom-up approach is required.
Therefore, districts need to be considered as planning and execution
units, facilitating change at micro level.
In
order to achieve this aim, few districts including Sindhudurg,
Ratnagiri, Varanasi and Vishakhapatnam, across different states will
be selected in phase 1 of the pilot project. Profile of the districts
will be created, identifying strengths and local resources, so as to
incorporate it with different sectors and verticals. Efforts will be
made to converge government and private initiatives and introduce
mechanism for handholding and mentoring, he
added.
The
Minister directed the officials to create an Action Plan in this
regard at the earliest.
Representative
from different Ministries including Ministry of Commerce and
Industry, Agriculture and Farmers Welfare, MSME, Skill Development &
Entrepreneurship and Statistics & Program Implementation along
with NITI Aayog, Department of Economic Affairs and representatives
of States of Maharashtra, Himachal Pradesh, Assam, Andhra Pradesh and
Uttar Pradesh were present at the meeting.