NITI to merge 15-yr vision document, 7-yr strategy paper
The Dollar Business Bureau NITI Aayog, the Government think-tank, has decided to combine the 15-year vision document with 7-year medium-term strategy paper to bring out a comprehensive roadmap to accelerate the economic growth. “We are thinking of having a brief chapter regarding the vision in the 7-year strategy paper which will be a bulky document outlining the action plan for expediting growth. The vision document will be aspirational, about the kind of country we want to build...The kind of society we want to be in. It will be a kind of vision for the future,” Arvind Panagariya, Vice-Chairman, NITI Aayog told the media. Panagariya said that the Aayog has got reactions from around 10 states on the 3-year action agenda draft and will conclude it within 2 weeks. Earlier, the Government think thank had ...
China failed to gain Indias backing on Silk Road projects
The Dollar Business Bureau Various Memorandum of Understandings and agreements signed between India and China during the Prime Minister of India’s recent visit to China have drawn global attention. However, a state-run Chinese think-tank said, "China has missed securing India's backing for the Silk Road Economic Belt project and 21st Century Maritime Silk Road (MSR)," while mentioning that Prime Minister Narendra Modi’s visit to China as a significant step towards building mutual trust and further strengthen bilateral co-operation between India and China. The projects that are termed under the name Silk Road projects include project enabling road connectivity between China and Europe through Central Asia, the Bangladesh, China, India, Myanmar (BCIM) Corridor project, USD $ 46 billion- worth China-Pakistan Economic Corridor (CPEC) ...
