Raising farmers income key to better agri-production: NITI Aayog Vice Chairman

Raising farmers income key to better agri-production: NITI Aayog Vice Chairman

Finance minister Arun Jaitley, transport minister Nitin Gadkari, agriculture minister Radha Mohan Singh and secretaries of various departments, also attended the meeting, said Kumar. "Many experts today said that we should shift from focus on agricultural production to raising farmers income, by improving productivity, lowering costs, greater efficiency, greater market access, making producers of products rather than commodities", Kumar said.

After the meeting, NITI Aayog Vice-Chairman Rajiv Kumar said there were suggestions directed at both the upcoming Budget Session and for long-term structural reforms.

"I am hoping NITI Aayog will monitor high frequency data on employment on a regular basis and actually create new data set which is not available as of now". The task force on employment has got numbers which will be released very soon ... these numbers are startling and quite in contrast with Labour Bureau numbers.

The select group of economists and various sector experts have been invited by NITI Aayog for the deliberations with the prime minister on "Economic Policy: The Road Ahead".

The Niti Aayog Vice-Chairman said all the participants unanimously supported the National Medical Commission Bill, which has been referred to a parliamentary committee for scrutiny.


In his intervention, the Prime Minister thanked various participants for their suggestions and observations, on various aspects of the economy.

It further said that the emphasis is on sharing the views of the experts from all over the country on the road ahead for the economic policy to steer the nation towards a New India envisioned by the prime minister.

Kumar also disclosed the agenda of the meeting to ANI.

The meeting follows the Central Statistics Office's forecast that GDP growth in the current financial year will slow to a four-year low of 6.5%, from the provisional 7.1% seen in 2016-17, dragged down by deceleration in the agriculture and manufacturing sectors.

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