NITI AAYOG CHARTS 2021 REFORMS MAP

NEW DELHI: Accelerating electric mobility, enhancing competitiveness of textiles industry, improving credit access for small and medium enterprises (SMEs), and pushing water conservation measures will dominate NITI Aayog’s to-do list in the new year as it seeks to further the government’s reforms agenda for sustained economic growth.

As the think tank continues to work with various stakeholders to boost the country’s economy, its vice chairman and economist Rajiv Kumar said the government has already used Covid-19 crisis for taking several steps to lay the foundation for a “rapid and sustained growth in the coming years”.

While noting that these steps and reforms have to be further consolidated, Kumar asserted that the Prime Minister Narendra Modi-led government is “certainly not protectionist” and has been continuously expanding the scope for FDI.

“In the next calendar year, the NITI Aayog will be looking at several areas for pushing the reform agenda forward. These will be broadly in the field of pushing the movement on electric mobility... The second area that we will be working on is collaboration with the textile ministry in setting up mega textile firms which will improve the competitiveness of the textile industry, help us to expand our exports for both the fabric and the garment sectors,” he said in an interview.

Besides, the NITI Aayog will push forward the agenda on water conservation and better water use as well as look at the possibility of improving access to formal credit for SMEs as they will be one of the pillars for Aatmanirbhar Bharat.

THE THINK TANK WILL PUSH FOR EVS AND MEGA TEXTILE FIRMS TO SPUR COMPETITION IN THAT SECTOR