Highlights: President's address to parliament

Tags: News
Following are the highlights of the economic blueprint of Prime Minister Narendra Modi as unveiled by President Pranab Mukherjee in address to the joint sitting of Parliament here today:

* Ushering in high growth rate, putting economy back on track

* Contain food inflation

* Reignite the investment cycle

* Accelerate job creation

* Restore investor confidence

* Create predictable, transparent and fair policy environment

* Make tax regime non-adversarial

* Make efforts to introduce GST

* Undertake reforms to enhance ease of doing business

* Allow FDI in sectors that will create jobs, assets

* Emphasis on improving supplies to contain food inflation

* Steps to prevent hoarding and black marketing

* Reform of Public Distribution System to be taken

* Prepare contingency plan to deal with subnormal monsoon

* Increase investment in agriculture, infrastructure

* Promote labour-intensive manufacturing

* Invest in world class industrial regions, particularly along the Dedicated Freight Corridors and Industrial Corridors to be set up

* Unveil a comprehensive National Energy Policy

* Reforms in coal sector to attract private investment in transparent manner

* Expand National Solar Mission

* Operationalise international civil nuclear agreements, develop nuclear power projects.

EDITORIAL OF THE DAY

  • Jobless growth is the biggest challenge for the Narendra Modi government

    Quality jobs that pay handsomely is the biggest indicator of the health of an economy, especially in a developing country like India.

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