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insightsonindia.com/2015/10/01/lok-sabha-tv-insights-global-competitiveness-index-and-india/
INSIGHTS
2/10/2015
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Present government has launched big programs like Skill India, Make in India, Digital India, etc. All the programs
have potential to change the face of India.
Make in India will improve domestic manufacturing sector and will improve our export and will make us independent.
For that Skill India and digital India will provide human resource and the convergence of all three would be favorable
for timely harvest of demographic dividend.
But, to reap the full benefit, opposition parties need to cooperate for awaiting reforms like GST, Labor reform, Land
acquisition, etc.
At the same time, to realize the potential of cooperative federalism and also to utilize the benefits of financial
devolution given to states according to the recommendations of Fourteenth finance commission, State level reforms
are very important.
There is widespread regional disparities and since many such subjects come under state list, the state level reforms
and their integration will central level plans becomes very crucial. For example, APMC reforms cannot be avoided at
all, but no action or convergence has been seen.
Model of Economic governance
With the spirit of cooperative federalism, the action and performance of the states in economy growth of the country
becomes the prime moving force. The current way of working, needs to be changed. States need to change their
duty structure, to attract investors.
Team India Approach of NITI Aayog will play as push factor for above mentioned actions. But, one major concern at
this point of time is of capacity building of states. Because, earlier this task was taken care by planning commission
of India.
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