NITI Aayog pitches for mega coastal economic zones to create jobs

The panel has cited success stories of Japan, South Korea and China to argue India’s case

GN Bureau | June 20, 2016


#NITI Aayog   #Narendra Modi   #BJP   #job creation   #coastal zones   #Sagarmala project  


Ever since the Narendra Modi-led BJP has come to power at the Centre, it has been highlighting creation of jobs as one of its major objectives. In an action plan, the NITI Aayog has strongly pitched for mega coastal economic zones to drive India's export-led growth strategy and create thousands of jobs, reports the Times of India.

As per its sources, in a presentation, the panel's vice-chairman Arvind Panagariya pointed to the experience of Japan, South Korea and China and argued how exports played a key role in sustained rapid growth by these three Asian giants and made a strong case for creating these mega zones to help India win the exports game in world markets. The idea is to build these zones along with the Sagarmala project which aims to modernise the country ports, the report adds.

The presentation, as per sources, pointed that “India, with its large labour force, is in an advantageous position to benefit from the slowdown in China and could tap into the demand from global firms eying alternative manufacturing countries with large and steady supply of labour”, the report said.
 

Comments

 

Other News

Covid-19: Daily new cases fall below 50K

India has leaped across several significant milestones in its fight against Covid-19. The new confirmed cases in the 24 hours to Tuesday morning have fallen below 50,000 (46,790, to be precise) for the first time in nearly three months. The last time the number of new cases was close to this level was on J

Swachh Bharat Mission – Urban: A way forward for sustainable sanitation

"Sanitation is more important than independence". --Mahatma Gandhi The world is moving towards global transformation and sanitation is an important aspect in the development of any country. The United Nations (UN) has observed in 2015-16 that 19.7%

Media taking advantage of a divided Bollywood: Shatrughan Sinha

Legendary film star and politician Shatrughan Sinha has said that friendship in Bollywood is limited to onscreen, and there is no unity and some news channels are taking advantage of this situation. “Groups within the industry or their supporters may sometimes come together for some c

‘2.40 lakh TB cases went unreported in India in 2019’

In India, only 2.40 million out of an estimated 2.64 million cases of tuberculosis were reported to the government, that is, 2,40,000 TB patients went unreported, in 2019, according to the WHO Global Tuberculosis Report 2020. The reporting of TB cases, however, has significantly increased ov

We must fight for Right to Information

Fifteen years back, the Right To Information (RTI) Act became operational on October 12, 2005. It was the auspicious day of Vijayadashmi. It appeared to herald a new evolution in Indian democracy. Citizens who had been advocating this law saw an opportunity of converting India’s defective elective de

Uddhav shoots back at governor’s sarcasm

As Maharashtra governor Bhagat Singh Koshyari went sarcastic and wrote to chief minister Uddhav Thackeray, asking him if he had turned ‘secular’ – an epithet he hated, as the places of worship remain closed amid the Covid-19 pandemic; the Shiv Sena chief replied he did not need certificat

India Police Virtual Summit and Awards 2020

Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter