PM Modi Chairs 9th Governing Council Meeting Of NITI Aayog

New Delhi, July 27 (TNA) Prime Minister Narendra Modi on Saturday chaired the 9th Governing Council Meeting of NITI at the Rashtrapati Bhavan Cultural Centre, New Delhi. It was attended by Chief Ministers/Lt.Governors representing 20 States and 6 UTs.

Prime Minister emphasised on cooperation and collective effort of all States and the Centre to work together in order to achieve the vision of Viksit Bharat @2047. Modi observed that India has achieved steady growth in the past ten years. Indian economy, which was ranked the 10th largest economy in the world in 2014, has risen to become the 5th largest economy by 2024. He added that now the collective aim of the government and all citizens is to become the third largest economy in the world.

Prime Minister stressed that our country has already made a lot of progress in the past ten years by strengthening social and economic infrastructure. From being a predominantly import-driven country, India now exports many products to the world. The country has made its mark on the world stage in wide-ranging sectors like defence, space, start-ups and sports. He appreciated the confidence and enthusiasm of 140 crore citizens, which is the driving force behind the progress of our country.

He encouraged States to provide an investor-friendly environment. He directed NITI Aayog to prepare an ‘Investment-friendly Charter’ of parameters which would include policies, programmes and processes to be put in place for attracting investments.

The States may be monitored on the achievement in these parameters to promote healthy competition among them for attracting investments. He also underscored the importance of law and order, good governance and infrastructure as vital for attracting investments, rather than just incentives.