Addressing the meeting of his Economic Advisory Council, Prime Minister Atal Bihari Vajpayee, on Saturday listed eight critical areas, which need to be addressed for pushing economic growth and said the growth strategy necessarily had to hinge on employment creation and speeding up economic reforms so that "India becomes a clear-cut market economy".
Following is the agenda unveiled by the prime minister:
Implementation of policies and programmes,
Speed up economic reforms with government withdrawing from production barring a few clearly specified srategic sectors,
Govt to shoulder dominant, though not exclusive responsibility for physical and social infrastructure,
Speed up employment-oriented growth,
Remove imperfections plaguing financial markets. Channel higher rate of savings into productive investments,
Reduction and retargetting of subsidies to reduce overall fiscal deficit. Barring few who deserve subsidy, make others pay for what they use,
Govt to lauch initiative for acclerated completion of Railway projects that are critical and remunerative,
Align long term growth strategy to population, encourage demographic transition.
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which need to be addressed for pushing economic growth and said the growth strategy necessarily had to hinge on employment creation and speeding up economic reforms so that "India becomes a clear-cut market economy".