Linking economic growth with social aspects, Skill development, job creation and Infrastructure is necessary

New Delhi, November 11: For the skill development, job creation, enhanced resource investment in the social sector- including for Health and Education and for boosting Infrastructure financing, the Economic Advisory Council to the Prime Minister (EAC-PM) held the second meeting chaired by the NITI Aayog Member Dr. Bibek Debroy on Friday as the roadmap has been defined.

 

Including the incentivization of States for achieving Health, Education and Social Inclusion outcomes, many recommendations have been formulated so that for the Fifteenth Finance Commission the framework will be ushered. The design of a new Economy Tracking Monitor, linking economic growth indicators with social indicators will develop gradually by the council for the last mile connectivity.

Through the transformation of India’s Gold Market, the need for improvement in National Accounts and innovative steps is important so that the growth, exports and employment potential of growth drivers will be unlocked.

To link economic growth with social aspects, with greater last mile connectivity, is the unique feature of the EAC-PM. With the focused time-bound recommendations to move from policy to practice, benefiting from consultation with a wide spectrum of experts and stakeholders. For providing informed advice to the Prime Minister is increasingly being recognized as it is an independent institutional mechanism.