Our goal is to make India 5 trillion-dollar economy: PM Modi

Prime Minister Narendra Modi on Saturday chaired the fifth meeting of the governing council of the NITI Aayog at the Rashtrapati Bhavan. This was the first meeting of the NITI Aayog after Modi returned to power.

Modi in his opening remark said that the goal is to make the country a five-trillion-dollar economy by 2024. He said that the goal is challenging but achievable.

“Goal to make India a 5-trillion-dollar economy by 2024, is challenging, but achievable, with the concerted efforts of States,” said PM Modi.

Modi stressed that the states should recognise their core competence, and work towards raising GDP targets right from the district level. He also said that the focus of the states should be on the promotion of exports.

Modi also said that the Niti Aayog has a key role to play in fulfilling the mantra of “Sabka Saath, Sabka Vikas, Sabka Vishwas”.


“We shall collectively fight against poverty, unemployment, drought, flood, pollution, corruption and violence,” PM Modi said.

“We are now moving towards a governance system characterized by performance, transparency, and delivery,” he added.

Modi also spoke about water conservation and management and asked for cooperation in efforts from states. He said the aim was to provide piped water to every rural home by 2024.

Modi also said that tuberculosis should be wiped out by 2025 and asked states that have not implemented the central government’s health insurance scheme to come on-board.

Modi also said that everyone at Niti Aayog has a common goal of achieving a New India by 2022.

Amid several parts of the country facing a drought-like situation, Modi called for effective steps to tackle it by adopting a ‘Per-Drop, More-Crop’ strategy.

He said that the newly created Jal Shakti Ministry will help provide an integrated approach to water and states can also integrate various efforts towards water conservation and management.

The meeting was attended by all chief ministers, except Mamata Banerjee and K Chandrashekhar Rao.

KCR had said that he will be busy with the preparations for the inauguration of an irrigation project in Telangana while Mamata had earlier refused to attend the meeting and termed NITI Aayog ‘fruitless’.

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