With an aim to help India become a $5 trillion economy, the commerce ministry has said that the government is working on an action plan to increase the growth rate at the district level by 3-4 percent per annum by accelerating economic activities.
The Ministry has said that the government’s focus will be on converging government and private initiatives, and introducing mechanism for handholding and mentoring. Besides, it mentioned about various plans to achieve this aim such as few districts including Sindhudurg, Ratnagiri, Varanasi and Vishakhapatnam, across different states will be selected in phase 1 of the pilot project and profile of the districts will be created, identifying strengths and local resources, to incorporate it with different sectors and verticals.
Commerce and Industry Minister Suresh Prabhu also expressed the need of a bottom-up approach to push growth further and noted that districts should be considered as planning and execution units, which will be facilitating change at micro level. He also directed the officials to create an Action Plan in this regard at the earliest.