PM’s economic panel chalks out road map for job creation | Current Affairs, Current Affairs 2017

PM’s economic panel chalks out road map for job creation

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The Economic Advisory Council to the Prime Minister (EAC-PM) on Friday chalked out a “clear road map” for stepping up skill development and job creation and enhancing resource investment in the social sector, including health and education, while making out a case for boosting infrastructure financing. This was decided at the second meeting of the Council chaired by NITI Aayog Member BibekDebroy.
During the meeting, the advisory panel also stressed the need for linking economic growth indicators with social indicators and said it was evolving the design of a new “economy tracking monitor” to do that.
The advisory panel took stock of the economic and social analysis done by the theme groups and identified key issues, strategies and recommended interventions in respect of those themes, the statement said.
It formulated far-reaching recommendations to guide the evolving framework for the Fifteenth Finance Commission, including the incentivisation of states for achieving health, education and social inclusion outcomes.
Improvements needed in National Accounts and innovative steps for unlocking growth, exports and employment potential were also deliberated upon — including through transformation of India’s Gold Market.

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