Twelve Ministries to Present 5-year Plan

At least 12 key economic ministries including key infrastructure ones such as aviation and railways will present their roadmap for the next five years to Prime Minister Narendra Modi towards the government’s plan to make India a $5 trillion economy.

The prime minister will review, in what is going to be a day-long exercise, the five year vision for different sectors on Saturday. Rural development and commerce and industry ministry are among other ministries that will make a presentation to the PM.

The meeting comes ahead of the budget and will firm up the road map for the long term.

There are around eight sectoral groups of various ministries which have been asked to frame the vision document.

The next such meeting with other ministries is likely in the first week of January.

Speaking at an Assocham event on Friday, PM Modi said that about ₹100 lakh crore will be spent in the coming years on building infrastructure and another ₹25 lakh crore on rural economy, and this in turn will help nearly double the size of the Indian economy to $5 trillion by 2024.

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