Highlights of Reforms Measures in the Economic Survey 2016-17 Volume-2 (Download PDF)

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This part of economic survey- volume 2 covers Agriculture and Food Management, Industry and Infrastructure, Social Infrastructure, and Employment and Human Development. Previous part of the survey focused on several important sectors including services.

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Economic Survey 2016 - 17 Volume 2: Analysis with Key Terminologies

Dr. Manishika Jain discusses Economic Survey 2016 - 17: Analysis with Key Terminologies. The idea is to have conceptual understanding of the various terms used in economics

Reforms Measures in the Economic Survey 2016-17

Reforms Measures in the Economic Survey 2016 - 17

Reforms Measures in the Economic Survey 2016 - 17

Agriculture and Food Management

  • Reforms in agriculture manage and reduce various risks in agriculture activities- Making sector resilient, increasing profitability and ensuring stable income flows to the farmers. Following reforms suggested for increasing productivity:
  • Address the price risks in agriculture and allied sectors with strong marketing infrastructure and value chain.
  • Address production risks by expanding irrigated area through water saving irrigation systems like micro irrigation systems.
  • Increase productivity with better quality seed standards, pest and disease resistant seeds.
  • Trade and domestic policy changes should stay same from much before sowing till procurement.
  • Enhance women’s involvement in the dairy projects with funds.
  • Provide affordable formal and institutional credit to small and marginal farmers.
  • Provide timely interventions

Industry and Infrastructure

  • Railways should commercial exploit station redevelopment, vacant station buildings, and monetizing land along tracks- promoting horticulture, tree plantation, advertisement and parcel earnings.
  • Non-major ports more share of cargo share so develop non-major port and enhance their efficiency and operational capacity.
  • Privatization and disinvestment of Air India, creation of aviation hubs, and reconsidering the 0/20 rule are some suggestions will airlines’ share in the international market.

Social Infrastructure, Employment and Human Development

  • India is emerging as a knowledge based economy- needs to invest in health and education.
  • Education policies should focus on learning outcomes and remedial education with interventions to maximize the efficiency of expenditure.
  • Promote biometric attendance of school staff, independent setting of examination papers, neutral examination and DBT for schools.
  • Adopt outcome measures and skilling activities to improve and measure effectiveness of schemes programmes.
  • Government reforms like ‘Ease of Compliance to maintain Registers under various Laws Rules, 2017’ and e-Biz Portal make labour market system dynamic and efficient.
  • Government imparting skill training through Pradhan Mantri Kaushal Vikas Yojana (PMKVY) and long-term training through Industrial Training Institutes (ITIs).
  • Model Skill Centers in every district are operating under Pradhan Mantri Kaushal Kendra Scheme to enhance quality of skill training and promoting competency-based framework.
  • Concerted efforts required by the governments to reform health sector-

    • Address quality issues
    • Standardize rates for tests
    • Generate awareness about alternative health systems
    • Introduction of punitive measures like fines on hospitals and private health providers for false claims through surgery, medicines etc.
    • Providing health benefits and risk cover to poorer sections of the society.
  • National Health Policy, 2017 aims to attain highest level of good health and well-being, through preventive and promotive health care orientation, and universal access to good quality health care.
  • Vulnerable workers in the informal economy should be prioritized along with safety and security of women- raising their participation in economic activities.

- Published/Last Modified on: September 5, 2017

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