Niti Aayog 3 Year Action Agenda

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Niti Aayog 3 Year Action Agenda

The three-year action plan (2017-2020), prepared by think-tank NITI Aayog, has suggested shifting the composition of expenditures by allocating a larger proportion of additional revenues that become available over time to high-priority sectors. The action plan has replaced the five-year plan plans of the erstwhile Planning Commission and would be soon followed by a fifteen year vision document and a seven year strategy document.

Under the proposed agenda, the share of non-developmental revenue expenditure in total expenditure would decline from 47% in 2015-16 to 41% in 2019-20,” it said, adding that at the same time the share of capital expenditure, which is more likely to promote development, would rise significantly.

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