Transcript NEW ECONOMIC DEVELOPMENT POLICY (Comprehensive

“…the Government of Mizoram has decided to introduce
this New Economic Development Policy with the main
objective of bringing about a sea change in the way
priorities are placed in matters of economic
development and governance so as to ensure that the
State fully capitalizes on the new opportunities placed
before it with the end goal being to attain a robust and
self sustaining economy in the long run…”
MOTIVATION
• Potential growth with admirable
untapped natural endowment;
• Opportunities to leverage changes
in fiscal federal structure under FFC;
• Act East Policy coupled with
Myanmar Democratic Government;
• Demographic
dividend
working age group;
(64%
• High degree of political will at the
highest level.
Growth
Friendly
Fiscal
Consolidation
POPULATION
GROWTH IN PER CAPITA INCOME
(NSDP/NDP at Current Prices)
25.00
20.00
20.04
19.29
18.76
18.25
16.80
15.00
15.02
14.80
13.82
12.95
12.38
14.50
13.42
10.71
10.00
9.67
8.26
9.64
7.74
5.24
5.00
0.00
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
Mizoram
2011-12
2012-13
2013-14
SECTORAL SHARE IN GSDP (2013-14)
Agri & Allied
Sl.No. 1-3
Services
Sl.No. 8-13
Industry
Sl.No. 4-7
33.04 %
of Services Sector
VEGETABLE MARKET SURVEY IN AIZAWL CITY
(7th November 2015)
Mahni Thlai Thar Zuar
Name
Kharchhawng
Aizawl khaw
pawn
Aizawl khaw
chhung
Aizawl khaw
pawn
Aizawl khaw
chhung
Total
Bara bazar
264
67
45
458
834
Thakthing
38
212
203
38
491
Khatla
30
5
-
60
95
Treasury
Square
6
4
39
93
142
Dinthar
8
-
-
26
34
Vaivakawn
13
2
-
90
105
Chaltlang
-
8
-
23
31
Chanmari
19
31
5
31
86
Ramhlun
54
10
-
45
109
Bawngkawn
26
47
3
146
222
TOTAL
458
386
295
1010
2149
TOTAL
844 (39.27%)
1305 (60.73%)
2149 (100%)
PERCENTAGE OF HOUSEHOLDS WITH LATRINE FACILITY (2011)
120.0
All India 46.9%, Mizoram 91.9%
100.0
97.8
95.2
89.3
91.9
79.7
80.0
64.9
62.0
87.2
76.5
79.3
70.1
68.669.1
58.9
51.2
54.8
53.1
48.3
40.0
35.0
28.8
23.124.6
0.0
68.5
65.8
62.9
51.2
49.6
20.0
78.2
57.4
60.0
89.5
87.6
86.0
22.0
22.0
35.7
Mizoram top in urban household toilet coverage!
Source: Report of Chief Ministers Sub-Group on Swachh Bharat Mission
PERCENTAGE OF HOUSEHOLDS WITH NO LIGHTING (2011)
12.0
10.5
All India 0.5%, Mizoram 0.3%
10.0
8.0
6.0
4.0
2.0
2.0
0.50.4
0.0
1.0
0.2 0.1
0.3 0.4
0.9
0.5
0.1
0.1
0.4
0.0
0.2
0.6
0.8
1.1 1.1
0.3
0.7 0.8
0.5 0.4
0.5 0.5
0.3 0.2 0.3
0.2 0.3 0.1 0.1
0.2
0.0
CREDIT
DEPOSIT
RATIO
Mizoram
37.85
All India
78.96
Percentage of Households with Access to safe Drinking Water
Supply (2011)
STATE/UT
TOTAL
RURAL
URBAN
All India
Mizoram
85.5
60.4
82.7
43.4
91.4
75.8
Chandigarh
99.3
98.7
99.4
Punjab
97.6
96.7
98.9
Uttar Pradesh
95.1
94.4
97.9
Lakshadweep
22.8
31.2
20.2
Kerala
33.5
28.3
39.4
Meghalaya
44.7
35.1
79.5
Manipur
45.1
38.1
60.8
Nagaland
53.8
54.6
51.8
Assam
69.9
68.3
78.2
Sikkim
85.3
82.7
92.2
EASE OF DOING BUSINESS
RANKING 2015 BY WORLD
BANK GROUP
28th Rank out of 32 States
WHAT IS NEDP?
Lays out
Dynamic
Vision
Monitorable
outcomes
(policy/refor
ms/work)
Guiding
Principles
Identify line
Departments
Areas for
critical policy/
interventions
…to enable exodus from
poverty, subsistence
economy, dependency…
…build
public
confidence
The NEDP aims at providing
bold, practical, holistic,
inclusive, and effective
COMPREHENSIVE growth
strategies to PUSH the
economy to a high growth
path by enhancing
productivity, creating
employment opportunities,
improving public financial
management, improving
business environment and
improving public service
delivery in a SUSTAINABLE
manner.
IDENTIFICATION OF KEY GROWTH SECTORS / KEY GROWTH DRIVERS
Focus
intervention on
key growth
drivers
• Strategic focus
• Scale issue
• Fiscal constrain / Value for public money
Policy
intervention on
high interlinkages
• Impact on economy / better outcome
• Sustainability
• Leverage public investment
Comprehensive
action plan /
strategy
• To give big push to the economy
• Better coordination among Departments
• To sustain high growth path
STRATEGY FOR REIVIVING AGRICULTURE AND ALLIED SECTOR
Shift from
subsistence
oriented to market
oriented production
Focus on selected
crops with high
growth potential
Increase in
productivity and
competitiveness
Improving market
orientation of
farmers at
production level
High impact on
production/
growth
Appropriate use
of modern
technology
Facilitation of
market access and
participation of
farmers in output
market
To address scale
issue, and to
sufficiently
provide domestic
market demand
Improving market
infrastructure
STRATEGY FOR DEVELOPING INDUSTRY-MANUFACTURING SECTOR
Focus on
structural
coherence
Tap
modern
technology
• Endowment
link
• Sustainability
• Productivity
• Overcome
geographical
disadvantage
Improve
doing
business
• Implement
reinforcing
policies to
ease doing
business
Skills
Development
• Job oriented
• Market
demand
STRATEGY FOR ROBUST INFRASTRUCTURE DEVELOPMENT
Develop O&M
Framework and
Ensure Funding
• Cost effective
• Sustainability
Create Environment • Investment – reduce costs
to economy
for Private
Participation
• Promote efficiency
Power
Road & Bridges
Public Asset
Management
• Common pool
• Optimize utilization
Water Supply
Sanitation
Housing
Unbundling of Core
Unit
• Design -> Implementation ->
Monitoring
• Generation -> Transmission ->
Distribution
Urban Mobility
STRATEGY FOR SUSTAINING SERVICES SECTOR LED GROWTH
Jobless
growth in
services
sector not
sustainable
Remove
burdensome
regulations and
policies – to
improve ease of
doing business
Set up appropriate
Regulatory Authority –
facilitate growth,
promote competition,
improve delivery of
services
REFORM IN PUBLIC FINANCIAL MANAGEMENT
Budget reforms
Improve efficiency
in resources
allocation
Improve public
financial
management
• Fiscal discipline
• Expenditure reforms - efficiency in
Public Expenditure – doing more with
(less) public money.
• Better linkages of budget with policy
(Government priorities)
• Strengthen audit, legislative scrutiny
and accountability
• To improve operational efficiency in
public service delivery
• Cost effective
• Commercial account for Departments
with revenue stream
• Capacity building
• Cash flow management
• Credible Procurement system
• Credible resource mobilization model
• Dynamic debt management framework
SKILLS DEVELOPMENT TO REAP DEMOGRAPHIC DIVIDEND
64% of the population in working age group
Need to Develop Credible Skills Development and Education
Reforms in line with NATIONAL SKILLS QUALIFICATION
FRAMEWORK
15-59
CLIMATE CHANGE ADAPTATION AND MITIGATION STRATEGY
•
•
•
Agriculture, rural livelihoods,
sustainable management of
natural resources and food
security are inextricably linked
within the development and
climate change challenges.
Climate change pressures will
be
compounded
by
a
pronounced lack of sufficient
knowledge,
infrastructure,
organization and resources
that local populations and
governments would need to
cope with and adapt to climate
change.
The State Government would
need to initiate vulnerability
assessment to work out
suitable
strategy
for
adaptation and mitigation of
climate change
PUBLIC ADMINISTRATIVE REFORM
•
Increasing citizens’ welfare by better balancing and more
effectively delivering, social and economic policies over time;
•
Improving public sector efficiency, responsiveness,
transparency and effectiveness through public management
reforms - including simplification of procedures and reduction
of formalities and exploring possibility to reduce unnecessary
licenses, registrations, and permits;
•
Improving rule of law and democracy through legal reforms,
including improved access to regulation and reduction of
excessive discretion of regulators and enforcers;
•
Proper use of ICT to address development problems in
innovative ways;
•
Rightsizing of government - especially though exploring areas
for efficiency gains through a reduced role of the State,
exploring opportunities for staff reductions, and maximizing
the opportunities for synergies, co-ordination and appropriate
sequencing - to set up Administrative Reforms Committee.
MONITORING TEMPLATE
ITEMS / POLICY
IMPLEMENTING DEPARTMENTS
TIME SCHEDULE
PERIODIC REVIEW BY MSPB
COMPREHENSIVE GROWTH STRATEGY AGENDA
Policy
Agenda
1.
Reforms
Agenda
1.
2.
3.
4.
5.
6.
7.
8.
9.
2.
3.
4.
5.
6.
Operations and Maintenance Framework for Infrastructure Sector (Roads, Power, Water,
etc)
Services Sector Regulatory Framework
Comprehensive Skills Development Framework
Resource Allocation Framework
Resource Mobilization Policy/Strategy
Public Private Partnership Policy Framework
Strengthening of Audit/Legislative Scrutiny/Accountability (Framework)
Strengthening of Official Data and Statistics (Framework) including baseline survey of BPL
Climate Change Adaptation and Mitigation Strategy/Policy
Financial Management Reforms including expenditure reform, procurement system reform,
debt management, cash flow management, strong budget execution etc.
Administrative Reform including rightsizing, improving efficiency and services delivery - ICT
Land Reform
Power/Water Sectors Reform (Unbundling of core business)
Improving Ease of Doing Business
Agriculture Produce Marketing Reform
Convergence Converge - NEDP, CSS, NEC, NLCPR, NLUP – to implement State objectives / to address State
specific needs/problems
Agenda
Growth
Agenda
1. Policy intervention on selected - high impact - key growth drivers
2. 2-5% increase in GSDP Growth over 5 years and sustaining high growth
Aim to achieve robust and self sustained economy
THANK
YOU