Industrial Sector Updates – Industrial Policy, Ease of Doing Business, etc.

[pib] Action Agenda for an AtmaNirbhar Bharat (AAAN)


From UPSC perspective, the following things are important :

Prelims level: AAAN

Mains level: Agenda for Atmanirbhar Bharat

The Health Ministry has released the report Action Agenda for an AtmaNirbhar Bharat (AAAN) prepared by Technology Information, Forecasting and Assessment Council (TIFAC).

Q.‘Doubling Farmer’s Income’ and ‘USD 5 trillion economy’  seems more like slogans today in wake of COVID pandemic. Comment on the statement with keeping in view the Atmanirbhar Bharat Abhiyan of the government.

AAAN Report

  • The report AAAN is a consequential follow-up of the TIFAC’s White Paper on Focused Interventions for ‘Make in India’: post-COVID -19 which was released earlier this year.
  • The White Paper highlighted five thrust sectors namely, Healthcare, Machinery, ICT, Agriculture, Manufacturing, and Electronics that would be critical for India’s economic growth post-COVID.
  • This AAAN action plan has been structured with reference to timeline, highlighting short/medium and long term interventions in various identified sectors.

Why need such an agenda?

  • The World is experiencing unprecedented health and economic crisis. A widespread deep global recession has been bolstered, undermining global cooperation and multilateralism.
  • The most outward global economies have turned inwards and are designing enhanced measures for rebooting and resilience of the economy.
  • The document also specifically defines overarching policy recommendations with reference to technological inputs, focusing towards Local to Global.
  • It would thereby revive the Indian economy, in identified domains of Innovation and Technology Development, Technology Adoption/Diffusion, Boosting up Manufacturing and Productivity, Trade and Globalization etc.

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