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“…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 (64% working age group; • High degree of political will at the highest level.
Growth Friendly Fiscal Consolidation
SECTORALSHAREIN GSDP (2013-14) Agri & Allied Sl.No. 1-3 Services Sl.No. 8-13 Industry Sl.No. 4-7 33.04 % of Services Sector
PERCENTAGE OF HOUSEHOLDS WITH LATRINE FACILITY (2011) All India 46.9%, Mizoram 91.9%
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) All India 0.5%, Mizoram 0.3%
CREDIT DEPOSIT RATIO Mizoram 37.85 All India 78.96
EASE OF DOING BUSINESS RANKING 2015 BY WORLD BANK GROUP 28th Rank out of 32 States
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. …to enable exodus from poverty, subsistence economy, dependency… …build public confidence
STRATEGY FOR ROBUST INFRASTRUCTURE DEVELOPMENT Power Road & Bridges Water Supply Sanitation Housing Urban Mobility
SKILLS DEVELOPMENT TO REAP DEMOGRAPHIC DIVIDEND 64% of the population in working age group 15-59 Need to Develop Credible Skills Development and Education Reforms in line with NATIONAL SKILLS QUALIFICATION FRAMEWORK
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.