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CII suggests MP Govt to create an Economic Advisory Council to bring in reforms

by London 24/7
in Finances
Reading Time: 3 mins read
CII suggests MP Govt to create an Economic Advisory Council to bring in reforms

The recently released report has provided a comprehensive overview of strategic interventions that can greatly benefit our society. These interventions have been categorized into two main approaches – horizontal (cross-sectoral) and vertical (sector-specific) approaches. This report is a valuable resource for policymakers, organizations, and individuals who are committed to bringing about positive change in our society.

The horizontal approach focuses on addressing issues that cut across different sectors and impact the overall development of our society. This approach recognizes the interconnectedness of various social, economic, and environmental factors and aims to address them in a holistic manner. The report has identified key areas such as education, healthcare, and infrastructure that require cross-sectoral interventions for sustainable development.

One of the key horizontal interventions highlighted in the report is the need for quality education for all. Education is the foundation for a prosperous and inclusive society. It not only equips individuals with the necessary skills and knowledge but also empowers them to become active and responsible citizens. The report emphasizes the need for increased investment in education and the importance of ensuring equal access to education for all, regardless of their socio-economic background.

Another crucial horizontal intervention is the improvement of healthcare services. The report highlights the need for a comprehensive and integrated healthcare system that caters to the needs of all individuals. This includes access to quality healthcare facilities, trained medical professionals, and affordable medication. By addressing healthcare issues, we can improve the overall well-being of our society and reduce the burden on individuals and families.

The report also emphasizes the importance of infrastructure development as a horizontal intervention. Adequate infrastructure, such as roads, transportation, and communication networks, is essential for economic growth and social development. It not only facilitates the movement of goods and services but also connects people and communities. The report calls for increased investment in infrastructure to bridge the urban-rural divide and promote balanced regional development.

On the other hand, the vertical approach focuses on sector-specific interventions that target specific issues within a particular sector. These interventions aim to address the root causes of problems and bring about sustainable change. The report has identified key sectors such as agriculture, energy, and water resources that require vertical interventions for long-term development.

The report highlights the need for modernizing and diversifying the agricultural sector. Agriculture is the backbone of our economy, and its development is crucial for poverty reduction and food security. The report suggests promoting sustainable farming practices, providing access to credit and technology, and investing in research and development to improve the productivity and profitability of the sector.

The report also stresses the importance of energy as a key sector for vertical interventions. Access to reliable and affordable energy is essential for economic growth and social development. The report calls for the promotion of renewable energy sources and the development of a sustainable energy infrastructure to meet the growing energy demands of our society.

Water resources management is another critical vertical intervention highlighted in the report. With the growing population and increasing water scarcity, efficient and sustainable management of water resources is crucial. The report suggests investing in water conservation and management techniques, promoting community participation, and implementing effective policies to ensure equitable distribution of water resources.

In conclusion, the report has outlined strategic interventions that can bring about positive change in our society. The horizontal approach addresses cross-sectoral issues, while the vertical approach focuses on sector-specific interventions. By implementing these interventions, we can create a more sustainable, inclusive, and prosperous society for all. It is now up to us, as individuals and as a society, to take action and work towards achieving these goals. Let us all join hands and make a positive impact on our society.

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