The NITI Aayog — which replaced the Planning Commission in 2014 — is currently finalizing the three year action agenda, first released on 23 April 2017. The Agenda spans 2017–18 to 2019–20 and includes action items for the states in addition to the Centre.

In addition to the Action Agenda, the NITI Aayog is also preparing a 15-year Vision and 7-year Strategy plans which will cover the period 2017–18 through to 2031–32. This makes the 12th five-year plan (2012–17) the last Five Year Plan.

The 3-year Action Agenda was being prepared based on inputs from Central, State and UT Governments. Additionally, consultations have been held with subject matter experts in education, health, culture, transport as well as scientists, economists, journalists and industry associations.

Some of the key agenda items in the Agenda are:

• Medium-term expenditure framework (MTEF) proposing sector-wise expenditure allocation
• Reduction of fiscal deficits to 3% of GDP by FY2018–19, revenue deficit target of 0.9% of GDP by FY2019–20.
• Reform Agricultural Produce Marketing to meet goal of doubling farmer income by 2022.
• Job creation with focus on high-productivity jobs in Coastal Employment Zones, labour reform and action points for specific sectors such as apparel, electronics, food processing, jewelry, tourism, finance and real estate.
• Address rising share of Non-performing assets (NPAs) in banks through auction of large assets and private asset reconstruction
• Focus on bringing down land prices by increasing supply (better conversion rules, release of land held by sick units etc.), reform of Rent Control Act
• North East, Coastal areas, North Himalayan states and Desert & Drought prone states to receive major focus for development
• Strengthen transport infrastructure, digital infrastructure for e-governance and public-private partnerships
• Measures to meet provision of electricity to all households by 2022, LPG connections, elimination of black carbon by 2022
• Reform coal sector through set up of regulator, commercial mining and improve labour productivity
• Create a database of all government schemes and review them
• Create a National Science, Technology & Innovation Foundation to deliberate national issues, priority interventions in science & technology and prepare implementation framework
• Improve administration of patent regime
• Shrink government role in activities that do not serve a public purpose, expand in areas that do
• Strategic disinvestment of 20 identified CPSEs and closing loss-making PSEs
• Tackle tax evasion, expand tax base and introduce tax reform such as consolidate custom duty rates into a unified rate
• Undertake judicial system reform through use of technology, performance evaluation and reduction in judicial workload
• Police reform measures for the states
• Move towards outcome-based assessment in schools, using technology to align teaching to student’s level
• Tiered regulation of universities and colleges with greater autonomy to top universities
• Increase government expenditure on healthcare
• Reforms in AYUSH, acts governing homeopathy
• Develop a more comprehensive Nutritional Information System at a national level
• Develop a composite gender-based index
• Skill-based education and extra-curricular to be mandatory
• Better regulatory structures for environment resources, including air pollution, tree felling policy and sustainable water utilization

You can read the full draft action agenda here: