Meta Data
Draft: 
No
Revision of previous policy?: 
Yes
Effective Start Year: 
2010
Scope: 
National
Document Type: 
Other
Economic Sector: 
Multi-Sector
Energy Types: 
All
Issued by: 
Economic Affairs Committee
Overall Summary: 
Since the EDP was launched only on 31st March 2010, it is too early to evaluate its implementation progress and results. Therefore, the scope of this document is limited to providing a review of: the overall intent of the document, the objectives outlined, and an analysis of strategies proposed. The review also highlights some areas of concern and proposes a set of recommendations for an inclusive and pro-poor growth that fosters greater human welfare and happiness. The Review highlights that for a document that seeks to lay out a comprehensive economic policy for the country, it is very important for the EDP to have a clear purpose. In particular, the title of the document projected as “Economic Development Policy” implies that the EDP is a broad policy document that covers macro- economic and social development policy for the entire economy and population and not just the private sector. Also, it underlines that the Economic Development Policy is should recognize that the private sector should not be limited only to the formally organized business sector. It also includes individuals and households, both poor and rich, in rural and urban areas who operate as private economic actors when they consume goods and services, sell their labor, farm or produce goods and services.
Governance
National policy structure: 
New Policies. Name of policy: Electricity for all. Proposed Enactment date: 2013. --- Annexure II: Incentives. Name of incentives: Exemption duty for purchase of electric cars.