The correct answer is (a) and (b) only are correct. Explanation & Key Takeaways: The three-year action agenda of NITI Aayog • The NITI Aayog’s three-year action agenda is a comprehensive document outlining the framework of policy changes. • Implementation of these policies is meant to take place in the short term in India. • The NITI Aayog 3 year action agenda is part of a larger vision document that has now replaced the erstwhile five-year plans of the planning commission. Three-Year Revenue and Expenditure Framework: • A tentative medium-term expenditure framework (MTEF) for the Centre is proposed. • Based on forecasts of revenue, it proposes sector-wise expenditure allocation for three years. • Proposes reduction of the fiscal deficit to 3% of the GDP by 2018-19, and the revenue deficit to 0.9% of the GDP by 2019-20. • The roadmap consists of shifting additional revenues towards high-priority sectors: health, education, agriculture, rural development, defence, railways, roads and other categories of capital expenditure. Agriculture: Doubling Farmers’ Incomes by 2022 • Reform the Agricultural Produce Marketing to ensure that farmers receive remunerative prices. • Raise productivity through enhanced irrigation, faster seed replacement and precision agriculture. • Shift to high-value commodities: horticulture, animal husbandry, fisheries. Hence statement (a) is correct. Urban Development • Need to bring down land prices to make housing affordable through an increased supply of urban land • More flexible conversion rules from one use to another • Release of land held by sick units • Release of another urban land potentially available • More generous Floor Space Index. • Reform the Rent Control Act along the lines of the Model Tenancy Act; • Initiate titles of urban property • Promote dormitory housing • Address issues related to city transportation infrastructure and waste management. • Regional strategies • Transport and Digital Connectivity Energy • Adopt consumer-friendly measures such as the provision of electricity to all households by 2022, LPG connection to all BPL households, elimination of black carbon by 2022, and extension of the city gas distribution programme to 100 smart cities. Hence statement (b) is correct. • Reduce the cross-subsidy in the power sector to ensure a competitive supply of electricity to the industry. • Reform the coal sector by setting up a regulator, encouraging commercial mining and improving labour productivity. • Science & technology • Governance • Taxation and Regulation • The Rule of Law Education and skill development • Shift the emphasis on the quality of school education paying particular attention to foundational learning • Move away from input-based to outcome-based assessments • Rank outcomes across jurisdictions • Use ICT judiciously to align teaching to the student’s level and pace. • Revisit the policy of automatic promotion up to eighth grade • Create a tiered regulation of universities and colleges to provide greater autonomy to top universities under the current system. • Focus on creating and funding public universities under the World Class Universities program. Hence statement (c) is incorrect. • Health • Building an Inclusive Society • Environment and Water Resources So, option 4 is correct.