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Gov’t lags behind efforts to achieve more than 30% of growth targets

  • 2016-01-26 15:00:00
  • , Asahi
  • Translation

(Asahi: January 26, 2016 – p. 7)


 More than 30% of growth targets are behind schedule, according to a government report released on Jan. 25. In particular, efforts to meet the goals for women’s empowerment and agriculture are lagging behind.


 The Industrial Competitiveness Council assessed progress in meeting the growth targets set in 2013 and 2014. Of the 82 items assessed, 27 were behind schedule.


 For example, the government has set the target of reducing the number of children waiting for admission to government-sanctioned nursery schools to zero by the end of fiscal 2017, but as of April 2015, 23,167 children were still on the waiting list. The number was only reduced by 1,658 over the past three years.


 With regard to the goal of increasing the percentage of men taking child-rearing leave to 13%, the number came to 2.3% in 2014, even lower than the 2.6% marked in 2011. Despite the goal of setting up 50,000 agriculture corporations by 2023, there were only 15,300 as of February 2014. Over the past year, there were only 700 such entities set up. (Abridged)


 Progress on major growth targets


Status quo


Recover capital investment to about 70 trillion yen by the end of fiscal 2015

68.4 trillion yen as of fiscal 2014


Increase the number of profit-making smaller firms to 1.4 million by 2020

800,600 firms as of fiscal 2013


Accept 5,000 highly-skilled foreign labor by the end of 2017

3,962 as of September 2015


Increase the percentage of women in leadership positions to about 30% by 2020

8.3% as of 2014


Score among the top three for the World Bank’s ease of doing business index

24th place in 2016


Cultivate 80% of all farmland by 2023

50.3% as of the end of fiscal 2014


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