Page 2 - Amitabh Kant

G20 Sherpa Amitabh Kant steps down after 45 years of public service

Amitabh Kant steps down after four decades in public service, reflecting on his G20 role and development contributions while hinting at future work in innovation and industry

Amitabh Kant steps down as G20 Sherpa, marks end of 45-year govt career

India's G20 Sherpa and former CEO of NITI Aayog Amitabh Kant announced his resignation from public service to 'embrace new opportunities'

Indian economy to be close to $30 trillion mark by 2047: Amitabh Kant

India's economy, which is currently USD 4 trillion in size, is expected to be close to USD 30 trillion by 2047 and the country also has the advantage of younger demographics, G20 Sherpa Amitabh Kant said on Monday. He was speaking at a session on the sidelines of the International Air Transport Association (IATA) in the national capital. "The demographics are very young. The Western part of the world is ageing and Japan has already aged, even China is ageing. India is just 28 and even when we become 100, the average age will be 35 years. It is a country of baby boomers," Kant said. According to him, the country's economy will be close to USD 30 trillion in 2047. The country is a USD 4 trillion economy and just became the fourth largest economy in the world, he added. While emphasising about sustainable urbanisation, Kant said the country will see around 5 million people getting into the process of urbanisation and there will be a need to create 500 new cities in India. "You need

Private sector participation important for hunger-free India: Amitabh Kant

Kant, who is India's Sherpa to the G-20, said that around 119 million people in India remain undernourished, with women and children bearing the heaviest burden

Cyberattacks could potentially cripple national stability: Amitabh Kant

As India transitions to smart meters and more digital grid, increasing cyberattacks pose potentially crippling consequences for national stability and everyday life, G20 Sherpa Amitabh Kant said on Tuesday. In 2024, the banking, financial services and insurance sectors witnessed a huge surge in the sophistication and diversity of cyberattacks and the average cost of data breaches reached almost USD 2.8 million in India, Kant said, adding that last year, Indian businesses faced over 3,000 cyber attacks per week. India has experienced a very sharp surge in state-sponsored cyberattacks, with such incidents rising by almost 300 per cent between 2021 and 2024, he said, while unveiling a study prepared by cybersecurity solutions company Lisianthus Tech in the national capital. As India transitions to smart meters and a more digital power grid, the risk of cyberattacks grows and expands, posing potentially crippling consequences for national stability and everyday life, Kant, who is also t

India must innovate, not become tech colony of others: Amitabh Kant

It must build AI systems built on domestic datasets that don't have biases of the West, he says

Indians must work hard to achieve a $30 trn economy by 2047: Amitabh Kant

Indians must work hard to achieve the ambitious target of making India a USD 30 trillion economy by 2047, former Niti Aayog CEO Amitabh Kant has said. Joining the ongoing debate on working hours, India's G20 Sherpa said Japan, South Korea and China have achieved economic success through a strong work ethic and suggested that India must cultivate a similar mindset to build a world-class economy. "I strongly believe in hard work. Indians must work hard, whether it's 80 hours or 90 hours a week. If your ambition is to move from a USD 4 trillion to a USD 30 trillion economy, you can't do it through entertainment or by following the views of some film stars," he said while speaking at Business Standard's Manthan summit. Currently, the size of the Indian economy is around USD 4 trillion. "We have made it fashionable to talk about not working hard. Why? India must work hard to deliver projects ahead of time, with world-class excellence, without time and cost overruns," he added. Respondi

Indians must work hard, whether it's 80 or 90 hours a week: Amitabh Kant

India's G20 Sherpa Amitabh Kant shares his insights on the 90-hour work week vs work-life balance debate at BS Manthan

BS Manthan: Tata, M&M will not allow Tesla to dominate India mkt, says Kant

Private sector growth will fuel PM's Viksit Bharat vision: India's G20 Sherpa

Tata and Mahindra EVs will give Tesla a run for its money: Amitabh Kant

India's G20 Sherpa Amitabh Kant speaks on India's potential to become a global champion in two- and three-wheeler EV market at BS Manthan

Tesla will find it hard to compete with Tata, Mahindra EVs: Amitabh Kant

Tesla will find it hard to compete with Tata, Mahindra EVs: Amitabh Kant

BS Manthan: A thought-provoking day-1 of insights on economy, policies

Experts discuss India's growth, global trade shifts, climate action, EVs, defence, and more

India's G20 Sherpa Amitabh Kant to share key insights at BS Manthan

BS Manthan: Business Standard's flagship thought leadership summit returns on February 27-28, themed 'India and the Great Reset'

Focus on bringing out district-level estimates: Amitabh Kant to MoSPI

Addressing the event, MoSPI secretary Saurabh Garg also emphasised on the work being done by the ministry on making district-level estimates available

Reforms, innovation drive India's global economic rise: Amitabh Kant

According to the International Monetary Fund (IMF), 75-80 per cent of the world's growth this year will come from the Global South, with India and Indonesia at the forefront of this surge

G20 from the backroom: Amitabh Kant on navigating crises and consensus

Kant describes with ill-concealed glee how slack-jawed reporters reacted when a joint communique was indeed accepted as the New Delhi declaration of the G20

India must lead in sunrise sectors to reach $32 trn economy by 2047: Kant

India's G20 Sherpa Amitabh Kant on Friday said the country needs to become a global champion in sunrise sectors to achieve the target of becoming a developed nation and USD 32 trillion economy by 2047. Addressing the 'Bharat Climate Forum 2025', Kant further said the US, Europe and India have lost the art of manufacturing, and this will have huge implications for the global economy. "My belief is that without India becoming a global champion in sunrise sectors, we would not be able to achieve the target of becoming a developed nation by 2047, we will never be able to become a USD 32 trillion economy," he said. Kant pointed out that in solar panel manufacturing, Indian industries are 5-7 years behind the curve. Noting that India's industry is persistently focusing on fossil fuel vehicles, he said, "If you do not become a manufacturer of electric vehicles (EVs), then you will lose the EV market globally". The former Niti Aayog CEO said if India does not make a major radical shift ..

Circular economy may create over 10 mn jobs by 2050: Amitabh Kant

India's circular economy could generate a market value of over USD 2 trillion and create 10 million jobs by 2050, the country's G20 Sherpa Amitabh Kant said Monday. Addressing an event here, Kant further said the circular economy can be a driver of growth, and this transition not only promises cost savings but also positions India to capitalise on the global circular economy market. "This is a huge opportunity because, by 2050, India's circular economy could generate a market value of over USD 2 trillion and create close to 10 million jobs," he said. Currently, the size of the Indian economy is USD 3.7 trillion. Noting that industrialisation and urbanisation are creating an unsustainable India, Kant said, "We need circular economy as a beacon of hope". The country's natural resources are depleted at an unsustainable pace, generating massive amounts of waste. While pointing out that India is generating about close to 1.6 lakh tonnes of municipal solid waste per day, he said this .

India bringing legacy of New Delhi declaration: Kant ahead of G20 Summit

Kant noted that the New Delhi declaration was progressive and was focused on the visions of PM Modi

Debroy's insights into economics shaped policy, inspired many: Amitabh Kant

Bibek Debroy's insights into economics shaped policy and inspired many, said India's G20 sherpa Amitabh Kant in his condolence message on Friday. Debroy (69), who was the chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), died on Friday morning. "I'm deeply saddened by the passing of Bibek Debroy. His insights into economics shaped policy and inspired many. He was a brilliant mind, and an incredibly kind soul who genuinely cared for the betterment of society," Kant said in a post on X. Kant further said he fondly remember working with Debroy and being struck by his patience, and ability to articulate complex issues with unmatched clarity. "You will be dearly missed Bibek. We have lost one of India's brightest minds today," he said. Debroy was an alumnus of Ramakrishna Mission School, Narendrapur and Presidency College, Kolkata. He studied in Delhi School of Economics and then went to Trinity College, Cambridge. Former NITI Aayog vice chairman Rajiv Kumar ..