India has made reasonable progress on economic growth, and it needs inclusive growth to become a developed country by 2047, NITI Aayog CEO Anurag Jain said on Friday. Speaking at the Global Fintech Fest 2026, Jain said some states have done extremely well on health and education parameters as well. "But there are certain states which are lagging behind, so we need to concentrate on them also," Jain said. He said India has a good foundation to achieve prosperity by 2047 through economic inclusion, where everyone has reasonable education and access to skills for gainful employment or entrepreneurship. "We want inclusive growth for becoming a developed nation ... At the same time, on the income side, when you measure the per capita income, it is not only that ... we need to ensure how many people are actually the lowest 10 per cent or 20 per cent of the population," Jain said. Talking about technology, he said nobody knows what the future is going to be like. "I am confident that what
Niti Aayog Member Rajiv Gauba says the next phase of reforms must dismantle the maze of permissions, approvals and renewals burdening businesses and citizens
NITI Aayog's Ashok Lahiri said transaction data generated through UPI could improve credit appraisal and risk pricing, helping bring MSMEs into the formal lending system
NITI Aayog Vice Chairman Ashok K Lahiri has emphasised that Ladakh's development strategy should build on its unique strengths, including its natural resources, cultural heritage and renewable-energy potential. He stressed that these advantages must be harnessed in a manner that ensures environmental sustainability and generates livelihood opportunities for the people of the Union territory. Lahiri was chairing a meeting with senior administrative officers, including chief secretary Ashish Kundra, here to review the ongoing projects and key challenges in infrastructure, connectivity, education, tourism, energy, water and employment, an official spokesperson said on Sunday. In the meeting on Saturday, Kundra briefed everyone about Ladakh's finances and highlighted major economic challenges facing the the Union territory. , along with sector-wise GSDP (Gross State Domestic Product), GSVA (Gross State Value Addition) and employment trends. Responding to the chief secretary's request f
Today's opinions examine India's skilling and employment mismatch, BIS certification reform, outcome-linked training, Colgate's D2C experiment and a new history of the East India Company.
New markets and stronger demand from lower-income households can drive productive employment
Workplace exposure also needs to be expanded because 80 per cent of learners cite inadequate practical experience and industry exposure as a major gap in their degrees
India is moving beyond assembly in several industries, yet gaps in critical components and upstream manufacturing continue to limit domestic value addition
A reimagined skilling system must be built around the changing world of work: What is changing, how fast, and how to responds to rapid changes, and counterintuitive shifts
India needs to move beyond simply expanding higher education and training more people and instead build a system that better connects education, skills and employment, NITI Aayog said in a report
Anurag Jain recently served as Madhya Pradesh chief secretary, where he helped frame nearly 30 sector-specific investment policies covering trade and industry
The think tank has identified 12 sectors in which India can aspire to global leadership by 2047, with the first volume focusing on chemicals, textiles, telecom and solar PV
Institutionalising the principle of behavioural economics can make governance more citizen-centric, outcome-oriented and fiscally efficient, Niti Aayog Vice Chairperson Ashok Lahiri said at an event.. While speaking at the inaugural Cheistha Kochhar Nudge Awards 2026, Lahiri said that the most important lesson he learnt from behavioural economics was not what a rational choice should be but how to make rational people actually behave. He said Jan Dhan Yojana and the LPG subsidy reforms demonstrate applications of behavioural principles to sanitation, gender equality, financial inclusion, and subsidy delivery. "India can institutionalise this approach through behavioural audits, field experiments, and the use of digital public infrastructure to test, measure, and rapidly scale what works. This can be Scale works. This can make governance more citizen-centric outcome-oriented and fiscally efficient," Lahiri said. The Cheistha Kochhar Nudge Awards, which have been instituted by New ..
The Ministry cited the need for "fresh due diligence" of beneficiaries as the reason for the under-utilisation - an explanation the Committee was unconvinced by
States and municipal authorities need to unlock land, ease development norms and improve access to finance to lower project costs and attract private investment
NITI Aayog Vice-Chairman Ashok Lahiri says India must sustain 9.25 per cent annual nominal growth for 21 years, backed by reforms, to achieve developed-country status by 2047
The government think tank has recommended a national caregiver policy, a dedicated council and a qualification framework to build a skilled workforce and tap rising domestic and global demand.
Calling for sustained dialogue between policymakers and the young generation, former NITI Aayog Vice Chairman Rajiv Kumar said that the rise of Artificial Intelligence has created uncertainty and frustration among Indian youth regarding future job opportunities and employability. In an interview with PTI Videos, Kumar said that India's youth is very uncertain and very unclear about the future because of Artificial Intelligence (AI). "This is generating fears of both employability and employment generation," he said while replying to a question about youth's anger and recent NEET-related protests. Kumar said the recent periodic labour force survey (PLFS) data has shown that the youth unemployment rate in India for the 1529 age group has stood at around 20 per cent. "Now, if you are faced with their circumstances, then of course you will be frustrated. And, I think this is why we need to have an on-going dialogue with the youth," he said. According to the Periodic Labour Force Surve
States now account for nearly a third of India's total government debt, says a NITI Aayog report, urging them to follow fiscal deficit norms
Despite topping NITI Aayog's Investor Friendliness Index, Gujarat's exports have declined for three years as falling petroleum shipments expose risks of sectoral dependence