Just 350,000 of India's estimated 12 million end-of-life vehicles were scrapped through authorised channels between August 2022 and July 2025, highlighting gaps in the scrappage ecosystem
The government needs to resuscitate privatisation of public sector undertakings (PSUs) as well as public sector banks (PSBs) as it is integral to India's economic reforms, former NITI Aayog vice chairman Arvind Panagariya said on Monday. Panagariya also advocated creating an independent privatisation ministry to accelerate the government's disinvestment agenda, as the Department of Disinvestment has been unable to maintain the pace of privatisation. "I firmly believe that, regardless of fiscal pressures, the privatisation of PSUs and most public sector banks is integral to our economic reforms," he told PTI in an interview. Panagariya said aggressive PSU and bank privatisation should proceed regardless of the West Asia crisis and geopolitical uncertainties. "Modernisation of the economy as a part of our India@2047 movement, we need to resuscitate the PSU and PSB privatisation," he said. Under Panagariya, the then NITI Aayog vice chairman, the government think tank had pursued the
NITI Aayog's Himanshu Joshi said Indian agri- and water-tech startups should adopt technologies for new markets and move beyond basic problem-solving to tackle regulatory challenges
CM Mohan Charan Majhi said Odisha recorded 7.9 per cent growth in FY26 while maintaining fiscal discipline and accelerating investments in infrastructure, human development and industry
Chief ministers used the NITI Aayog Governing Council meeting to seek support for infrastructure, semiconductor and development projects, while Andhra Pradesh flagged demographic sustainability
India continues to move forward on its growth trajectory with confidence and determination, amid global uncertainty and instability, Prime Minister Narendra Modi said on Thursday. As India progresses towards achieving the vision of Viksit Bharat, the country's collective responsibility becomes even greater, Modi said while chairing the 11th meeting of the Governing Council of NITI Aayog. "The world is passing through a period of uncertainty and instability, yet India continues to move forward on its growth trajectory with confidence and determination," NITI Aayog said in a social media post on X, quoting Modi. The Prime Minister said India has signed free trade agreements with many countries to create new opportunities for growth and exports. "These agreements also present a significant opportunity for our MSMEs, enabling them to prepare for global markets by adhering to international standards and enhancing competitiveness," he added. Modi said India's demographic dividend is a .
Country must create efficient farm markets and replace subsidies with direct income transfers, the NITI Aayog vice chairman said
Prime Minister Narendra Modi will chair the 11th Governing Council meeting of NITI Aayog on Thursday to deliberate on the approach to realise the government's vision of inclusive human development for Viksit Bharat @2047 and translate it into concrete, measurable outcomes for every citizen across the country. This year's Governing Council meeting will bring together chief ministers and lieutenant governors to discuss the 'Inclusive Human Development Framework', anchored around four core pillars--foundational human capital and future-ready skills; productive employment, entrepreneurship and decentralised growth; health, nutrition and wellbeing; and equity and dignity for all, according to an official statement. Measures to promote entrepreneurship, enhance skilling, and create sustainable employment opportunities across the country will also be discussed in the meeting, it added. The discussions will focus on collectively charting an implementation roadmap that leverages key enablers
Industry seeks access to updated vehicle-registration records, saying poor traceability and documentation issues could hamper compliance with end-of-life vehicle recycling norms
NITI Aayog projects that India's semiconductor demand will hit $206 billion by 2035 - a five-fold jump from the estimated $44 billion in FY26
The government has constituted six sector-specific working groups to identify as many as 100 products for promoting their domestic manufacturing and reducing import dependence, an official said. "The aim is to promote indigenisation of those products," the official said. The groups will discuss the list of items for the purpose, and the final list prepared by them will be submitted to the cabinet secretariat within three weeks. The six groups are on pharmaceuticals, biotech and medical devices; chemicals and petrochemicals, textiles and footwear; capital goods, automotive and electric vehicles, advanced capital goods; energy; construction equipment and infrastructure; and defence and aerospace (only for items with civilian applicability) and electronics. The members of these groups are from different ministries and departments, including commerce, DPIIT, Niti Aayog, pharmaceuticals, economic affairs, science and technology, chemicals, textiles, heavy industry, ports and shipping, .
Niti Aayog says India must build a $120-150 billion semiconductor value chain by 2035 through strategic investments, advanced packaging, and ecosystem development
More Indian women are seeking business and retail loans, but nearly two-thirds still remain outside the formal credit system
The NITI Aayog paper recommends state-run recruitment agencies, foreign-language training and digital dashboards to connect skilled workers with overseas jobs
India should significantly enhance its investment in research and development from the current level of 0.64 per cent to at least 2 per cent of GDP in the next four to five years to strengthen the country's R&D ecosystem, Niti Aayog said on Monday. The Aayog, in a report titled Ease of Doing Research & Development in India - Removing Obstacles, Promoting Enablers, said the government should consider restoring a 5 per cent GST slab for R&D procurement. "To strengthen India's R&D (research and development) ecosystem, there is an urgent need to significantly enhance the national investment in R&D, from the current level of 0.64 per cent to at least 2 per cent of GDP in the next four to five years," it noted. The report also suggested that India needs to introduce time-bound, incremental fiscal incentives to boost private sector investment in R&D. According to the report, adding the reporting head of R&D expenditure under Schedule III (Balance Sheet & ...
NITI Aayog's administration division reportedly instructed programme directors and division heads to suspend all scheduled in-person events
From Modi's austerity appeal and India's learning crisis to geopolitical trade shifts, AI accountability and public health reforms - here are today's key Opinion takeaways
Govt looking to clear regulatory 'cholesterol': Gauba
At the CII Annual Business Summit 2026, Rajiv Gauba said India must move from "prohibited unless permitted" to "permitted unless prohibited" to deepen reforms
Addressing industry representatives, Sarangi highlighted the issue of regional concentration of renewable energy capacity