Niti Aayog

Farm sector can maintain 4% growth for a decade: Niti Aayog's Ramesh Chand

India's agriculture sector can easily maintain a 4 per cent growth rate over the next 10 years, and the country needs to enhance its warehouse infrastructure, Niti Aayog member Ramesh Chand said on Thursday. Addressing an event organised by industry body PHDCCI, Chand said agricultural products' demand will grow at 2.5 per cent. "So, I feel that we can easily assume, easily maintain this 4 per cent growth in the agriculture sector in the next 10 years," he noted. India's agriculture sector recorded a growth rate of 3.7 per cent during the first quarter of 2025-26. "But our agricultural products' demand is not rising at that rate. So, either use these products for industry or tap the export market. I feel tapping the export market is a much better option," Chand added. Warehousing requirements for rice and wheat are not different, but in the case of maize, it is different, he said. Chand noted that regulations are important in influencing investment decisions in warehousing, if th

No BIS certification required: QCOs for plastics, synthetic fibres scrapped

The directive, which came into effect on November 12, aims to improve raw material availability for downstream industries

Balanced public-private role vital for India's energy sector: Suman Bery

Niti Aayog Vice Chairman Suman Bery on Thursday said a balanced mix of public and private participation is crucial to achieve efficiency, resilience, and innovation in the energy sector. Berry made the remarks while addressing the Energy Security Conference organised by the Confederation of Indian Industry (CII) here. "The structure of our energy market, particularly in hydrocarbons, needs careful rethinking. A balanced mix of public and private participation will be critical to achieving energy efficiency, resilience, and innovation," a statement quoted the Vice Chairman as saying. Bery called for a review of the current market structure of India's energy sector, saying the traditional dominance of public-sector enterprises in hydrocarbons and electricity generation must evolve to reflect the changing realities of the energy transition, CII said in a statement. He said energy security is not just about ensuring supply, it is about affordability, diversification, and resilience. Th

Value for money: Toll rates should be linked to road quality, performance

The goal should not merely be to raise more revenue but to design a system that ensures value for every rupee paid - one that is transparent, predictable, and performance-based

Piyush Goyal defends QCOs amid calls to suspend 200 product orders

The commerce minister said QCOs are aimed at improving product quality and boosting domestic manufacturing, even as a NITI Aayog panel seeks their suspension

QCOs: Why ensuring their smooth implementation is need of the hour

So far, a total of 187 QCOs covering 769 products have been notified for compulsory certification of BIS by various departments/ ministries of the government

National highway toll framework faces first overhaul in 17 years

IIT Delhi study to guide NITI Aayog's framework revision

NITI panel calls for reset of 200+ quality orders stifling factory output

High-level panel led by NITI Aayog's Rajiv Gauba proposes scrapping or easing QCOs on over 200 products to cut compliance burden and boost manufacturing competitiveness

Chandigarh, Delhi have highest share of services in GVA: NITI Aayog report

The report used 22 major states/UTs for the analysis. At the all-India level, the share of services in GVA stood at 54.5 per cent in 2023-24

Manufacturing the one cylinder that isn't firing: NITI's Suman Bery

Bery called for the future of manufacturing success to be built through fostering regional clusters focused on local competitive advantages and not a uniform national approach

Services sector risks falling into 'low-wage job trap': NITI Aayog report

Behind the boom lies a fragile core: informality and poor pay still define India's largest employer, says a NITI Aayog report

Still dreaming of the deep sea: India's blue economy and its blind spots

If India truly has such promise in the deep sea, why has modern fishing there never taken off?

NITI Aayog calls for rapid expansion, mordenisation of fishing fleet

NITI Aayog has called for rapid expansion and mordenization of the fishing fleet and expanding market access, to promote the country's blue economy. The Aayog has also pitched for scaling up operations and strengthening monitoring and surveillance mechanism. The report titled 'India's Blue Economy' emphasised on the need of capacity building and research in this field. It also noted that choice of technique must be carefully aligned with the target species, vessel capabilities, and regulatory frameworks that promote sustainable fishing practices. To promote fish exports, the report also called for establishing framework and addressing critical infrastructure gaps. India has an extensive maritime area, with a coastline stretching over 11,098 km across nine coastal states and four union territories. The country has a long history of marine fishing with a focus traditionally on coastal and inshore resources. The thriving fisheries sector contributes significantly to the national ec

NITI Aayog calls for pruning tax offences from 35 to six in new paper

The new paper proposes a three-tier approach to decriminalise minor tax offences and retain criminal liability only for wilful and high-value evasion

Mission Digital ShramSetu: NITI's plan to empower 490 mn informal workers

The report titled "AI for Inclusive Societal Development" emphasises that AI will not automatically transform the informal sector as technology alone cannot break systemic barriers

Listen to NITI Aayog: Boost trade competitiveness to strengthen economy

It is important for India to focus on expanding exports. External demand can be an important source of sustaining high growth, as demonstrated by several Asian countries in recent decades

India must have strong trade ties with neighbours including China: NITI CEO

India should have strong trading arrangements with its neighbours including China, which is a USD 18 trillion economy that cannot be avoided, NITI Aayog CEO BVR Subrahmanyam has said. Subrahmanyam also indicated that after GST 2.0, another set of reforms is expected to be announced before Diwali. He said NITI Aayog member Rajiv Gauba-led committee has already submitted its first set of reports on these reforms. He further said that while the entire European Union trades 50 per cent within itself, Bangladesh is India's 6th biggest trading partner and Nepal used to be in the top 10, stressing on the need to increase trade with neighbouring countries. "It is a misfortune that we are in a very difficult geography. Who are the biggest trading partners of the US? Mexico and Canada. It is natural. If you do not have strong neighbourhood trading arrangements, you actually are at a disadvantage...If you are competitive, they will buy your stuff," he said. Responding to a question on lifting

NITI proposes measures to ease foreign firms' operations in India

The recommendation appears in the think tank's latest Tax Policy Working Paper Series - 1 released on Friday

GDP gap between high- and low-income states worrisome: Suman Bery

High-income states, which account for 26 per cent of India's population, contribute 44 per cent of GDP, while low-income states, with 38 per cent of the population, generate only 19 per cent of GDP, a divergence that is worrisome, NITI Aayog Vice-Chairman Suman Bery said. Delivering a lecture on India's Macro Challenge: Generating and Financing a Big Investment Push' at the 6th Economics Conclave at the School of Economics, University of Hyderabad here, on Monday, he said, "The development strategy that's appropriate for Tamil Nadu and for Bihar or Uttar Pradesh will necessarily be very different." "And so it is the case that there has been divergence, and that's something we need to worry about. As you see, high-income states account for 26 per cent of the population but 44 per cent of GDP, while low-income states have 38 per cent of the population but only 19 per cent of GDP," he said. Bery added, "I do want to bring to the Indian context the point that I made in a global ...

India must invest in sovereign data infra, AI skilling for a new economy

NITI Aayog projects AI could add up to $1 trillion to India's GDP by 2035, but success depends on sovereign infrastructure, skilling, and responsible adoption