Niti Aayog

Regulation must manage risks while supporting growth: NITI Aayog's Gauba

The NITI Aayog member said regulation should be calibrated to risk while remaining predictable for businesses

Govt should retain zero-fee UPI for few more years: NITI Aayog's former VC

NITI Aayog's former vice-chairman Rajiv Kumar on Monday suggested the government to continue with zero-fee UPI transactions for at least a few more years until the currency-to-GDP ratio shows some tendency to decline, and then review the situation. Kumar told PTI that he is not in favour of charging any fee from merchants for using UPI for any transaction value, and the government should treat it as a public good with extensive positive externalities. "Their overall benefits well far outweigh the cost of Rs 20,000 crore that the public exchequer has to bear for maintaining the UPI infrastructure. "...so let's continue with zero-fee UPI transactions for at least a few more years until the currency-to-GDP ratio shows some tendency to decline," he said. While 96 per cent of unit transactions are less than Rs 2,000, it is estimated that nearly 66 per cent of transactions by value are above this level. "This presents a very significant opportunity for transactions to shift back to cash

Delhi tops NITI Aayog's electric mobility index 2025, Maharashtra follows

The index assesses states and UTs on key parameters such as transport electrification, electric vehicle (EV) charging infrastructure, and research and innovation

India needs inclusive growth to become developed country by 2047: NITI CEO

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

Next-generation reform architecture to be defined by deregulation: Gauba

Niti Aayog Member Rajiv Gauba says the next phase of reforms must dismantle the maze of permissions, approvals and renewals burdening businesses and citizens

UPI data can help bring informal sector into formal credit: NITI's Lahiri

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

Ladakh's development must leverage its unique strengths: NITI Aayog

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

Best of BS Opinion: India needs outcome-linked policy measures for jobs

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.

Alternative pathways to more jobs

New markets and stronger demand from lower-income households can drive productive employment

Skilling to 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

Which Indian manufacturing sectors are actually becoming self-reliant?

India is moving beyond assembly in several industries, yet gaps in critical components and upstream manufacturing continue to limit domestic value addition

Reimagining skilling, not reengineering

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

NITI Aayog proposes rethinking the school-degree-job pipeline: Here's how

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

Who is Anurag Jain, the new NITI Aayog CEO succeeding BVR Subrahmanyam?

Anurag Jain recently served as Madhya Pradesh chief secretary, where he helped frame nearly 30 sector-specific investment policies covering trade and industry

NITI Aayog's remedy for manufacturing: Clusters and lower costs

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 behavioural econ norms can reshape governance: NITI VC

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 ..

NITI Aayog spent only 25% of FY26 Budget allocation for Atal Mission

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

NITI Aayog's Gauba calls for land reforms to boost affordable housing

States and municipal authorities need to unlock land, ease development norms and improve access to finance to lower project costs and attract private investment

India must sustain 9.25% growth for 21 years to achieve 2047 goal: Lahiri

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

Niti proposes caregiver policy, eyes global shortage as opportunity

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.