Niti Aayog Ceo

AI impact may affect 2 million jobs in India's tech sector: NITI Aayog

To turn disruption into opportunity, the NITI Aayog has recommended the launch of a National AI Talent Mission as a nationally coordinated effort to make India the AI workforce capital of the world

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 Aayog CEO confident of early India-US trade pact, urges lower tariffs

NITI Aayog CEO BVR Subrahmanyam on Monday exuded confidence that a trade agreement would be concluded between India and the US soon, as both countries are committed to having a mutually beneficial bilateral trade pact. Subrahmanyam also said that India should lower tariffs and non-tariff barriers and open its markets to improve competitiveness in manufacturing. "So the good thing is, both sides are still committed to having a trade deal. So negotiations happened last month, so I think both sides are hopeful," he told reporters while launching 'Trade Watch Quarterly' here. The ties between New Delhi and Washington have come under severe stress after US President Donald Trump doubled tariffs on Indian goods in August to 50 per cent, including an additional 25 per cent duty on India's purchase of Russian crude oil. India had described the US action as "unfair, unjustified and unreasonable". Asked to comment on the impact of a whopping 50 per cent tariffs on Indian goods, Subrahmanyam

Niti Aayog urges early focus on 2D materials to lead semicon future

Niti Ayog on Thursday called for an early push to the development of 2D materials for chips in the country to gain the leadership position in the semiconductor segment instead of playing the catch-up game with the world in the technology space. According to NITI Aayog fourth edition report of Future Front Quarterly Insights series, the 2D materials are roughly 8 lakh times smaller than the tip of a pencil and despite its thinness they are 200 times stronger than steel and conduct electricity more efficiently than copper. The report said that the world of two-dimensional (2D) materials is a frontier that promises to reshape the future of semiconductors, energy, electronics, and quantum computing. "You need to invest in people, R&D, in creating supply chains and finally products and manufacturing. I think we need to create the entire ecosystem for 2D. We missed the bus in semiconductor, and today we are playing the catch-up game," NITI Aayog CEO BVR Subrahmanyam said while releasing

Niti Aayog's recommendations aim to streamline homestay regulations

Niti Aayog proposes a model policy framework to make homestays and BNBs more accessible and to promote tourism growth through simplified registration processes and incentives.

Data errors should be minimal, need to follow Japanese standards: Niti CEO

BVR Subrahmanyam says India must drive down error rates in welfare delivery to Japanese precision levels to avoid exclusions, fund loss and policy distortion

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'

NITI Aayog's Chand outlines 5 priority areas to lower carbon footprint

Ramesh Chand outlines a five-point agenda to cut agriculture's carbon footprint, urging policy reform in pricing, input efficiency and climate-suitable cropping

NITI Aayog bats for working capital support for medium companies

According to the revised classification norms announced in the FY26 Budget, medium enterprises can invest up to Rs 125 crore and have a turnover limit of Rs 500 crore

India overtakes Japan to become world's 4th largest economy: NITI Aayog CEO

India has become the fourth largest economy in the world, overtaking Japan, NITI Aayog CEO B V R Subrahmanyam said on Saturday. Briefing reporters after the 10th Governing Council meeting of Niti Aayog, Subrahmanyam said overall geopolitical and economic environment is favourable to India. "We are the fourth largest economy as I speak. We are a USD 4 trillion economy as I speak," he said. Citing IMF data, Subrahmanyam said India today is larger than Japan. "It is only US, China, Germany, which are larger than India and if we stick to what is being planned and what is being thought through, in 2.5-3 years, we will be the third largest economy," Subrahmanyam. Responding to a question on US President Donald Trump's recent statement that he expects Apple iPhones that will be sold in the US to be manufactured in America and not India, or anyplace else, Subrahmanyam said, "What the tariff will be, is uncertain. Given the dynamics, we will be cheap place to manufacture." He also said th

PM Modi to chair meeting of Niti Aayog Governing Council on May 24

Prime Minister Narendra Modi will chair NITI Aayog's Governing Council meeting on May 24, according to official sources. The agenda of the meeting is being firmed up, they said. The governing council -- the apex body of NITI Aayog -- includes all chief ministers, lieutenant governors of Union Territories, and several Union ministers. Modi is the Chairman of NITI Aayog. Generally, the full council meeting happens every year and last year it was held under the chairmanship of Modi on July 27. The first meeting of the council took place on February 8, 2015.

Indian economy to surpass Germany, Japan in 3 years: NITI Aayog CEO

The Indian economy will be bigger than Germany and Japan in the next three years, and also it could become the second largest economy by 2047, NITI Aayog CEO B V R Subrahmanyam said on Thursday. Addressing an event here, Subrahmanyam further said India can become an education hub for the world as the single biggest advantage it has, keeping all other things aside, is its democracy. "Currently, the Indian economy is the fifth largest in the world. End of next year, we will be the fourth largest. Year after that will be the third largest," he said. According to the latest IMF data, size of India economy currently stands at USD 4.3 trillion. "We will be bigger than Germany and Japan in three years' time. By 2047, we could be the second largest economy (USD 30 trillion)," he added. Subrahmanyam urged Indian companies, including law firms and accounting firms to aspire to become world leaders. The NITI Aayog CEO noted that problems faced by middle-income countries are very different f

Niti Aayog seeks fiscal support to boost auto component manufacturing

NITI Aayog on Friday suggested the government to provide fiscal incentives for auto components manufacturing and to develop brownfield large-scale auto clusters for positioning India as a key player in global automotive markets. The report titled "Automotive Industry: Powering India's Participation in Global Value Chains" was launched by NITI Aayog Vice Chairman Suman Bery. The report envisions the country's automotive component production growing to USD 145 billion, with exports tripling from USD 20 billion to USD 60 billion by 2030. "The government should provide operational expenditure (Opex) support to scale up manufacturing capabilities, with a focus on capital expenditure (Capex) for tooling, dyes, and infrastructure," it said. It outlines several strategic fiscal and non-fiscal interventions aimed at enhancing India's global competitiveness in the automotive sector. "The government should also support cluster development for fostering collaboration between firms through com

Working to boost our role in global value chain for MSMEs: Niti Aayog CEO

Niti Aayog is working on a programme to improve India's penetration into global value chains for growth of domestic micro, small and medium enterprises (MSMEs), CEO of the government think-tank B V R Subrahmanyam said on Wednesday. Observing that MSMEs are more affected by regulations than large companies, he said the prime minister has taken a major step towards deregulation and a task force under the cabinet secretary is working on it. Subrahmanyam was addressing a gathering after launching 'the Digital Excellence for Growth and Enterprise', or 'Dx-EDGE', a platform to empower MSMEs with the tools, knowledge and ecosystem needed to become future-ready, competitive and resilient. Dx-EDGE is a national initiative spearheaded by CII with the support of NITI Frontier Tech Hub (NITI FTH) and All India Council for Technical Education (AICTE) to drive digital transformation across India's MSMEs. The Niti Aayog CEO further said it is a fact that some of the big manufacturers have moved t

Govt plans National Green Financing Institution to meet climate goals: NITI

The government is working to set up a National Green Financing Institution to support its net-zero target by 2070, as current finance flows for climate initiatives remain much lower than the desired levels, NITI Aayog has said. "A dedicated National Green Financing Institution may be envisaged to bridge the huge gap," the Aayog said in its annual report 2024-25. It added that the primary purpose of the institution will be to aggregate green capital from different sources and lower the cost of capital. NITI Aayog said it is examining structuring mechanisms for operationalising a potential National Green Financing Institution, including a bank modelled on NaBFID/NABARD, repurposing existing institutions like IREDA; Climate Fund in GIFT city, Green InvIT, etc. (non-exhaustive) along with analysing best practices from Green Banks around the world. As part of its climate commitments or Nationally Determined Contributions (NDCs) submitted to the United Nations Framework Convention on ...

Centre extends tenure of NITI Aayog CEO Subrahmanyam by one year

The Centre has extended the tenure of NITI Aayog Chief Executive Officer (CEO) B V R Subrahmanyam by one year, according to a Personnel Ministry order. Subrahmanyam, a 1987-batch retired Indian Administrative Service (IAS) officer of Chhattisgarh cadre, was in February 2023 appointed to the post for a period of two years. The Appointments Committee of the Cabinet has approved extension in Subrahmanyam's tenure as NITI Aayog CEO for a period of one year beyond February 24, 2025, the order said.

Bold reforms, energy security crucial for Viksit Bharat 2047: Niti Aayog

Bold reforms, sustainable energy strategies, and a leadership role in global trade would be key to achieve Viksit Bharat by 2047, government think tank NITI Aayog has said. Trade liberalisation, tariff reductions, and technological collaborations were explored as potential avenues to enhance India's global trade standing, it said. The observations were made by panellists at a conclave titled 'Towards Viksit Bharat @ 2047: Strengthening Economy, National Security, Global Partnerships, and Law', which was organised by NITI Aayog in New Delhi on Thursday. The panellists stressed the need for increased private sector investment in research and development, fiscal consolidation, and integration into global supply chains. "The consensus was that bold reforms, sustainable energy strategies, and a leadership role in global trade would be key to achieving Viksit Bharat by 2047," it said. According to the Aayog, sovereign credit ratings, energy security, and access to critical raw materials

India needs 2,500 universities to accommodate 50% students: NITI Aayog CEO

In order to have 50 per cent students in universities, India needs to double the varsities' strength to 2,500, NITI Aayog CEO BVR Subrahmanyam has said. Delivering a keynote address at the Indian School of Business (ISB) here on Friday, he said though one university and two colleges were opened every week in the past ten years, only 29 per cent of the age cohort enroll in the varsities. Subrahmanyam also said that with a huge digital infrastructure, India has become the biggest laboratory in the digital world where one can experiment at a scale. "Today we have 1,200 universities and slightly more than four crore students, but that's only 29 per cent of the cohort age enroll in the university system. Actually, at least 50 per cent of the students should be in colleges. "We need to double the colleges and universities in the country. The country needs 2,500 universities. It may look like a lot of universities are not up to the mark or whatever, but the fact is, you need those numbers

India should be part of RCEP, CPTPP: Niti Aayog CEO BVR Subrahmanyam

India should be a part of the Regional Comprehensive Economic Partnership and Comprehensive and Progressive Agreement for Trans-Pacific Partnership, Niti Aayog CEO BVR Subrahmanyam said on Thursday. India pulled out of the RCEP in 2019 after entering negotiations in 2013. The RCEP bloc comprises 10 ASEAN group members (Brunei, Cambodia, Indonesia, Malaysia, Myanmar, Singapore, Thailand, the Philippines, Laos and Vietnam) and their six FTA partners - China, Japan, South Korea, Australia and New Zealand. "India should be a part of RCEP (Regional Comprehensive Economic Partnership) and CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) and become a member," Subrahmanyam said at an event organised by industry body Assocham. CPTPP is a free trade bloc spanning five continents, made up of Pacific rim countries of Canada, Mexico, Peru, Chile, New Zealand, Australia, Brunei, Singapore, Malaysia, Vietnam and Japan. "I don't think we have captured the 'China plus o

India should join China-backed Asian trade bloc, says NITI Aayog CEO

In 2019, India decided to not join the bloc, on the grounds that the deal would hurt its farmers, businesses, workers and consumers