An empowered committee headed by NITI Aayog CEO on Friday approved 32 beneficiaries under the production linked incentive scheme for large scale electronics manufacturing, including 10 for mobile manufacturing, the Aayog said. The Aayog in a tweet said the Parameswaran Iyer-headed committee approved the first incentive for mobile manufacturing under the PLI scheme for large scale electronics manufacturing. This is the first-ever disbursement under any PLI scheme, it added. "32 beneficiaries were approved under the #PLIscheme for Large-Scale Electronics Manufacturing, of which 10 (5 global and 5 domestic companies) were approved for mobile manufacturing," NITI Aayog said. The government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, pharma, textiles, advance chemistry cell and speciality steel. The objective of the scheme is to make domestic manufacturing globally competiti
Iyer, a 1981-batch IAS officer of Uttar Pradesh cadre, spearheaded the government's Swachh Bharat Mission to eradicate open defecation by constructing over 90 mn toilets in rural India
The man who helmed the Swachh Bharat mission once worked as a journalist and cut vegetables in a hotel
India's central bank is on course to bring down prices but the retail inflation rate is likely to remain above the top end of its mandated target band until December, Governor Shaktikanta Das said
He will have a tenure of two years; incumbent Amitabh Kant's term ends on June 30.
In a Q&A, the NITI Aayog CEO asserts that all sectors, not just manufacturing or services, will have to grow for India's economic transformation
Aadhaar has become the "bedrock" for the government's welfare schemes and has saved over Rs 2 trillion to the government by "eliminating fake and duplicate identities", says NITI Aayog CEO
India has done extremely well on the vaccination front and the challenge for the country is to grow 8-9 per cent over the next three decades, Niti Aayog CEO Amitabh Kant said on Tuesday.
Kant further said that India will grow if the country can use power of its private sector
Amitabh Kant said that the time is ripe for the EV industry to instill a sense of confidence in consumers the way global automakers do by voluntarily recalling their vehicles over fire risks
Covid has exposed a need for efficient healthcare delivery system, said NITI Aayog CEO, adding that technology and research solution that provide data-based information quickly is the need of the hour
Indian start-ups are disrupting the world and women-based entrepreneurship is one of the vehicles for realising a more equal society, Niti Aayog CEO Amitabh Kant said on Monday
The Indian economy is growing at 9.2 per cent and is expected to grow at similar rates in the coming years, Niti Aayog CEO Amitabh Kant said on Monday. While referring to the government's production linked incentive (PLI) scheme for sunrise sectors, Kant said it will add USD 520 billion to India's output in the next five years and make India a part of the global supply chain. "Today India is witnessing unprecedented levels of economic development and technological disruptions. The economy is growing at 9.2 per cent and is expected to grow at similar rates in the coming years, making us one of the fastest-growing large economies in the world," Kant said at an AIMA event. The country has taken several measures to maximise efficiency and several reforms have been taken by the government in that direction such as GST, Insolvency & Bankruptcy Code, lowering of corporate taxes, etc, he noted. This will help make India a global manufacturing champion and manufacturing hub, Kant ...
NITI Aayog CEO Amitabh Kant on Tuesday said the country's policies need to be pro-innovation, light touch and progressive, as also they should be benchmarked against the world's best.
Says basic philosophy of this govt is that wealth is created by private sector so things must be made easy for them; govt must act as a facilitator and catalyst
Kant also expressed concern about the state of nutrition among children as he pointed out that it is happening because of lack of "convergence" between various departments.
India's efforts in mainstreaming sustainability and reducing carbon footprint should inspire countries across the world, Niti Aayog CEO Amitabh Kant said
Kant calls on industry to focus on digitisation and green tech
This is the third extension since he took charge of the public policy think tank in 2016.
NITI Aayog CEO Amitabh Kant said that path to India's economic recovery post pandemic lies in attempting to focus on capturing the export markets, and push for consumer demand as the economy opens up.