Niti Aayog Report

Only 3% of end-of-life vehicles scrapped in three years: NITI Aayog

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

Fiscal index topper Odisha charts Viksit Bharat growth path at NITI meet

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

Domestic plants to meet half of India's semiconductor demand by FY35: Meity

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

Women account for 26% of India's credit, portfolio hits ₹76 trillion

Women now account for 26% of India's credit system, with outstanding portfolio rising to Rs 76 trillion, driven by digital lending and growth in entrepreneurship

Trade powerhouse Gujarat's record slips over petroleum product exports

Relying on the volatile sector has caused the state's share of national exports to slide

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

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

India sees $52.3 bn services surplus in Q3 FY25; offsets goods deficit

NITI Aayog's Trade Watch report cites strong growth in IT, consulting, and R&D services exports in the October-December 2024 quarter, helping offset the widening merchandise trade deficit

Rajasthan industry body urges govt to set up chemical hub in state

Five chemical hubs are currently being established in India - Visakhapatnam (Andhra Pradesh), Dahej (Gujarat), Paradip (Odisha) and two places in Tamil Nadu

Strengthen data quality to build digital trust, says NITI Aayog report

According to NITI Aayog's report, while India has laid strong digital foundations, the focus must now shift towards the reliability of data flowing through these platforms

Woman credit seekers up 3x in 5 years, says Niti Aayog & Cibil report

Women borrowers increased at 22% CAGR between 2019 and 2024

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

Improved sanitation reduces child malnutrition: NITI Aayog working paper

Need to develop state-level grids for sewage and solid waste, says Aayog

Niti Aayog working to deepen corporate bond markets, says annual report

Niti Aayog is working on proposals to deepen the corporate bond markets to achieve an alternative to bank finance for borrowers, the government think tank said in its Annual Report 2023-24. The corporate bond market, seen as an alternative to bank finance for borrowers, helps companies to raise long-term funds at competitive costs. "The vertical is in the process of developing a holistic research buttressed with key policy recommendations to deepen the corporate bond markets to achieve an alternative to bank finance for borrowers," it said. The report said corporate bond markets are an efficient cost-minimisation process for long-term funding and contribute significantly to financial stability. "It is a mechanism for supporting the bank for long-term lending against relatively shorter-tenor liabilities and helping the insurance companies and pension fund holders to diversify their portfolios while spreading or distributing the risks and managing the liquidity gap," it added. The .

Need to become a $30 trn economy with $18,000 per capita income: NITI paper

India needs to strive to be a USD 30 trillion economy with a per capita income of USD 18,000 per annum by 2047, the approach paper for vision for Vikshit Bharat in 2047 has said. NITI Aayog in a paper titled 'Vision for Viksit Bharat @ 2047:An Approach Paper' said India needs to avoid the Middle-Income trap and carefully work towards breaking out of it. "As for the economy, to become a developed nation, we need to strive to be a USD 30 trillion economy by 2047 with a per capita income of USD 18,000 per annum. "The GDP would have to grow nine times from today's USD 3.36 trillion and the per capita income would need to rise 8 times from today's USD 2,392 per annum," it said. The paper also noted that progressing from a middle-income to a high-income level requires sustained growth in the range of 7-10 per cent for 20-30 years and very few countries have managed to do this. Defining the concept of Vikshit Bharat, the paper said it is a Bharat which will have all the attributes of a ..

Latest NSSO consumer survey indicates poverty down to 5%: NITI Aayog CEO

The latest consumer expenditure survey indicates that poverty has come down to five per cent in the country and people are becoming prosperous both in rural and urban areas, NITI Aayog CEO B V R Subrahmanyam said on Sunday. The National Sample Survey Office (NSSO), under the Ministry of Statistics and Programme Implementation, released data on household consumption expenditure for the year 2022-23 on Saturday which shows per capita monthly household expenditure more than doubled in 2022-23 as compared to 2011-12. "This long-awaited consumer expenditure survey has brought out many things. With data on household consumption, we can assess what is the status of poverty in the country and how successful the poverty alleviation measures have been, Subrahmanyam told reporters. "The survey findings indicate that poverty in India is below five per cent now. I am convinced with the data, he said. He said that for the purpose of the survey, people were kept in 20 different categories and the

Need to boost maize yields for meeting ethanol demand: NITI Aayog member

NITI Aayog member Ramesh Chand on Wednesday stressed on the need to increase maize yields to meet the demand for ethanol production. Addressing a workshop on maize here, Chand said that achieving the higher maize productivity is crucial for increasing the maize production in the country, as per an official statement. Speaking on the occasion, Agriculure Secretary Manoj Ahuja emphasised the pivotal role of the private sector in formulating progressive strategies for the maize sector, positioning maize as the crop of opportunity. He also stressed on adoption of high-yielding seed varieties, cluster demonstration, procurement policy, and the necessity for the industry to collaborate with farmers for propelling maize production and ensuring better remuneration for farmers. Special Chief Secretary in the Punjab government K A P Sinha mentioned about challenges related to diversifying from paddy/wheat to maize in the state. He stressed the need for infrastructure, machinery, incentives

NITI Aayog to develop action plan to bridge trade deficit with China

Government think tank NITI Aayog has initiated a study to develop a comprehensive action plan to bridge India's trade deficit with China over time and align trading strategies with emerging geopolitical situation and potential risks to safeguard supply chains. The Aayog has invited bids from consultants to lead the two studies in areas of reducing trade gap with China and boosting local manufacturing. The move also comes against the backdrop of simmering tensions between India and China since the Galwan clash in June 2020. "The centrality of China to lndia's supply chain in certain industries raises dependency and vulnerability of the lndian supply chains and production networks particularly during crisis situations such as the COVID-I9 and geopolitical conflicts. "The study would aim to develop a comprehensive action plan to bridge the trade deficit over time and align trading strategies with emerging geopolitical situation and potential risks to safeguard supply chains," the Aayo

'Govt allocated Rs 100 cr for Aspirational Blocks Programme this fiscal'

The government in this financial year has allocated Rs 100 crore for the Aspirational Blocks Programme (ABP), which aims to improve governance at the block level, in order to enhance the quality of life of citizens, a top government official said on Saturday. The Aspirational Blocks Programme is being implemented in 500 aspirational blocks across 329 districts in the country. Prime Minister Narendra Modi launched the nationwide programme on January 7. "The government has allocated Rs 100 crore for the Aspirational Blocks Programme in 2023-24... We expect that all 500 backward blocks will reach the state average in terms of development," the official said on the condition of anonymity. Out of 500 aspirations blocks, 160 blocks are part of the 112 aspirational districts. Uttar Pradesh has the maximum number of blocks (68) under this programme, followed by Bihar (61) and Madhya Pradesh. NITI Aayog would undertake ranking of Blocks every quarter based on their performance, the officia