Page 2 - Niti Aayog

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

NITI Aayog paper advocates use of herbicide-tolerant seeds for pulses

NITI Aayog suggests developing herbicide-tolerant pulses varieties and including pulses in welfare programs like PDS to boost domestic production and ensure self-sufficiency in pulses production

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

Gen-next economic reforms: Big ticket projects, slashed compliances

These include an ambitious push for big-ticket projects, projecting India as a destination for major investments, and slashing the compliance burden on enterprises and citizens

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.

Centre asks banks to extend long-term loans for electric mobility

The government is set to have a laser sharp focus on e-trucks in India's EV transition journey, which - according to Niti Aayog's findings in a recent report - have virtually not taken off

Siam makes a case for N1 commercial vehicles' inclusion in PM E-DRIVE

Their inclusion is vital for reducing carbon emissions, strengthening energy security, improving operational cost efficiency, and supporting small businesses

Govt, NITI Aayog to revise toll fee framework amid overcharging complaints

PAC seeks time-bound completion of study, full audit of NHAI amid plaints

Move over incentives, time for 'soft' mandates on EVs: Niti Aayog

Niti Aayog suggests the government shift focus from incentives to "soft" mandates for electric vehicles (EVs), aiming to increase EV adoption through regulations, disincentives, and targeted policies

NITI Aayog pitches for National EV policy with clear targets, timelines

Government think tank Niti Aayog on Monday pitched for a National EV policy with clear targets and timelines to fast-track India's electric mobility transition. The Aayog, in its report titled 'Unlocking a USD 200 Billion Opportunity: Electric Vehicles in India', further recommended expanding corporate average fuel efficiency (CAFE) norms to a wider segment of vehicles. The report called for establishing a National EV policy with clear targets and timelines, and a regulatory framework with phased EV mandates. It also pitched for a clear policy, with target timelines, for zero-emission vehicle (ZEV) adoption. "Create a pooled fund with contributions from the public budget and multilateral development banks for providing lower-interest loans for the procurement of e-buses and e-trucks," the report said, and suggested designing and launching an appropriate scheme to channel funds. The Aayog also called for prioritising service delivery models over asset procurement, shifting capital

Delhi, Maharashtra, Chandigarh lead in NITI's Electric Mobility Index

Delhi, Maharashtra and Chandigarh have emerged as frontrunners in NITI Aayog's first India Electric Mobility Index (IEMI) which assesses performance across three themes of EV adoption, charging infrastructure readiness and EV technology and innovation. The Aayog in it's report titled 'India Electric Mobility Index 2024' evaluated all Indian states and Union Territories across 16 indicators under three core themes. According to the Aayog, Delhi, Maharashtra and Chandigarh have emerged as frontrunners in the overall IEMI score, reflecting the robust ecosystems. In transport electrification, Delhi and Maharashtra are the frontrunners while Haryana, Karnataka, Ladakh and Hamachal Pradesh lead in charging infrastructure readiness. In terms of EV research and innovation, the Aayog said Delhi, Tamil Nadu, Maharashtra, Karnataka, Haryana and Telangana stand out as frontruners. According to the Aayog, currently 29 states and UTs in India have notified EV policies, with four in draft stage

Healthcare body seeks regulatory reforms in meeting with Niti Aayog

Nathealth has proposed a digital single-window system to Niti Aayog to ease the healthcare sector's compliance load, citing inefficiencies and duplication across ministries

Welcoming the dragon: India can gain from easing restraints on Chinese FDI

The NITI Aayog's proposal for Chinese companies to acquire stakes of up to 24 per cent would also balance investor interests with misgivings in Indian policy