Page 5 - Niti Aayog

NITI Aayog forms panel to create a roadmap for transforming AIIMS

Government think tank NITI Aayog has formed a committee to create a roadmap aimed at transforming AIIMS, New Delhi, into a premier institution for medical research and practice. The mandate of committee led by NITI Aayog member V K Paul involves thoroughly examining the existing systems and processes at AIIMS and proposing significant reforms along with specific timelines for their implementation, the Aayog said in its annual report 2024-25. The Terms of Reference include identifying ways to streamline patient inflow, developing Key Performance Indicators (KPIs) to ensure optimal clinical, academic, and research outcomes, enhancing governance and transparency, and recommending strategies for financial prudence, sustainability, and self-sufficiency in managing AIIMS. The report also said that NITI Aayog, in partnership with CSEP Research foundation has attempted to examine the experiences of various countries that have adopted strategies for achieving Universal Health Coverage (UHC)

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.

India must expand skilling in healthcare to meet global demand: VK Paul

Niti Aayog Member V K Paul on Saturday emphasized the need to expand skilling initiatives beyond traditional medical education, balancing quality with quantity. India's care sector is at a crucial juncture, requiring a strengthened workforce to meet both national and global demands, a statement said. In a summit - Transforming the future of the skilled workforce in the care sector 'organised by NSDC International here, Paul emphasized the need to expand skilling initiatives beyond traditional medical education, balancing quality with quantity, the statement said. NSDC International is a wholly-owned subsidiary of National Skill Development Corporation (NSDC). Talking about skilling initiatives, Paul said that the NSDC International is playing a pivotal role in this effort, ensuring care professionals trained in India are globally employable. He highlighted the importance of evolving curriculum, strengthening regulatory frameworks, and scaling up skill-based training programmes to

Best of BS Opinion: A Carpe Diem moment for Indian policymakers

The rapid growth of AI, success of mobile phone manufacturing, the index for states' fiscal health and labour shortages all point to opportunities for policymakers

How India can achieve rapid growth to achieve 'Viksit Bharat 2047' goal?

India must adopt a focused approach in the coming years to achieve Viksit Bharat by 2047. Achieving 8-10% growth is possible with coordinated, growth-focused policies at both central and state levels

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

Centre charting 5-year road map to boost ethanol blending in petrol

Panel to submit report on taking blending beyond 20%

Fiscal health check: NITI Aayog's initiative will inform policymaking

The FHI covers 18 large states and has been developed with a focus on five sub-indices: The quality of expenditure, revenue mobilisation, fiscal prudence, debt index, and debt sustainability

Glad that Odisha emerged at top in fiscal health in NITI report: Patnaik

With Odisha emerging as a top performing 'achiever' among the states listed in NITI Aayog's first Fiscal Health Index (FHI) report for 2022-2023, BJD president and former chief minister Naveen Patnaik on Saturday said it is heartening to see the state in the number one position from financial bankruptcy. Chief Minister Mohan Majhi also lauded the state's achievement. In a post on X, he said, "Odisha tops the ranking in fiscal health among 18 major states in the country. With a cumulative score of 67.8 Odisha excels at the top followed by Chhattisgarh and Goa. As per the Niti Aayog report, the achiever states display strong fiscal health, excelling in revenue mobilisation, expenditure management, and debt sustainability." However, Patnaik was "glad" as the achievement came during his tenure as the chief minister of Odisha. "Glad to share that #Odisha has emerged the No-1 state in fiscal management across the country with highest overall fiscal health score of 67.8% in 2022-23, as per

Hailing the freelance economy as it expands across global professions

Freelancers in the United States contribute significantly to the country's economy, with earnings totalling approximately $1.27 trillion in 2023

Niti Aayog seeks balance between govt and corporate debt markets: Bery

Niti Aayog is exploring ways to realign the balance between the very deep government debt market and the corporate debt market, a top official said on Friday. The government think tank will also examine the possible impact of any moves which may be aimed at deepening the corporate debt market, its vice chairman Suman Bery said at an event here. "A ...balance that we are going to have to get right is between corporate debt and government debt, and exactly what that takes in terms of both fiscal adjustment and in terms of the liquidity in the corporate debt market. These are issues that we have been exploring at Niti (Aayog)," Bery said at an event organized by the Sebi-promoted NISM here. The government securities market is very deep for many years now, helped by policies like a mandatory statuary liquidity ratio (SLR) for banks which ensures that the government has adequate resources to carry out its developmental agenda. There is also a very active secondary market where such bonds

Meity targets $500 bn electronics production by 2030 with detailed strategy

Meity is in the final stages of putting together a production linked incentives (PLI) scheme for electronic components

NITI Aayog urges reforms to ease worker housing near industrial hubs

To truly unleash the potential of India's manufacturing sector, there is a need to think of dense, large-scale housing for workers as infrastructure

PM Modi stresses fundamental change in the mindset for Viksit Bharat

The meeting was chaired by the Prime Minister and attended by Finance Minister Nirmala Sitharaman, Chief Economic Adviser V Anantha Nageswaran, and NITI Aayog officials

NITI Aayog pushes for funding to build quarters for workers near factories

The programme is likely to be undertaken by providing VGF to private developers to keep dormitory rentals in check and reduce commuting costs and safety concerns for workers in industrial hubs

NITI Aayog invites EoI for doing research on 'cost of doing biz in India'

Government think tank NITI Aayog has invited expression of interest for undertaking research on 'Cost of Doing Business in India' (CoDB), as India faces strong competition from countries like Vietnam, China, and Indonesia, which offer lower operational costs in key sectors. In a notice, Niti Aayog said the cost of doing business is a pivotal factor influencing the competitiveness of an economy, encompassing the expenses businesses incur to establish, operate and expand. "For a rapidly growing economy like India understanding these costs is essential to fostering a conducive business environment and attracting investment. "Despite India's significant reforms to improve its business climate, it faces strong competition from countries like Vietnam, China, and Indonesia, which offer lower operational costs in key sectors," it said. According to the notice, in the wake of the pandemic, shifts in global trade, investment, and supply chains, coupled with growing concerns about economic an

Govt gives NITI V-C Suman Bery additional charge as chairman of EAC-PM

NITI Aayog vice chairman Suman Bery has been given additional charge as the chairman of the Economic Advisory Council to the Prime Minister (EAC-PM) about a month ago, a senior government official said on Monday. He replaced Bibek Debroy, who died on November 1. Debroy, a key economic adviser to the prime minister whose prolific work included those related to economic theory, income inequality, and infrastructure financing, was admitted to the AIIMS on October 31. "Bery has been given additional charge of EAC-PM as its chairman about a month ago," the official told PTI. EAC-PM is an independent body constituted to give advice on economic and related issues to the Government of India, specifically to the prime minister. At present, the composition of EAC-PM is: Sanjeev Sanyal (member), Shamika Ravi (member), Rakesh Mohan (part-time member), Sajjid Chinoy (part-time member), Neelkanth Mishra (part-time member), Nilesh Shah (part-time member), T T Ram Mohan (part-time member) and .

PM Narendra Modi to address chief secys at NITI Aayog meet on Saturday

According to sources, Prime Minister Narendra Modi will chair the conference on Saturday and Sunday, and is expected to address states' top officials

Improved sanitation reduces child malnutrition: NITI Aayog working paper

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

Finance Commission team arrives in Kerala for 3-day visit

Members of the 16th Finance Commission, led by former NITI Aayog vice chairman Arvind Panagariya, have reached Kerala for a three-day visit, as part of holding consultations for preparing its report. The team was accorded a reception at the international airport here on Sunday under the aegis of state Finance Minister K N Balagopal. According to Balagopal, a detailed memorandum has been prepared to be submitted to the commission. Kerala would make the presentation with proposals to resolve the "imbalance" in the distribution of tax share to the state, he had said, adding that the state would also convince the Finance Commission regarding the steps to be taken to provide the deserving grants on time. On Monday, the Commission would visit Thiruvarpu and Aymanam panchayat areas in Kottayam, and by evening, they will arrive at Kovalam, an official statement said. On Tuesday at 9.30 am, Chief Minister Pinarayi Vijayan will officially receive the Commission's chairman and members at the