Indian exporters are poised to strengthen their presence in the US market as rivals like China, Mexico, and Canada face higher tariffs ranging up to 50%, as against India's 10%, says NITI Aayog report
In 2024, India's bilateral trade (merchandise) with the US stood at $123.8 billion, with a trade surplus of $37.7 billion for India
India's leadership needs to mobilise all necessary talent to design and implement a development strategy and respond to challenges facing the country, said a new book co-authored by former NITI Aayog Vice Chairman Rajiv Kumar. The book titled 'Everything All at Once: India and the Six Simultaneous Global Transitions', co-authored by Kumar with Ishan Joshi, offers a timely and thought-provoking perspective on the seismic changes currently reshaping the world with a significant impact on India's future prospects. "India's leadership has to mobilise all necessary talents and resources to design and implement a development strategy that innovatively responds to these multiple challenges and effectively exploits the opportunities that are inherent in the evolving trends for meeting our goals," the book says. Noting that never before in the history of global economic development did countries have to contend with such enormous challenges while pursuing their development agenda, the book .
Indian exports to the US will become more competitive following imposition of higher tariffs by the Trump administration on countries, including China, Canada, and Mexico, NITI Aayog said in a report on Monday. The Aayog in its third edition of 'Trade Watch Quarterly', said there will be significant opportunities for India in the US markets both in terms of the number of products and volume of the US market. "India is expected to gain competitiveness in 22 out of the top 30 categories (HS 2 level), representing a market size of USD 2,285.2 billion," the Aayog said. It further explained that China, Canada, and Mexico are the leading exporters to the US in these categories, therefore higher tariffs on these countries at 30 per cent, 35 per cent, and 25 per cent, respectively, will enhance India's competitiveness. The Aayog said India's competitiveness will remain unchanged in 6 out of 30 categories, amounting for 32.8 per cent exports to the US and 26 per cent of the US total imports
The West Bengal CM said that the issue raised legitimate concerns about the rigor and reliability of Niti Aayog's work
The error, found in the "Summary Report for the State of West Bengal" published on NITI Aayog's website, incorrectly depicted the territory of Bihar in place of West Bengal
Hnahthial in Mizoram topped the region, followed by Champhal in the same state
The paper called for lower tariffs on soybean and corn from the US, both of which would be genetically modified, while their byproducts could hurt the domestic processing industry and ethanol makers
Today's pieces span multiple issues, from overseas acquisitions by PSUs, PLI schemes' success, the proposed India-US BTA, and the debilitating effect of quality issues across sectors
To close the GDP gap with China, MSMEs, e-commerce, states, logistics growth, and the private sector must work synergistically, with time-bound targets and rewards
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
This initiative also arises from India's need for a clear pathway to identify data trajectories in its net-zero exercise
Cities are complex, decentralised systems where economic, ecological and social dynamics interface. Urban transformations cannot be achieved by simply scripting outcomes for these interactions
Niti Aayog CEO BVR Subrahmanyam says new manufacturing mission will focus on clean tech, skilling, and structural reforms for a $7.5-trillion economy by 2047
Tamil Nadu Chief Minister M K Stalin has said his participation in the NITI Aayog meeting was considering deliberations over India's growth plans. He rejected accusations from opposition parties in this regard. Writing to party cadres on Sunday, Stalin said, as soon as the news of his participation in the NITI Aayog meeting on May 24 spread, political rivals were rattled and they began showing malice as usual. Such opponents derived happiness by posing questions on his non-participation in the NITI meeting held in previous years, he said. Also, they levelled allegations that he was meeting Prime Minister Narendra Modi in order to escape from the Enforcement Directorate's "action" following the central agency's searches in the state-run liquor corporation (TASMAC, Tamil Nadu State Marketing Corporation) premises in connection with an alleged scam, he said. No other party has been targeted by central agencies, including the CBI and ED, like the DMK. Still, the party is only legally
These include precise and achievable targets by 2030 and 2035, in addition to the broader 2047 target of making India a $30 trillion economy
IMF projects India's GDP to cross Japan's in FY25; NITI Aayog chief says India will surpass Germany in 2.5-3 years to claim third-largest economy spot
West Bengal Chief Minister Mamata Banerjee on Saturday skipped the NITI Aayog's Governing Council meeting in New Delhi, sources in the state secretariat said. The reason for Banerjee's absence remains undisclosed, they added. Addressing the meeting, Prime Minister Narendra Modi said that global investors are hugely interested in India and the states should utilise this opportunity to attract investments by removing policy bottlenecks, as he stressed that if the Union government and states work together like Team India, no goal is impossible. It was also the first major interaction between the PM and the CMs following Operation Sindoor. Till Saturday evening, there was no official confirmation on whether the West Bengal government was represented at the meeting. Trinamool Congress (TMC) spokesperson Kunal Ghosh declined to comment on the state's participation. "This is completely a matter of the state government. We will not comment on this. When the CM or the state government fee
Punjab Chief Minister Bhagwant Mann on Friday accused the Centre of giving "step-motherly" treatment to Punjab and said such type of discriminatory treatment is unwarranted. Participating in the meeting of 10th Governing Council of the Niti Aayog here, the chief minister raised the issues concerning the state while reiterating that Punjab has no surplus water for any state. Amid the ongoing row over the sharing of water issue, the chief minister asserted that in wake of grim situation of water in the state a Yamuna-Sutlej-Link (YSL) canal should be considered for construction instead of the Satluj Yamuna Link (SYL) canal. Mann said that Ravi, Beas, and Sutlej rivers are already in deficit and water should be diverted from surplus to deficit basins. He said that Punjab has repeatedly requested to be included in negotiations for the allocation of Yamuna waters as a pact for Yamuna-Sutlej-Link Project was signed between the erstwhile Punjab and Uttar Pradesh on March 12, 1954, which .
Tamil Nadu Chief Minister M K Stalin on Saturday sought the Centre to enhance the state's share in central taxes to 50 per cent and also underscored the necessity for a dedicated urban transformation mission in the state. Speaking at the Niti Aayog meeting in New Delhi, he demanded a rightful 50 per cent share for states in central taxes.' We currently receive only 33.16 percent against the promised 41, the Chief Minister said in a post on the social media platform X. He further said on the lines of Amrut 2.0, I stressed the need for a dedicated urban transformation mission, as Tamil Nadu is the most urbanised state in India. Also, I urged a #CleanGanga-style project for Cauvery, Vaigai and Thamirabarani, with names in English for national coherence and regional pride, Stalin said.