Page 8 - Niti Aayog

PM Modi to chair meeting of Niti Aayog Governing Council on May 24

Prime Minister Narendra Modi will chair NITI Aayog's Governing Council meeting on May 24, according to official sources. The agenda of the meeting is being firmed up, they said. The governing council -- the apex body of NITI Aayog -- includes all chief ministers, lieutenant governors of Union Territories, and several Union ministers. Modi is the Chairman of NITI Aayog. Generally, the full council meeting happens every year and last year it was held under the chairmanship of Modi on July 27. The first meeting of the council took place on February 8, 2015.

NITI Aayog proposes easing eligibility for loan subsidy for MSMEs

Government think tank NITI Aayog has pitched for relaxing eligibility criteria for schemes that offer subsidies for capital and interest on loans at the state level to enhance competitiveness of micro, small and medium enterprises (MSMEs) in the country. The Aayog in a report titled 'Enhancing MSMEs Competitiveness in India' also suggested making skill development initiatives easily accessible, especially for MSMEs that face challenges due to their location or size. "At the state level, lowering eligibility barriers for schemes that offer subsidies for capital and interest on loans will better address the financing needs of MSMEs throughout their lifecycle," the report said. Given their success in providing credit to MSMEs, especially in remote areas, it said non-banking financial companies (NBFCs) need to scale up their operations. The report suggested that a crucial step in this process is for SIDBI to play a significant role by providing funding to help NBFCs improve their ...

Indian economy to surpass Germany, Japan in 3 years: NITI Aayog CEO

The Indian economy will be bigger than Germany and Japan in the next three years, and also it could become the second largest economy by 2047, NITI Aayog CEO B V R Subrahmanyam said on Thursday. Addressing an event here, Subrahmanyam further said India can become an education hub for the world as the single biggest advantage it has, keeping all other things aside, is its democracy. "Currently, the Indian economy is the fifth largest in the world. End of next year, we will be the fourth largest. Year after that will be the third largest," he said. According to the latest IMF data, size of India economy currently stands at USD 4.3 trillion. "We will be bigger than Germany and Japan in three years' time. By 2047, we could be the second largest economy (USD 30 trillion)," he added. Subrahmanyam urged Indian companies, including law firms and accounting firms to aspire to become world leaders. The NITI Aayog CEO noted that problems faced by middle-income countries are very different f

NITI Aayog calls for reforms to treble auto parts exports in five years

The report envisions India advancing to approximately $145 billion in automotive component manufacturing by 2030

More than 57% of gig workers experience stress during instant deliveries

Around 56.5 per cent of gig workers believe that 60-minute deliveries allow them to earn more profit while completing more orders without the pressure of constant urgency

Raising money as important as managing debt: FM Nirmala Sitharaman

FM says, when it comes to finances of the country there can be no politics

FM Sitharaman to launch NITI-NCAER portal on state finances on April 1

The NITI NCAER States Economic Forum portal aims to enhance data accessibility and provide valuable insights into India's economic landscape at the state level

India may gain as US imposes fresh tariffs on China, others: NITI Aayog

Apart from the additional tariffs that have been imposed on Mexico, China and Canada by the US, these countries account for 50 per cent of the US's total imports, which stands at over $3 trillion

Absolute poverty virtually eliminated, says Niti Aayog's Arvind Virmani

Share of those falling under the 'vulnerable' category has dropped to 15 per cent from over 50 per cent 12 years ago

Absolute poverty almost eliminated from India: NITI Aayog member

Vulnerability will be eliminated in seven years

India must prepare for greater responsibilities: NITI Aayog's Suman Bery

Echoing a growing sentiment from the top echelons of the government, Bery expressed disappointment over India Inc's reluctance to invest substantially in the economy

Quantum technology has risks of strategic blind spots: NITI Aayog

NITI Aayog announced the launch of Frontier Tech Hub which will accelerate India's transition into a frontier tech nation

India needs multi-pronged approach to tap quantum potential: NITI paper

India needs to look at a multi-pronged approach to ensure national security in the quantum computing era as well as have bilateral partnerships for rapid adoption of emerging technologies, according to a NITI Aayog research paper released on Wednesday. The NITI Frontier Tech Hub (NITI-FTH) in partnership with Data Security Council of India released the paper on the rapid evolution of quantum computing, its implications on national security and what is needed for India to get ahead of the curve to shape its trajectory. NITI Aayog CEO B V R Subrahmanyam released the paper. The paper said a strategic framework is essential to navigate the opportunities and threats posed by quantum computing. "A proactive, multi-pronged approach will ensure national security remains resilient in the quantum era," it said and called for establishing bilateral partnerships for rapid adoption, especially the modalities that offer scalability. The NITI-FTH has been established as a Frontier Tech Action Tan

NITI Aayog plans policy for medium-size firms to aid their growth

Nageswaran said MSMEs should shed their fear of growth and transform across scales - from micro to small, from small to medium, and from medium to large enterprises

Agriculture was, is and will remain India’s strength: Niti Aayog’s Ramesh Chand

Agriculture was, is and will remain India’s strength: Niti Aayog’s Ramesh Chand

India an 'agri tiger' with untapped potential, says Niti Aayog's Suman Bery

India an 'agri tiger' with untapped potential, says Niti Aayog's Suman Bery

Jobs, agri, women, and tech: NITI's Bery outlines 4-pronged growth plan

The vice chairman added that a major challenge in the way of this endeavour is that manufacturing is becoming increasingly capital intensive

Agriculture remains India's strength, but what about farmer? Experts debate

BS Manthan: Experts discussed the future of agriculture in India and whether the sector remains profitable for its participants, especially small farmers

India's agri, labour reforms key to growth amid global shifts: Suman Bery

Niti Aayog's Suman Bery highlighted the need for agricultural reforms, labour formalisation, and increased women workforce participation to sustain India's growth amid shifting global dynamics

BS Manthan: Niti Aayog's Suman Bery to speak on fiscal problems, SDG goals

Suman Bery's session at BS Manthan in New Delhi promises to offer valuable insights into how India can institutionalise Sustainable Development Goals at the grassroot level while addressing challenges