Page 3 - Niti Ayog

Govt reconstitutes NITI Aayog; new ministers join as members, spl invitees

The vice chairman and full-time members of the apex public policy think tank remain unchanged

NITI Aayog's report backs Bihar govt's demand for special category status

Bihar government ministers claimed that the latest report of NITI Aayog's Sustainable Development Goals (SDG) India Index 2023-24 vindicated the state's long-standing demand for greater central financial assistance. NITI Aayog on July 12 released SDG India Index 2023-24. Bihar has figured at the bottom, despite improvements on some parameters, in the SDG Index India that makes an assessment of sustainable development. Commenting on NITI Aayog's latest SDG Index, senior JD (U) leader and Bihar Water Resources Minister, Vijay Kumar Chaudhary, told PTI, "The latest report of Aayog has vindicated our long-standing demand for greater central financial assistance..this is the reason that we have been asking for special category status (SCS) or special package for Bihar which is managing its finances on its own. But Bihar comes among the poorest states in the country." He said "Bihar is the most deserving state that needs special financial assistance from the Centre. The economy of Bihar i

India to clock GDP growth of 7% in FY25: NITI Aayog member Arvind Virmani

The Indian economy will grow around 7 per cent in the current fiscal year and is on track to maintain a similar growth rate for several years, NITI Aayog member Arvind Virmani said on Friday. Virmani said there are new challenges facing the country and they will have to be dealt with. "Indian economy will grow at 7 per cent plus minus point 0.5 per cent... I expect that we are on track to grow at 7 per cent for several years from today," he told PTI in an interview. Last month, the Reserve Bank of India (RBI) pegged the FY25 gross domestic product (GDP) growth rate at 7.2 per cent. Responding to a question on the decline in private consumption expenditures in the last fiscal year, Virmani said it is actually recovering now. "The effect of the pandemic was to draw down savings... and very different from previous financial shocks," he said. Explaining further, Virmani said it is like what he calls a double drought situation. "We also had, of course, El Nino last year, but what the

PM Modi to chair NITI Aayog's ninth Governing Council meet on July 27

Prime Minister Narendra Modi will chair NITI Aayog's ninth Governing Council meeting on July 27, which will discuss the 'Vikshit Bharat@2047' document to make India a developed nation, a senior government official said on Monday. The council, the apex body of NITI Aayog, includes all state chief ministers, lieutenant governors of Union Territories, and several Union ministers. Modi is the Chairman of NITI Aayog. NITI Aayog's Governing Council will meet on July 27. "Ahead of the Council meeting, Finance Minister Nirmala Sitharaman will likely give a glimpse of the Viksit Bharat vision and action plan in the Budget on July 23," the official said. A vision document is being prepared for India to become a developed economy of USD 30 trillion by 2047, the 100th year of its independence. In 2023, NITI Aayog was entrusted with the task of consolidating the 10 sectoral thematic visions into a combined vision for Viksit Bharat @2047. The vision encompasses various aspects of development, .

Centre monetised Rs 3.85 trn worth of assets as part of NMP since FY22

Vaishnaw has in the past said on the question of monetisation that railways is a public good and decisions would only be taken keeping the larger good of the masses in mind

Union Minister Vaishnaw launches NITI Aayog's digital public infra platform

Union Minister Ashwini Vaishnaw on Thursday launched government think tank NITI Aayog's platform 'NITI For States', a digital public infrastructure for policy and governance. Vaishnaw, the Minister of Communication, Railways and Electronics & IT, also inaugurated the 'Viksit Bharat Strategy Room' at NITI Aayog. The 'Viksit Bharat Strategy Room' will enable visualization and engagement with insights, sharing of information and knowledge to enable effective in-person decision-making. A multi-sectoral live repository of 7,500 best practices, 5,000 policy documents, over 900 datasets, 1,400 data profiles, and 350 NITI publications will be part of the new platform, according to an official statement. The knowledge products on the platform span 10 sectors, including agriculture, education, energy, health, livelihoods and skilling, manufacturing, MSME, tourism, urban, water resources and WASH (water, sanitation and hygiene) across two cross-cutting themes -- gender and climate ...

Union min Baghel inaugurates 1st National Public Health India conference

He said that programs are also being run by the Health Ministry regarding the elimination of Kala-azar. Apart from this, the rural housing scheme also has an important contribution to this

India, Singapore pact in climate finance has promising future: NITI Aayog

The cooperation between India and Singapore in the field of green finance has a promising future, NITI Aayog Vice Chairman Suman Bery has said, asserting that the two countries can work within the framework laid out in the G20 New Delhi Leaders' Declaration on sustainable finance. The three-day Singapore visit of the National Institution for Transforming India (NITI) Aayog's vice-chairperson came under the Distinguished Visitors Programme (DVP) of Singapore's Ministry of Foreign Affairs. It aimed to strengthen bilateral ties and foster mutual cooperation across all levels, according to the foreign affairs ministry here. India and Singapore can make something quickly and important happen in terms of green finance-climate finance within the framework that has been laid out in the New Delhi Leaders' Declaration on sustainable finance, he said after concluding the visit to understand thinking among planners in the city-state. Adopted on September 9 last year, the G20 New Delhi Leaders'

Third anniversary the of world's largest Covid vax drive: The inside story

It is important to counter the simplistic notion that Covid-19 vaccine development and production represented a significant new advancement

In 9 years, 248 mn moved out of multidimensional poverty: NITI Aayog

The paper estimated that the share of multidimensional poor in the Indian population declined sharply to 11.28 per cent in 2022-23, from 29.17 per cent in 2013-14

Home health care industry sees demand rising in India's smaller cities

Industry provides at-home care and assists patients needing rehabilitation after hospitalisation

India could be third largest economy in 2026: Ex Niti Aayog VC Panagariya

Today, India is the world's fifth-largest economy, preceded, in ascending order, by Germany, Japan, China, and the United States of America (USA)

India's experience of manufacturing GDP growth different: NITI member

India's experience has been different compared to the rest of the world in terms of the rise and peaking of its manufacturing GDP, NITI Aayog member Arvind Virmani said on Wednesday, while stressing on creation of a competitive economy. Addressing an event organised by the Institute for Studies in Industrial Development (ISID), Virmani further said India has positioned itself in the last ten years with policy reforms related to product and services space. "India's experience has been different compared to the rest of the world in terms of the rise and peaking of its manufacturing GDP and then a plateau that has been witnessed for the last many years," he said. According to Virmani, the country has put in dynamism for entrepreneurship and startups, and has instituted public sector and institutional reforms. "There is a need of the creation of a competitive economy and not just a few monopoly segments with reduced information barriers and breaking asymmetric information circuits," he

India retains 40th rank in Global Innovation Index 2023, Switzerland tops

India's Global Innovation Index ranking has improved 26 places from 66th in 2013 to 40th in 2023

National Health Authority to host 2-day Arogya Manthan event in Delhi

The two-day event (September 25-26) at Vigyan Bhawan, New Delhi will be filled with insightful discussions and deliberations on challenges, trends, and best practices related to the two schemes

Agro-chemical industry can grow 9% despite Chinese competition: NITI Aayog

India's agro-chemical industry has the potential to grow more than the current nine per cent notwithstanding the competition from China, government think tank Niti Aayog member Ramesh Chand said on Wednesday. Chand also observed that many Western countries are shifting from agrochemicals to biopesticides and the Indian industry needs to pay attention to this aspect. He urged the Agro Chem Federation of India (ACFI) to come out with a document on ease of doing business in agrochemicals. The Niti Aayog member was addressing a panel discussion on the occasion of the sixth annual general meeting of ACFI in the national capital. "The agrochemical industry has achieved a miracle growth of nine per cent... much of this growth rate has happened during the Covid-19 pandemic years when the production activities were seriously disrupted," he said. Despite economic and production disruptions, the domestic agrochemical industry had shown an impressive growth between 2017-18 and 2022-23, he ..

Commerce ministry seeking views of NITI on draft bills on 5 cash crops

The commerce ministry is seeking views from different ministries and government think tank Niti Aayog on draft bills pertaining to five cash crops like tea and tobacco, an official said. The ministry has circulated separate notes for the bills related to cash crops of tea, coffee, spices, rubber and tobacco, which seek to promote their growth and create a conducive environment for businesses by decriminalising minor offences, the official said. After taking the comments, the ministry will approach the Union Cabinet for approval on the drafts of the Spices (Promotion and Development) Bill; the Rubber (Promotion and Development) Bill; the Coffee (Promotion and Development) Bill; the Tea (Promotion and Development) Bill; and the Tobacco Board (Amendment) Bill. In 2022, the Department of Commerce proposed the repeal and updation of decades-old laws on these sectors and to introduce new legislation with a view to promoting their growth and creating a conducive environment for ...

Goal of achieving green transition, Viksit Bharat goes hand-in-hand: Bery

The 2-day workshop discussed the prospects and challenges of green and sustainable growth globally

Tesla can have significant impact on India's EV mkt: NITI's Randheer Singh

In a conversation with Ruchika Chitravanshi, Singh, whose stint at the think tank ended on Friday, says the EV segment in India is seeing interest from global players such as Tesla

Effect of subsidy cut? Daily e2W sales decline 62% in June, so far

Though industry players feel the subsidy cuts will help the sector in the longer run, e2W players who have raised the prices of their vehicles are worried about their near-term future