Niti Aayog

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

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

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

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

At the second edition of BS Manthan, Business Standard's annual flagship summit, experts will debate whether agriculture is India's strength or weakness now

The government is working to set up a National Green Financing Institution to support its net-zero target by 2070, as current finance flows for climate initiatives remain much lower than the desired levels, NITI Aayog has said. "A dedicated National Green Financing Institution may be envisaged to bridge the huge gap," the Aayog said in its annual report 2024-25. It added that the primary purpose of the institution will be to aggregate green capital from different sources and lower the cost of capital. NITI Aayog said it is examining structuring mechanisms for operationalising a potential National Green Financing Institution, including a bank modelled on NaBFID/NABARD, repurposing existing institutions like IREDA; Climate Fund in GIFT city, Green InvIT, etc. (non-exhaustive) along with analysing best practices from Green Banks around the world. As part of its climate commitments or Nationally Determined Contributions (NDCs) submitted to the United Nations Framework Convention on ...

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)

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.

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

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

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, 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

Panel to submit report on taking blending beyond 20%

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

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

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

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