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India is proving to be a source of solutions in multiple areas, including public service delivery and digitalisation, NITI Aayog Vice Chairperson Suman Bery said. Bery also said that by putting the SDGs at the heart of its G20 presidency, India has acknowledged that these are an almost sacred commitment by the global community to its less advantaged people. India is proving to be a source of solutions in multiple areas, be it public service delivery, be it digitalisation, even for multinational corporations, the so-called global capability centres, Bery told PTI in an exclusive interview here. Both in their design and I would argue, based on the Indian experience on their implementation, I really see the SDGs as a commitment by governments to their own people. In the 21st century, this is a kind of commitment to a decent life. Responding to a question on Prime Minister Narendra Modi's vision of a developed India by 2047, Bery underscored that the Indian leader has highlighted how m
India, through its efforts, has been an important contributor to progress across the Sustainable Development Goals, Vice Chair of the NITI Aayog Suman Bery said. These remarks by Bery were made on Monday. He is representing India at the High-level Political Forum on Sustainable Development (HLPF), taking place at the UN headquarters from July 8 to July 17, under the auspices of the Economic and Social Council. The theme is Reinforcing the 2030 Agenda and eradicating poverty in times of multiple crises: the effective delivery of sustainable, resilient and innovative solutions'. Through its efforts, India has been an important contributor to progress across these SDGs and it has succeeded through successful delivery of physical and digital infrastructure at scale, targeted social national safety net programmes with digital delivery to minimise fraud, improved women's agency, attention to program delivery in the least developed administrative jurisdictions, and strengthened local and .
Subrahmanyam calls for financial sector with the 'muscle' to serve firms in India and across the world
The application of frontier technologies like artificial intelligence could help address the challenges in the marine fisheries sector, NITI Aayog Vice Chairman, Suman Bery, said here on Friday. Inaugurating a national workshop on harnessing the potential of fisheries in the marine states, Bery emphasised the role of technology as a vital growth driver. The workshop was organised at the ICAR-Central Marine Fisheries Research Institute (CMFRI) in association with Kerala Fisheries Department. Bery stressed the importance of understanding the dynamics of demand for prioritising production strategies. "Application of frontier technologies like artificial intelligence could help address the challenges in the marine fisheries sector. Given that demand for fish is on the rise, innovative strategies to enhance productivity are required," Bery said, adding that demand is the driving force of the economy. The workshop was held to discuss relevant issues in marine fisheries, develop tailored
Former Niti Aayog Vice-Chairman Arvind Panagariya on Wednesday pitched for a two-rate Goods and Services Tax (GST) structure with a small exemption list. Panagariya also said that the Indian economy has grown fairly rapidly in the last 17 years, and it will grow at 7-8 per cent in the next couple of decades. "We should get to two GST rates(structure)....Also, we need to prune the GST exemption list," Panagariya at an event organised by Columbia Global Centers here. The decision of the GST Council to impose 5 per cent tax on pre-packaged and labelled food items such as cereals, pulses and flour weighing less than 25 kg has generated political controversy. For a commodity measured in litres like curd and 'lassi, the limit is 25 litres. A nationwide Goods and Services Tax (GST), which subsumed 17 local levies like excise duty, service tax and VAT and 13 cesses, was rolled out at the stroke of midnight on July 1, 2017. Under GST, a four-rate structure that exempts or imposes a low ra
Suman Bery is non-resident fellow at Bruegel, a European think tank specializing in economics.
Kumar, while addressing 'NITI Aayog's Fintech Open Summit', further said the rise of fintech has accelerated financial inclusion
Niti Aayog Vice-Chairman Rajiv Kumar on Wednesday said the government is taking all possible measures to ignite private investments, which will be the best bet to pull the economy out of the shadows
Vice-chairman of Niti Aayog Rajiv Kumar on Thursday said that the private sector of the country will have to drive growth and not the public enterprises as they used to be.
India needs to grow at10.5-11 per cent in real terms in the next fiscal and sustain that to overcome massive ill-effects of the Covid-19 pandemic, Kumar said
Kumar expressed hope that the proposed asset reconstruction and management companies to address banks' bad loan woes will do a good job like the UTI
India's economy will grow at 10 per cent in real terms and by the end of next year it will reach pre-Covid-19 level, NITI Aayog Vice-Chairman Rajiv Kumar said
NITI Aayog Vice-Chairman Rajiv Kumar also stressed on boosting domestic entrepreneurship and self-reliance
He admitted that the Indian economy would see a contraction in July-September, but opined that the decline must be slow
According to him, recovery in August and September was quite smart, and it has been witnessed across many high frequency indicators
Terming Parliament clearing two key farm bills as a "historicand landmark moment" for Indian farmers, Niti Aayog Vice Chairman Rajiv Kumar on Sunday said there is no risk of farmers being exploited by big corporates. The Upper House passedthe Farmer's Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020, and the Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020. "A historic and landmark moment for Indian farmers with the Parliament passing the two bills liberating the farmers from traders cartels. The government will guarantee procurement of farmers' output at MSPs announced." Kumar said in a tweet. He also noted that there is no risk of farmers being exploited by big corporates and that the "central government is committed to ensure that". Niti Aayog CEO Amitabh Kant saidthese reforms open doors for new jobs and a new consumption boom in rural areas of India. "These long-due structural reforms will lead to income & wealth
He also noted that while early signs of economic recovery are encouraging, sustainability of this recovery will be key
On the coronavirus situation in the country, he said it is unfair to compare India's dealing of the Covid-19 pandemic with Western countries
According to Kumar, the objective of the Rs 20 trillion-economic stimulus package announced by the government was to revive aggregate demand and not just consumer demand
Organic or natural farming is the sunrise sector of Indian agriculture, Kumar said, adding exports from this sector have risen significantly and have great potential for growth.