Rajiv Kumar NITI Aayog

Prime Minister Narendra Modi led-NDA government in its third term must tackle the problem of unemployment in the country, especially in the unorganised sector and in small and medium enterprises, former NITI Aayog Vice Chairman Rajiv Kumar said on Monday. Kumar also emphasised that the government now must finalise the four labour codes as it has been delayed beyond expectations. "We must recognise that post-COVID economic recovery has been a K-shaped recovery. I think the most important reforms that the Modi government must take is one to tackle the unemployment problem, especially in the unorganised and the small and medium enterprises," he told PTI in an interview. According to a recent International Labour Organization (ILO) report, the share of unemployed youths in India's total unemployed population was nearly 83 per cent in 2022. "Therefore the large corporations have done very well and, and also those who are highly skilled have done well. But at the lower end, people are ..

Former NITI Aayog vice chairman Rajiv Kumar on Wednesday said the government needs to continue its focus on capital expenditure in the upcoming interim budget, as private investment is 'still weak' and there is a need to bridge infrastructure gap, which has been 'plaguing' the Indian economy. Kumar noted that increase in capital expenditure during the Modi government period is showing results in terms of the much better quality of the infrastructure and this was needed to make Indian industry globally competitive. He said because of rising indirect tax revenues and also the widening direct tax base, the finance minister will also achieve fiscal consolidation targets. "The capex thrust will continue because the private investment still remains a bit weak. And also, we need to overcome the infrastructure deficit that has plagued our economy and also the logistics cost, which are very high and can only be covered by rising public capital expenditure" he told PTI in an ...

Rajiv Kumar, the former Vice-Chairman of the Niti Aayog, has joined the policy and advisory board of property consultant India Sotheby's International Realty. Kumar will advise the company on policy and advocacy matters with the objective of promoting transparency and professionalism in the real estate sector, India Sotheby's International Realty (ISIR) said in a statement. He will also be guided on the next phase of growth in the region, including the evaluation of new opportunities in the sector, said Amit Goyal, CEO, India Sotheby's International Realty. "India Sotheby's International Realty is a premier organisation in the real estate advisory and transaction segment. We all know that the realty sector is a major driver of economic growth in the country. Transparency and professionalism are key to a healthy growth of the real estate sector and these are also the core values at ISIR," Kumar said. Alumni of St Stephen College and Lucknow University, Kumar has received D.Litt degr

Full-fledged private investment recovery expected by Q2FY23, he says

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 also pitched for establishing mechanisms to streamline data sharing, capture, analysis and dissemination to include the use of situation-aware real-time signals from social media

The multiplier effects of the package are expected to be multiples of the original amount, and higher economic activity would be sustained in the coming period, Kumar said

Concerns over the Aarogya Setu App were raised when a French 'ethical hacker' claimed to have access of the users' data and had highlighted security bugs within the app

NITI vice-chairman says staff to work from remote locations

He also said there have already been plenty of measures taken by the government in the recent past

On the issue of job creation, Kumar emphasised that a very large number of jobs have been generated in the country in the last five years

NITI Aayog Vice Chairman Rajiv Kumar asserted that India will be at the "cusp of a major transformation" over the next five years

He said there have been very strong efforts in this year's Budget to attract private investments and to create a feeling of assurance within the investor community.

Rajiv Kumar said while participating in a panel discussion at a book launch function

Rajiv Kumar articulated upon insight into the creation of space and ecosystem for dynamic entrepreneurship

Kumar replaced Arvind Panagariya, an Indian-American economist who left the think tank