Page 6 - Amitabh Kant

Need to promote circular economy to deal with climate change: Amitabh Kant

State chief secys' meet to address challenges faced in implementation of circular economy, says India's G20 Sherpa

Need to promote circular economy to deal with climate change issues: Kant

There is a need to promote a circular economy to deal with the issues related to climate change, India's G20 Sherpa Amitabh Kant on Thursday said. Addressing an event virtually, Kant noted different ministries and states are taking initiatives to promote a circular economy. He said in COP 27, India underlined its long-term low carbon emission strategy. India's Presidency for the G20 from December 1 provides an opportunity to the country for an accelerated transition towards the circular economy, he added. Noting that there is a need to create a business environment for the circular economy, he said," We need to ensure that regulations do not become burdensome". The G20 comprises 19 countries -- Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the USA and the European Union (EU). Together, they account for over 80 per cent of the global GDP, 75 per cent of internat

Financial regulators designed in socialist era, must change: Amitabh Kant

Financial regulators were designed in the "socialist era" and there is a need for a change in the mindset of many regulators to aid economic growth, India's G-20 sherpa Amitabh Kant said on Wednesday. Kant, a career bureaucrat who was till recently heading the government's think-tank Niti Aayog, also hit out against certain politicians for "ruining" the country by offering freebies like free power without naming anyone. Speaking at the annual SBI conclave, Kant said financial sector regulators like the Reserve Bank of India, Securities and Exchange Board of India or even the Competitive Commission of India need to act as development and change agents. "...regulators were also designed at a particular period when you were going through a socialist era, and therefore, there is a huge need for a change of mindset amongst many of the regulators I strongly believe," he said. The remarks come at a time when the RBI has hiked interest rate by 1.90 per cent to tame inflation, which is its

Recession, climate change, Ukraine war: Kant lists challenges before G20

The former Niti Aayog chief executive said that climate change was another big crisis that the world faced, impacting larger nations, as well as threatening to submerge smaller island nations

Global shocks are best times for radical reforms: G20 Sherpa Amitabh Kant

He added that India needs to refocus on other areas, pointing to the need to expand the money spent on green technology

We want to build a consensus around many issues: G20 Sherpa Amitabh Kant

'We will try and build India's narrative around digital transformation', said Kant

India's G20 presidency: What this means for the country's place in world

India will assume the presidency of the G20 on December 1

Inclusive digitisation: G20 nations need to adopt inter-operable platforms

G-20 member nations must discuss all these issues irrespective of the conflict and arrive at certain principles to take the world forward

Top Headlines: UK crisis to delay FTA; revenue from govt's new levies

The government's new levies could help balance the Budget and leave room for more money to be spent on infrastructure like roads. Read more on this in our top headlines

Ex-NITI Aayog CEO Amitabh Kant to replace Piyush Goyal as India G20 Sherpa

Goyal has already been tasked with other pressing duties such as Leader of Rajya Sabha, which was given to him after his appointment as Sherpa

Former NITI Aayog CEO Amitabh Kant to be new Sherpa of G-20

Former NITI Aayog CEO Amitabh Kant will be the new Sherpa of G-20, replacing Union Minister Piyush Goyal, as full-time sherpa required for India's presidency, sources said on Thursday. India assumes the G-20 presidency later this year. "With the G-20 presidency coming to India this year, the Sherpa would need to devote a lot of time to numerous meetings that will be held in different parts of the country. "Union Minister Goyal, holds the charge of multiple portfolios in the Modi cabinet which consumes a lot of his time," a source said. In addition, the Minister is also tasked with other pressing duties like the Leader of Rajya Sabha, the source added. Kant was NITI Aayog CEO for almost six years and completed his extended term last month. Prior to that, the Kerala-cadre IAS officer was Secretary, Department of Industrial Policy & Promotion (DIPP).

87% of Indian firms to hike their AI spend by 10% in 3 years: Report

Approximately 80 per cent of enterprises in the country have at least one AI model in production, indicating an extensive penetration of AI/machine learning (ML) across enterprises.

PLI scheme to put India on firm footing in global value chain: Amitabh Kant

In a Q&A, the NITI Aayog CEO asserts that all sectors, not just manufacturing or services, will have to grow for India's economic transformation

Aadhaar a 'bedrock' for govt welfare schemes, saved over Rs 2 trn: NITI

Aadhaar has become the "bedrock" for the government's welfare schemes and has saved over Rs 2 trillion to the government by "eliminating fake and duplicate identities", says NITI Aayog CEO

Challenge for India is to sustain 8-9% growth for 30 years: Amitabh Kant

India has done extremely well on the vaccination front and the challenge for the country is to grow 8-9 per cent over the next three decades, Niti Aayog CEO Amitabh Kant said on Tuesday.

Natural farming need of the hour, says NITI Aayog CEO Amitabh Kant

Addressing the 'National Workshop on Innovative Agriculture' organised by NITI Aayog, Kant further said India is now an exporter of wheat and rice

India should aspire to become high-income country by 2047: NITI Aayog CEO

Kant further said that India will grow if the country can use power of its private sector

Fire sparks trust deficit among e-scooter owners, potential buyers

While financiers are citing a massive dip in bookings and enquiries, dealers cite at least a 10% dip in customers

Niti Aayog CEO asks EV makers to recall vehicle batches involved in fires

Amitabh Kant said that the time is ripe for the EV industry to instill a sense of confidence in consumers the way global automakers do by voluntarily recalling their vehicles over fire risks

Indian startups disrupting the world, says NITI Aayog CEO Amitabh Kant

Indian start-ups are disrupting the world and women-based entrepreneurship is one of the vehicles for realising a more equal society, Niti Aayog CEO Amitabh Kant said on Monday