Niti Aayog Ceo

India needs 2,500 universities to accommodate 50% students: NITI Aayog CEO

In order to have 50 per cent students in universities, India needs to double the varsities' strength to 2,500, NITI Aayog CEO BVR Subrahmanyam has said. Delivering a keynote address at the Indian School of Business (ISB) here on Friday, he said though one university and two colleges were opened every week in the past ten years, only 29 per cent of the age cohort enroll in the varsities. Subrahmanyam also said that with a huge digital infrastructure, India has become the biggest laboratory in the digital world where one can experiment at a scale. "Today we have 1,200 universities and slightly more than four crore students, but that's only 29 per cent of the cohort age enroll in the university system. Actually, at least 50 per cent of the students should be in colleges. "We need to double the colleges and universities in the country. The country needs 2,500 universities. It may look like a lot of universities are not up to the mark or whatever, but the fact is, you need those numbers

India should be part of RCEP, CPTPP: Niti Aayog CEO BVR Subrahmanyam

India should be a part of the Regional Comprehensive Economic Partnership and Comprehensive and Progressive Agreement for Trans-Pacific Partnership, Niti Aayog CEO BVR Subrahmanyam said on Thursday. India pulled out of the RCEP in 2019 after entering negotiations in 2013. The RCEP bloc comprises 10 ASEAN group members (Brunei, Cambodia, Indonesia, Malaysia, Myanmar, Singapore, Thailand, the Philippines, Laos and Vietnam) and their six FTA partners - China, Japan, South Korea, Australia and New Zealand. "India should be a part of RCEP (Regional Comprehensive Economic Partnership) and CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) and become a member," Subrahmanyam said at an event organised by industry body Assocham. CPTPP is a free trade bloc spanning five continents, made up of Pacific rim countries of Canada, Mexico, Peru, Chile, New Zealand, Australia, Brunei, Singapore, Malaysia, Vietnam and Japan. "I don't think we have captured the 'China plus o

India should join China-backed Asian trade bloc, says NITI Aayog CEO

In 2019, India decided to not join the bloc, on the grounds that the deal would hurt its farmers, businesses, workers and consumers

Bihar performing well in basic indicators: NITI CEO Subrahmanyam

Bihar is performing well in basic indicators like education and health, and it is likely to catch up with the rest of the country in a couple of years, NITI Aayog CEO BVR Subrahmanyam said. Addressing a press conference in Gaya where a national conference on data-driven governance will begin on Tuesday, he said a number of aspirational blocks and districts of Bihar will become "inspirational" soon due to improved governance and service delivery. "Bihar will catch up with the rest of the country in a couple of years. The state is performing well in terms of basic indicators like education and health. A number of aspirational blocks and districts will move on to become inspirational blocks and districts in the very near future due to improved governance and service delivery," Subrahmanyam said on Monday. He said Bihar is the first state in the country to demonstrate an unprecedented level of AI-driven decision support system, which will help policymakers, mid-career officers and those

Bihar performing well in basic indicators like education: NITI Aayog CEO

Bihar is performing well in basic indicators like education and health, and it is likely to catch up with the rest of the country in a couple of years, NITI Aayog CEO BVR Subrahmanyam said on Monday. Addressing a press conference in Gaya where a national conference on data-driven governance will begin on Tuesday, he said a number of aspirational blocks and districts of Bihar will become "inspirational" soon due to improved governance and service delivery. "Bihar will catch up with the rest of the country in a couple of years. The state is performing well in terms of basic indicators like education and health. A number of aspirational blocks and districts will move on to become inspirational blocks and districts in the very near future due to improved governance and service delivery," Subrahmanyam said. He said Bihar is the first state in the country to demonstrate an unprecedented level of AI-driven decision support system, which will help policymakers, mid-career officers and those

There is a need for second-generation IBC reforms, says Amitabh Kant

India's G20 Sherpa called for opening doors to non-sovereign or private players to deploy technology for improved court management

Industrial sector growing at fast pace, can aim 9% growth: NITI CEO

India's industrial sector is growing at a fast pace and the country can now aim to achieve 9 per cent plus economic growth, NITI Aayog CEO B V R Subrahmanyam said on Monday. Addressing a press conference here after release of Annual Survey of Industries (ASI) by Ministry of Statistics and Programme Implementation (MoSPI), Subrahmanyam said India's manufacturing sector has been generating sufficient number of jobs. According to the ASI data, the number of persons employed in manufacturing industries rose 7.5 per cent in 2022-23 to 1.85 crore from 1.72 crore in the previous year. The estimated number of persons engaged in this sector in 2022-23 exceeded the pre-pandemic level (2018-19) by more than 22.14 lakh, a MoSPI statement said adding that at the same time, average emolument also registered an increase over the previous year. "The industrial sector in India is growing fast, it is something people have been unnecessarily criticising," he said. While pointing out that manufactur

India committed to climate-friendly growth: NITI Aayog CEO Subrahmanyam

NITI Aayog CEO B V R Subrahmanyam on Wednesday said India is committed to climate-friendly growth, but fossil fuels are still driving the country's economic growth. Addressing an event here, Subrahmanyam said markets alone cannot solve the problem of climate change. "India is committed to climate-friendly growth...(but) fossil fuels are still going to drive the country's economic growth," he said. Subrahmanyam further said that NITI Aayog is working with states in developing a roadmap for green energy transition and a pathway to achieve a net zero carbon emissions target. "NITI Aayog is working with states in developing a roadmap for energy transition...we will come out with a document in November," he said. Subrahmanyam opined that markets alone cannot solve the problem of climate change. "India is one of the countries on the track to meet its climate targets under the 2015 Paris Agreement...We are committed to achieving net zero emissions target by 2070, even though less than 4

India-UK FTA within finger-touching distance, says NITI Aayog CEO

The Free Trade Agreement (FTA) being negotiated between India and the UK is in the final stages with both sides within finger-touching distance to clinch an agreement, NITI Aayog CEO B.V.R. Subrahmanyam said here on Wednesday. The FTA, negotiations for which were launched in January 2022 before being stalled due to general elections in both countries, is aimed at significantly enhancing the estimated GBP 38.1 billion a year bilateral trading partnership. During the signing ceremony for the new UK-India Infrastructure Financing Bridge (UKIIFB) agreement, both sides were keen to stress that the bilateral partnership is not being held hostage to the FTA even as the newly elected governments on both sides remain committed to it. "I think this is a deal that is in the last slab. The two sides I would say are not even at hand-shaking distance, the fingers are touching. It's just a question of that extra five inches and you can grab the deal, Subrahmanyam said while addressing a panel ...

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CMs of 10 states, UTs skip governing council meeting: NITI Aayog CEO

As many as 10 states and UTs did not participate in the ninth Governing Council meeting of the NITI Aayog which was chaired by Prime Minister Narendra Modi, its CEO B.V.R. Subrahmanyam said on Saturday. The meeting was attended by 26 participants including Chief Ministers and Lt Governors of UTs, he said while briefing the media. The absentees were Kerala, Tamil Nadu, Karnataka, Telangana, Bihar, Delhi, Punjab, Himachal Pradesh, Jharkhand and Puducherry, he said adding "It is their loss if they did not participate." Regarding West Bengal Chief Minister Mamata Banerjee who walked out of the meeting, Subrahmanyam said her request to speak before lunch was accepted although her turn would have come in the afternoon going in the alphabetical order of the states. The NITI Aayog CEO further said that when her time was up, Defence Minister Rajnath Singh just tapped the mic and she stopped speaking and walked out. Although officials of West Bengal government continued to attend the meeting

NITI Aayog's Governing Council meeting begins under chairmanship of PM Modi

NITI Aayog's 9th Governing Council meeting chaired by Prime Minister Narendra Modi began here on Saturday. The meeting focuses on making India a developed nation by 2047. It aims to foster participative governance and collaboration between the Centre and state governments, enhancing the quality of life for both rural and urban populations by strengthening the delivery mechanisms of government interventions. The council, the apex body of NITI Aayog, includes all state chief ministers, lieutenant governors of Union Territories, and several Union ministers. Prime Minister Modi is the chairman of NITI Aayog. The meeting also focusses on recommendations of the 3rd National Conference of Chief Secretaries held in December last year. During the conference, recommendations were made on five key themes--drinking water: access, quantity, and quality; electricity: quality, efficiency, and reliability; health: accessibility, affordability, and quality of care;schooling: access and quality and

Mospi sets up 26-member committee to decide new base year for GDP

The Advisory Committee on National Accounts Statistics to review data sources, align GDP with inflation and industrial indices

Need our own JP Morgans and Citibanks: NITI chief BVR Subrahmanyam

Subrahmanyam calls for reforms in tariff policy, ease of procedures

India needs its own JP Morgans, Citibanks around the world: Niti Aayog CEO

Subrahmanyam calls for financial sector with the 'muscle' to serve firms in India and across the world

India's defence capabilities grew substantially in last 10 yrs: VK Saraswat

India's defence capabilities have gone up substantially during the past decade of the Modi government and now the country is dependent on arms import only for immediate requirements of the armed forces, NITI Aayog member VK Saraswat said on Wednesday. Saraswat, a former Defence Research & Development Organisation (DRDO) chief further said at present 60 per cent of India's total arms and ammunition are indigenous. "Indian defence capabilities in the last 10 years have gone up substantially," he told PTI. Prime Minister Modi-led government came to power in 2014 and came back with a thumping majority in 2019. "India's complete ecosystem of defence is largely now indigenous. We are dependent on imports only for immediate requirements of the armed forces or something which we do not have technology for," Saraswat added. He said that now big corporate houses like the Adani Group, Tata Group, and L&T are manufacturing indigenous radar systems and guns. Commenting on Swedish think ...

Economists divided over poverty decline claims by SBI, Niti Aayog

The SBI report estimated the new poverty line at Rs 1,622 for rural areas and Rs 1,929 for urban areas

Latest NSSO consumer survey indicates poverty down to 5%: NITI Aayog CEO

The latest consumer expenditure survey indicates that poverty has come down to five per cent in the country and people are becoming prosperous both in rural and urban areas, NITI Aayog CEO B V R Subrahmanyam said on Sunday. The National Sample Survey Office (NSSO), under the Ministry of Statistics and Programme Implementation, released data on household consumption expenditure for the year 2022-23 on Saturday which shows per capita monthly household expenditure more than doubled in 2022-23 as compared to 2011-12. "This long-awaited consumer expenditure survey has brought out many things. With data on household consumption, we can assess what is the status of poverty in the country and how successful the poverty alleviation measures have been, Subrahmanyam told reporters. "The survey findings indicate that poverty in India is below five per cent now. I am convinced with the data, he said. He said that for the purpose of the survey, people were kept in 20 different categories and the

Over 248 mn Indians moved out of poverty in last 9 years: NITI report

As many as 24.82 crore people moved out of multidimensional poverty in nine years from 2013-14 to 2022-23, with Uttar Pradesh, Bihar, and Madhya Pradesh registering the largest decline, NITI Aayog said in a report on Monday. Multidimensional poverty is measured by improvement in health, education, and standard of living, it said. According to the NITI discussion paper, multidimensional poverty in India was found to have declined from 29.17 per cent in 2013-14 to 11.28 per cent in 2022-23, with about 24.82 crore people moving out of this bracket during this period. The national multidimensional poverty measures simultaneous deprivations across three equally weighted dimensions of health, education, and standard of living that are represented by 12 sustainable development goals-aligned indicators, according to NITI Aayog. These include nutrition, child and adolescent mortality, maternal health, years of schooling, school attendance, cooking fuel, sanitation, drinking water, electrici

NITI Aayog to support 50-youth led social startups, applications open

Dedicated young entrepreneurs offering solutions that address tangible issues or foster meaningful co-innovation opportunities aged 18-29 are invited to apply