Page 3 - Niti Aayog Ceo

Food processing sector critical for economy, job creation: Niti Aayog CEO

Niti Aayog CEO Parameswaran Iyer on Friday said the food processing sector is critical for the Indian economy as well as job creation and stressed on ramping up production and exports of processed items. Addressing a CII seminar here, Iyer said there is a need to encourage the MSME sector to enter the food processing sector, which he described as a very important sector for the health of the economy and people. He underlined that food processing can boost farmers income and also help in achieving nutritional goals. Iyer said there is a need to augment primary processing at farm level. Stating that food security has become important in the current global context, he said the government has taken a number of steps in this regard. The Niti Aayog CEO highlighted that there has been a steady growth in agriculture. On the food processing front also, Iyer said a number of initiatives have been taken by the government, including the Production Linked Incentive (PLI) scheme. "This is a v

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

Green mobility to play key role in India's decarbonisation: NITI CEO Iyer

Green mobility is going to play a major role in decarbonisation of India's transport sector, NITI Aayog CEO Parameswaran Iyer said on Wednesday. Iyer, while addressing an event organised by the 'Shoonya Forum', noted that the role of financing is critical for scaling of electric mobility in India. He also stressed on the need of finding ways to reduce risks associated with financing of electric vehicles. Pointing out that the rural India is urbanising rapidly, the NITI Aayog CEO said there is a need to push electric vehicles in smaller cities also. According to a recent report prepared by NITI Aayog and Rocky Mountain Institute (RMI) India, banks and non-banking financial companies (NBFCs) have the potential to achieve electric vehicle financing market size of Rs 40,000 crore by 2025 and Rs 3.7 lakh crore by 2030. The report had also stressed that lending by banks and NBFCs for buying EVs should be included in the Reserve Bank of India's (RBI) priority-sector lending (PSL) ...

Panel approves 32 beneficiaries under PLI for large-scale electronics mfg

An empowered committee headed by NITI Aayog CEO on Friday approved 32 beneficiaries under the production linked incentive scheme for large scale electronics manufacturing, including 10 for mobile manufacturing, the Aayog said. The Aayog in a tweet said the Parameswaran Iyer-headed committee approved the first incentive for mobile manufacturing under the PLI scheme for large scale electronics manufacturing. This is the first-ever disbursement under any PLI scheme, it added. "32 beneficiaries were approved under the #PLIscheme for Large-Scale Electronics Manufacturing, of which 10 (5 global and 5 domestic companies) were approved for mobile manufacturing," NITI Aayog said. The government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, pharma, textiles, advance chemistry cell and speciality steel. The objective of the scheme is to make domestic manufacturing globally competiti

Parameswaran Iyer, who handled Swachh Bharat, takes charge as Niti CEO

Iyer, a 1981-batch IAS officer of Uttar Pradesh cadre, spearheaded the government's Swachh Bharat Mission to eradicate open defecation by constructing over 90 mn toilets in rural India

Parameswaran Iyer, new Niti Aayog CEO, is an accidental bureaucrat

The man who helmed the Swachh Bharat mission once worked as a journalist and cut vegetables in a hotel

Top headlines: Parameswaran is new NITI CEO, Toyota to deepen ties in India

India's central bank is on course to bring down prices but the retail inflation rate is likely to remain above the top end of its mandated target band until December, Governor Shaktikanta Das said

Parameswaran Iyer, credited for Swachh Bharat plan, is new NITI Aayog CEO

He will have a tenure of two years; incumbent Amitabh Kant's term ends on June 30.

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.

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

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

Covid exposed a need for efficient healthcare delivery system: Amitabh Kant

Covid has exposed a need for efficient healthcare delivery system, said NITI Aayog CEO, adding that technology and research solution that provide data-based information quickly is the need of the hour

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

At 9.2%, India among fastest-growing large economies: Niti Aayog CEO

The Indian economy is growing at 9.2 per cent and is expected to grow at similar rates in the coming years, Niti Aayog CEO Amitabh Kant said on Monday. While referring to the government's production linked incentive (PLI) scheme for sunrise sectors, Kant said it will add USD 520 billion to India's output in the next five years and make India a part of the global supply chain. "Today India is witnessing unprecedented levels of economic development and technological disruptions. The economy is growing at 9.2 per cent and is expected to grow at similar rates in the coming years, making us one of the fastest-growing large economies in the world," Kant said at an AIMA event. The country has taken several measures to maximise efficiency and several reforms have been taken by the government in that direction such as GST, Insolvency & Bankruptcy Code, lowering of corporate taxes, etc, he noted. This will help make India a global manufacturing champion and manufacturing hub, Kant ...

Policy should be pro-innovation, light touch, says NITI Aayog CEO

NITI Aayog CEO Amitabh Kant on Tuesday said the country's policies need to be pro-innovation, light touch and progressive, as also they should be benchmarked against the world's best.

Farm Act aftermath: Kant says Centre bent on more reforms across sectors

Says basic philosophy of this govt is that wealth is created by private sector so things must be made easy for them; govt must act as a facilitator and catalyst

Investment in social sectors crucial for economic growth: NITI Aayog CEO

Kant also expressed concern about the state of nutrition among children as he pointed out that it is happening because of lack of "convergence" between various departments.

India only G20 nation well on track to achieve Paris agreement goal: Kant

India's efforts in mainstreaming sustainability and reducing carbon footprint should inspire countries across the world, Niti Aayog CEO Amitabh Kant said