The NITI Aayog has recommended that Indian standards of drug regulation should be on par with global standards as well as aligned with the International Council for Harmonisation guidelines while promoting ease of doing business. The apex public policy think tank of the central government also suggested creating a separate authority to regulate medical devices in the country which is currently being monitored by the Drugs Controller General of India (DCGI). The recommendations have been made during the ongoing inter ministerial consultation on the New Drugs, Medical Devices and Cosmetics Bill, 2023. The draft New Drugs, Medical Devices and Cosmetics Bill, 2023, which seeks to replace the existing Drugs and Cosmetics Act of 1940, was put up on public domain in July last year seeking feedback from stakeholders. It has been revised and sent for inter-ministerial consultation. On clinical trials, the NITI Aayog said the draft bill should reflect the intent of overcoming the hesitancy
Electric two-wheeler segment leads the way with 61 per cent share in total EV sales
Opinion is divided on the issue, with one section of experts and seasoned politicians claiming meritocracy isn't always at play, while another puts the choice down to plain pragmatism
The scheme is also exploring options to get a partial contribution or a top-up from individuals covered under the scheme
The index will establish better coordination among states for learning from each other's work in the domain
For FY23, SMEV's projection was close to that of the government as it expected sales to be over 1 million
NITI Aayog's Atal Innovation Mission and Australia's national science agency Commonwealth Scientific and Industrial Research Organisation (CSIRO) have joined hands to encourage cooperation on innovations in areas of national challenges and shared priorities, an official statement said on Saturday. The Atal Innovation Mission (AIM) and CSIRO have signed a letter of intent to drive innovation activities in areas of national challenges and shared priorities of both countries, the statement said. The move came after Australian Prime Minister Anthony Albanese during his visit to India met Prime Minister Narendra Modi in New Delhi on 10th March. The meeting between the two prime ministers spanned across areas of mutual interest and explored avenues of strengthening bilateral engagement in a range of key areas with innovation as one key item, it added. The statement said the letter of intent between AIM and CSIRO calls for a greater collaboration in areas of mutual interest and strategic
The report says 73% of gaushalas sought support from individuals, and 50% didn't have a sustainable revenue model
A NITI Aayog panel on Friday suggested that gaushalas should be helped through capital assistance and marketing of cow dung and cow urine-based formulations for application in agriculture. Besides, the task force, headed by NITI Aayog Member Ramesh Chand, has proposed setting up a portal for online registration of all gaushalas. The report titled 'Production and Promotion of Organic and Bio Fertilisers with Special Focus on Improving Economic Viability of Gaushalas' said that gaushalas should be liberally financed for making capital investment and working expenses at concessional rates of interest. All grants should be linked to the number of cows, it added. According to the report, a portal like Darpan portal of NITI Aayog should be created for online registration of all gaushalas, which will then be eligible to get support from the animal welfare board. Specific policy measures and support is required to encourage the commercial production, packaging, marketing and distribution
Railways seeks Niti Aayog intervention, citing national security
Proposals to be discussed at Hyderabad conclave include having a centralised drug registration system under CDSCO
The 1987 batch IAS officer of the Chhattisgarh cadre took over as the commerce secretary at a time when India was still grappling with the second wave of Covid-19
Sources say officials from Railways, Concor, Niti Aayog, finance and law ministries expected to take final call on pending issues regarding transfer of land to private player post disinvestment
India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government, former Niti Aayog Vice Chairman Rajiv Kumar said on Sunday. Kumar further said major risks going forward will emerge from a synchronized downturn in the North American and European economies. "India has a good opportunity to persevere with a high growth rate because of the reforms undertaken during the last eight years. We will manage to grow at 6 per cent in 2023-24," he told PTI in an interview. According to Kumar, there are several downside risks, especially in the context of an uncertain global situation. "These will have to be tackled through careful policy measures designed to support our export efforts and at the same time improve the flow of private investment both from domestic sources as well as from foreign sources," he said. The Reserve Bank has projected Indi
The MCA secretary is also expected to nominate certain members to take part in the committee discussions including technology experts
The NITI Aayog is working on this project with other stakeholder ministries and has developed several indices to rank states annually on measurable parameters
Amid demands for snapping trade ties with China for its transgressions on the border, former Niti Aayog Vice Chairman Arvind Panagariya has opined that cutting trade with Beijing at this juncture would amount to sacrificing India's potential economic growth. Instead, Panagariya suggested that India should try to enter into free trade agreements (FTA) with countries such as the UK and the European Union to expand its trade. "Engaging China in a trade war at this juncture will mean sacrificing a considerable part of our potential growth... purely on economic grounds, it will be unwise to take any action in response to it (transgressions on the border)," the eminent economist told PTI. Indian and Chinese troops clashed along the Line of Actual Control (LAC) in the Tawang sector of Arunachal Pradesh on December 9 and the face-off resulted in "minor injuries to a few personnel from both sides", according to the Indian Army. Panagariya, currently a professor of economics at Columbia ...
The commerce ministry is likely to engage with Niti Aayog to rework the five draft bills pertaining to cash crops tea, coffee, spices, rubber, and tobacco, an official said. Earlier this year, the ministry proposed the repeal and updation of decades-old laws on these sectors and to introduce new legislation with a view to promoting their growth and creating a conducive environment for businesses. "Niti Aayog has raised certain objections with the ministry on these five bills. The issues were recently discussed in a meeting between senior officials. Niti Aayog suggested a relook and the ministry has sought its help on that," the official said. Niti Aayog has given its views on the drafts of Spices (Promotion and Development) Bill, 2022; Rubber (Promotion and Development) Bill, 2022; Coffee (Promotion and Development) Bill, 2022; Tea (Promotion and Development) Bill, 2022 and Tobacco Board (Amendment) Bill, 2022. The ministry had earlier also conducted stakeholder consultations on th
The NITI Aayog will come up with guidelines and regulations for new small modular nuclear reactors keeping in mind the safety standards and the impact on local communities
The finance ministry has directed all ministries and departments to scrap all 15-year-old vehicles that have become unserviceable. The Department of Expenditure, under the finance ministry, in an office memorandum said the existing provisions of condemnation of vehicles have been reconsidered in consultation with Niti Aayog and the road transport ministry considering the broad objectives of the government to reduce pollution and improve passenger safety and fuel efficiency. "It has been decided that henceforth all the condemned vehicles (including prematurely condemned vehicles) belonging to ministries/departments of government of India, shall only be scrapped," it said in an office memorandum. Scrapping of such vehicles shall only be at registered vehicle scrapping facilities, it said, adding that vehicles which have been condemned or reached 15 years of age, will not be auctioned. The detailed procedure for scrapping of all such vehicles shall be separately notified by the road .