The Indian economy has recovered 'handsomely' from the pandemic-induced disruptions, former Niti Aayog Vice Chairman Arvind Panagariya said on Tuesday, while expressing hope that the recovery will be sustained and the growth rate of 7 to 8 per cent will be restored. Panagariya suggested that the government must now signal its intention to wind down fiscal deficit by cutting it by half-to-one percentage point in 2022-23. "The Indian economy has recovered handsomely, returning to its pre-COVID GDP... Only private consumption is still below its pre-COVID-19 level," the eminent economist told PTI in an interview. While an advanced estimate by the Ministry of Statistics & Programme Implementation (MoSPI) places India's GDP growth in 2021-22, at 9.2 per cent, Panagariya said this is higher than any other country this past year and the recovery has also been across-the-board. The economy, which was significantly hit by the pandemic, had contracted 7.3 per cent in the last ...
The country needs much more 'equitable' growth as inequality could lead to tensions in society, Niti Aayog Vice-Chairman Rajiv Kumar said on Thursday.
Niti Aayog member Dr VK Paul said that Covid caused by Omicron should not be considered common cold and added that people should not take it lightly
Successive govts have appointed excellent economists, not because they wanted their advice, but because someone has to prepare the Survey and maybe speak on behalf of the government as a spokesperson.
The NITI Aayog has suggested a template for digital banks and stipulated a two-stage process: first a digital business bank licence, and then a digital universal bank licence
Health index needs a rejig
RJD leader Tejashwi Yadav on Saturday slammed CM Nitish Kumar over Bihar's low ranking in NITI Aayog's poverty index baseline report and said that the "double-engine" govt is responsible for this
Roy has issued the recent report on Digital Banking by NITI Aayog, which has provided a template for the Digital Bank Regulatory Framework for India
Bamboo is a natural product that can benefit many industries and it is high time the country uses it to its full potential, Niti Aayog Vice Chairman Rajiv Kumar said on Thursday. Kumar while addressing 'National Workshop on Bamboo Development Mission' further said the need of the hour is to work on increasing the supply to meet the growing demand for bamboo and its products. Also speaking at the event, Union minister Jitendra Singh said India has huge reserves of bamboo, however, there is still limited knowledge about its importance across industries & sectors. It is one commodity that can suffice all human needs, Singh added. Niti Aayog member V K Saraswat said the construction sector in India presents tremendous growth opportunities for bamboo, owing to its unique features. He added that bamboo's versatility, as a substitute, offers a chance to protect the forests which has immense economic and business potential.
Several stakeholders from India and abroad will attend the workshop
As good news, India's most populous state shows highest incremental performance between 2018-19 and 2019-20.
The fourth round of the Health Index took into account the period 2019-20 (as reference year)
Kerala has again emerged as the top ranking state in terms of overall health performance among larger states, while Uttar Pradesh is the worst, according to the fourth Health Index launched by Niti Aayog. The fourth round of the Health Index took into account the period 2019-20 (reference year). The report by the government think tank said Tamil Nadu and Telangana have emerged as the second and third best performers, respectively, on health parameters. The report, however, added that Uttar Pradesh ranked at the top in terms of incremental performance by registering the highest incremental change from the base year (2018-19) to reference year (2019-20). Among the smaller states, Mizoram emerged as the best performer in overall performance as well as incremental performance, while among UTs, Delhi and Jammu & Kashmir ranked among the bottom UTs in terms of overall performance but emerged as the leading performer in terms of incremental performance. The report has been prepared in ..
Health Index is a weighted composite score incorporating 24 indicators covering key aspects of health performance.
The requirement, timing and nature of Covid vaccine booster doses will be based on scientific decisions according to Dr VK Paul, Member-Health, Niti Aayog on Wednesday.
IEA study supports trend, says India will lead demand growth for the fuel in the world
Amid concerns over Omicron, NITI Aayog Member-Health, Dr VK Paul said the effective strategy is to ensure that the adult population of India is vaccinated
'Indian higher education institutes must raise funds to raise their quality and Public-Private-Partnership could be one of the untapped areas to improve that and IIITs are one of the examples of this'
The process for establishing the remaining 106 labs will also be initiated shortly
The report surveyed 175,946 households in urban areas and 425,563 households in rural parts