Page 2 - Niti Ayog

India, Singapore pact in climate finance has promising future: NITI Aayog

The cooperation between India and Singapore in the field of green finance has a promising future, NITI Aayog Vice Chairman Suman Bery has said, asserting that the two countries can work within the framework laid out in the G20 New Delhi Leaders' Declaration on sustainable finance. The three-day Singapore visit of the National Institution for Transforming India (NITI) Aayog's vice-chairperson came under the Distinguished Visitors Programme (DVP) of Singapore's Ministry of Foreign Affairs. It aimed to strengthen bilateral ties and foster mutual cooperation across all levels, according to the foreign affairs ministry here. India and Singapore can make something quickly and important happen in terms of green finance-climate finance within the framework that has been laid out in the New Delhi Leaders' Declaration on sustainable finance, he said after concluding the visit to understand thinking among planners in the city-state. Adopted on September 9 last year, the G20 New Delhi Leaders'

Third anniversary the of world's largest Covid vax drive: The inside story

It is important to counter the simplistic notion that Covid-19 vaccine development and production represented a significant new advancement

In 9 years, 248 mn moved out of multidimensional poverty: NITI Aayog

The paper estimated that the share of multidimensional poor in the Indian population declined sharply to 11.28 per cent in 2022-23, from 29.17 per cent in 2013-14

Home health care industry sees demand rising in India's smaller cities

Industry provides at-home care and assists patients needing rehabilitation after hospitalisation

India could be third largest economy in 2026: Ex Niti Aayog VC Panagariya

Today, India is the world's fifth-largest economy, preceded, in ascending order, by Germany, Japan, China, and the United States of America (USA)

India's experience of manufacturing GDP growth different: NITI member

India's experience has been different compared to the rest of the world in terms of the rise and peaking of its manufacturing GDP, NITI Aayog member Arvind Virmani said on Wednesday, while stressing on creation of a competitive economy. Addressing an event organised by the Institute for Studies in Industrial Development (ISID), Virmani further said India has positioned itself in the last ten years with policy reforms related to product and services space. "India's experience has been different compared to the rest of the world in terms of the rise and peaking of its manufacturing GDP and then a plateau that has been witnessed for the last many years," he said. According to Virmani, the country has put in dynamism for entrepreneurship and startups, and has instituted public sector and institutional reforms. "There is a need of the creation of a competitive economy and not just a few monopoly segments with reduced information barriers and breaking asymmetric information circuits," he

India retains 40th rank in Global Innovation Index 2023, Switzerland tops

India's Global Innovation Index ranking has improved 26 places from 66th in 2013 to 40th in 2023

National Health Authority to host 2-day Arogya Manthan event in Delhi

The two-day event (September 25-26) at Vigyan Bhawan, New Delhi will be filled with insightful discussions and deliberations on challenges, trends, and best practices related to the two schemes

Agro-chemical industry can grow 9% despite Chinese competition: NITI Aayog

India's agro-chemical industry has the potential to grow more than the current nine per cent notwithstanding the competition from China, government think tank Niti Aayog member Ramesh Chand said on Wednesday. Chand also observed that many Western countries are shifting from agrochemicals to biopesticides and the Indian industry needs to pay attention to this aspect. He urged the Agro Chem Federation of India (ACFI) to come out with a document on ease of doing business in agrochemicals. The Niti Aayog member was addressing a panel discussion on the occasion of the sixth annual general meeting of ACFI in the national capital. "The agrochemical industry has achieved a miracle growth of nine per cent... much of this growth rate has happened during the Covid-19 pandemic years when the production activities were seriously disrupted," he said. Despite economic and production disruptions, the domestic agrochemical industry had shown an impressive growth between 2017-18 and 2022-23, he ..

Commerce ministry seeking views of NITI on draft bills on 5 cash crops

The commerce ministry is seeking views from different ministries and government think tank Niti Aayog on draft bills pertaining to five cash crops like tea and tobacco, an official said. The ministry has circulated separate notes for the bills related to cash crops of tea, coffee, spices, rubber and tobacco, which seek to promote their growth and create a conducive environment for businesses by decriminalising minor offences, the official said. After taking the comments, the ministry will approach the Union Cabinet for approval on the drafts of the Spices (Promotion and Development) Bill; the Rubber (Promotion and Development) Bill; the Coffee (Promotion and Development) Bill; the Tea (Promotion and Development) Bill; and the Tobacco Board (Amendment) Bill. In 2022, the Department of Commerce 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 ...

Goal of achieving green transition, Viksit Bharat goes hand-in-hand: Bery

The 2-day workshop discussed the prospects and challenges of green and sustainable growth globally

Tesla can have significant impact on India's EV mkt: NITI's Randheer Singh

In a conversation with Ruchika Chitravanshi, Singh, whose stint at the think tank ended on Friday, says the EV segment in India is seeing interest from global players such as Tesla

Effect of subsidy cut? Daily e2W sales decline 62% in June, so far

Though industry players feel the subsidy cuts will help the sector in the longer run, e2W players who have raised the prices of their vehicles are worried about their near-term future

'Missing the mark': Asset monetisation 18% short of target in FY23

Govt stays with Rs 1.79-trn target set by NITI for FY24

NITI Aayog member Singla inspects Jal Shakti Abhiyan, NWM works in Thane

NITI Aayog member Jagruti Singla reviewed Jal Shakti Abhiyan and National Water Mission works in Thane district and directed authorities to ensure geo-tagging of these projects for better monitoring, an official said on Thursday. Singla was accompanied by Thane Collector Ashok Shingare and Zilla Parishad CEO Manuj Jindal during the visit on Wednesday. "The NITI Aayog member was given a detailed presentation on 1191 works of water conservation and rainwater recharge, 179 works of renovation of traditional water bodies and tanks, 320 works of reuse and recharge of water structures etc that were carried out over the last one year," the official said. Work on 19 check dams and 152 of watershed development have been undertaken this year by the soil and water conservation and minor irrigation departments, he said. "Of the 75 works undertaken by the minor irrigation department of the Zilla Parishad under the Amrit Sarovar scheme, 46 have been completed. Of the 39 rainwater recharge works

Puducherry will establish IT park to create jobs: CM at NITI Aayog meet

Puducherry Chief Minister N Rangasamy informed the eighth Governing Council meeting of NITI Aayog on Saturday that his government would establish an IT park in the Union Territory to generate job opportunities for the youth. Keeping in view the national strategies and the vision of 'Viksit Bharat' (developed India) 2047, the Puducherry government has framed a vision document for raising the GSDP of the Union Territory to USD 50 million by 2047. In his speech at the meeting in New Delhi, Rangasamy said that through development of Karasur industrial estate, it is expected that around Rs 5,000 crore would be invested through private investment over a period of five years and around 10,000 people would be benefitted either directly or indirectly. The Chief Minister said it is a challenging task for the line departments to ascertain whether welfare measures of the government reach intended beneficiaries without pilferage. To overcome this arduous task, a centralised database called ...

Invest in logistics to make Indian products competitive: AP CM at NITI meet

Calling for a healthy flow of investments into the logistics sector in India, Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy, who was at the NITI Aayog Governing Council session in Delhi on Saturday, said that high logistics costs are hampering India's growth and curtailing the competitiveness of its products globally. Underlining the share of logistics in India's GDP, which stands at a high 14 per cent compared to 7.5 per cent in the United States, Reddy emphasised the crucial nature of the sector and the costs involved. He sought continuing investments as seen in the past nine years to ensure rapid economic progress of the country. The Chief Minister submitted a note to the Governing Council showcasing the steps taken by Andhra Pradesh to strengthen sectors such as logistics, public health, skill development and social and economic empowerment of women, said a press note shared by the state government on Saturday. "Laying emphasis on port-based development, we are establishi

Odisha CM Naveen Patnaik skips NITI Aayog meeting due to prior commitment

Though his party BJD has decided to attend the controversial new Parliament building inauguration on Sunday, Odisha Chief Minister Naveen Patnaik skipped the Governing Council meeting of NITI Aayog held in New Delhi on Saturday. Sources in the CMO said that Patnaik could not attend the meeting chaired by Prime Minister Narendra Modi due to prior commitment, though no official statement was issued on the subject. Patnaik remained busy through the day in several meetings including review of the four-year performance of different departments including Mission Shakti. The Niti Aayog Governining Council meeting was meant for only chief ministers. Issues such as health, skill development, women empowerment and infrastructure development, with the aim of making India a developed nation by 2047, was deliberated in the Niti Aayog meeting. The BJD however has announced it will attend the inauguration function of the new Parliament building even as 19 other non-BJP parties decided to boycott

NITI meet: C'garh CM asks Centre to make arrangement for GST compensation

Chhattisgarh Chief Minister Bhupesh Baghel on Saturday urged the Centre to make a "permanent arrangement" to compensate for the revenue loss suffered by states due to the GST regime and demanded a refund of Rs 19,000 crore deposited in the New Pension Scheme. The chief minister made the demands during the eighth meeting of the governing council of NITI Aayog held here under the chairmanship of Prime Minister Narendra Modi. During the meeting, Baghel also asked the central government to transfer the amount of 4,170 crore additional levy received from minerals to Chhattisgarh. The senior Congress leader said a civil suit has been filed by the Chhattisgarh government in the Supreme Court in this matter, and requested the Centre to reply soon and resolve the issue, according to a statement issued by the state government. Besides, the chief minister demanded revision of royalty rates of coal and other major minerals from his state. Baghel said that due to non-amendment, the financial ..

Bihar CM Nitish blames Centre for failure to attend Niti Aayog meet

Bihar Chief Minister Nitish Kumar on Saturday blamed the Centre for his inability to attend the Niti Aayog meeting on Saturday where he wished to raise issues like caste census and special status for the state. The JD(U) leader, whose party is boycotting the inauguration of the new Parliament building on Sunday, dubbed the function as an attempt to change history by those who had made no contributions to the freedom struggle. Kumar, who was speaking to reporters on the sidelines of a function to mark the death anniversary of first prime minister Jawaharlal Nehru, said, When I received the schedule of the Niti Aayog meet I sought a change in the timings since it clashed with the function here. We have respected Pandit Nehru since our childhood, though politically I have pursued a different line, said the veteran socialist leader, who now has the Congress as an ally. They (the Centre), however, did not agree to change the timing of the Niti Aayog meeting. Had they even agreed to hold