Page 4 - Rajiv Kumar

India to see positive economic growth in 2nd half of 2020-21: Niti Aayog VC

He admitted that the Indian economy would see a contraction in July-September, but opined that the decline must be slow

NITI working on index to foster competition in power distribution: Kumar

Niti Aayog has been working on a State Energy Index that is set to foster healthy competition in the states' power distribution space, the think tank's Vice-Chairman, Rajiv Kumar, said on Saturday. The tool will be designed to assess and further improve the performance of states to efficiently manage their energy resources. "Niti Aayog has been working on a #StateEnergyIndex that is set to foster healthy competition in the states' energy #DISCOM space. The index would not only allow for better formulation & implementation of strategies for continuous improvement & management of resources," Kumar said in a tweet. "But also enable a comprehensive assessment of a specific #DISCOM aided by the use of indicators like: viability, access, affordability & reliability of #energy, and even their efforts at #cleanenergy initiatives, energy efficiency and #technology innovation," he added.

Rajiv Kumar's record is of getting things done

He worked under Arun Jaitley, Piyush Goyal as well as Nirmala Sitharaman in the finance ministry, where he took charge as finance secretary in July 2019

Former Finance Secretary Rajiv Kumar appointed Election Commissioner

Rajiv Kumar is a retired IAS officer of 1984 batch of Jharkhand cadre

Next few months critical in bid to revive country's economy: Niti Aayog VC

He also noted that while early signs of economic recovery are encouraging, sustainability of this recovery will be key

Reforms do not mean complete abolition of labour laws: Rajiv Kumar

According to Kumar, the objective of the Rs 20 trillion-economic stimulus package announced by the government was to revive aggregate demand and not just consumer demand

Former finance secretary Rajiv Kumar appointed PESB chairman

Rajiv Kumar is credited for several reforms in the country's banking sector, from cleaning up bad loans to strengthening public sector banks (PSBs).

NITI Aayog sealed for 48 hrs after staffer tests positive for coronavirus

NITI VC Rajiv Kumar said that other staffers are working from remote locations

Covid-19 crisis: Don't see a recession, recovery from Q2, says Rajiv Kumar

NITI Aayog Vice-Chairman Rajiv Kumar tells Indivjal Dhasmana that since the approach followed to give the package is graded, one can assume that more would be announced if there is requirement

Middle Class 'trained enough' to pick right Income Tax option: Rajiv Kumar

Rajiv Kumar was commenting on the Budget proposal of FM Sitharaman to give the option to personal income taxpayers to remain in the existing tax scheme or opt for a new simplified tax regime.

Not fiscal stimulus, other measures needed to boost economy: NITI Aayog VC

He also said there have already been plenty of measures taken by the government in the recent past

Rajiv Kumar to Krishnamurthy Subramanian: The team behind FM's Budget 2020

A 1984 batch officer from the Jharkhand cadre, Kumar is known as the driving force behind the spate of mergers of state-owned banks

No need to declare religion for opening bank accounts: Rajiv Kumar

The clarification comes after a news report suggested that Indian banks may ask depositors and customers to list their religion.

Centre to tweak competition law and tune it with new-age digital economy

NITI Aayog Vice-Chairman Rajiv Kumar highlighted the need for the CCI to develop oversight capabilities on data-related businesses, so as to prevent the amassing of power in a single conglomerate

Will ask firms to clear Rs 40,000-cr MSME dues fast: FM Nirmala Sitharaman

NBFCs with a minimum rating of 'AA' are allowed to participate in the scheme.

Finance secy Rajiv Kumar to hold review meeting with public sector banks

RBI had earlier this month made it mandatory for banks to link all their fresh retail loans to an external benchmark, effective October 1

PSB mergers nearly done, 12 banks almost right for India: Finance Secy

The consolidation will help create strong and globally competitive banks with economies of scale, he said

Extraordinary steps needed to deal with financial sector stress : NITI V-C

Explaining the reason for the stress in the financial sector, Kumar said the slowdown started with indiscriminate lending during 2009-14, leading to rise in NPAs post 2014

Rajiv Kumar, finance ministry insider expected to push for reforms

Armed with degrees in zoology and law, plus a post-graduate diploma in public policy, he has been joint secretary in the expenditure department looking after state finances

Rajiv Kumar appointed Finance Secretary after Subhash Garg's exit

The designation of Kumar as the Finance Secretary comes in the backdrop of transfer of Subhash Chandra Garg as the power secretary