News for 'NITI Aayog'

Bibek Debroy: A 'towering scholar' & economist

Bibek Debroy: A 'towering scholar' & economist

Rediff.com1 Nov 2024

Debroy's economic interests and research work covered numerous areas such as economic theory, income inequality, and infrastructure financing.

Healthcare sector likely to reach $372 bn in 2022: Niti

Healthcare sector likely to reach $372 bn in 2022: Niti

Rediff.com30 Mar 2021

Healthcare has become one of the largest sectors of the Indian economy and is expected to reach $372 billion in 2022, according to a report by Niti Aayog released on Tuesday. The report outlined a range of investment opportunities in the country's healthcare sector across hospitals, pharmaceuticals and medical devices. The report, titled 'Investment Opportunities in India's Healthcare Sector', also said India's healthcare sector has the potential to generate 27 lakh jobs in India between 2017 and 2022 -- over 5 lakh new jobs per year.

Meet Bhopal's 9-year old librarian who educates kids in her slum

Meet Bhopal's 9-year old librarian who educates kids in her slum

Rediff.com10 Sep 2016

Muskaan Ahirwar started off the library with 121 books.

'We should pay more attention to China'

'We should pay more attention to China'

Rediff.com18 May 2022

'Our competitiveness with China is very important.' 'If the exchange rate depreciates, it is good for us because it helps in our competitiveness.'

Space Kidz Is Planning A Moon Mission

Space Kidz Is Planning A Moon Mission

Rediff.com17 Dec 2024

If it becomes a reality, the Chennai-based company will become the first private player from India to conduct such a mission to the lunar surface.

Land Act 'a bit draconian', frame own laws: Panagariya to states

Land Act 'a bit draconian', frame own laws: Panagariya to states

Rediff.com10 Sep 2015

NITI Aayog vice-chairman advises states to follow Tamil Nadu model for framing land acqisition laws

How India can become $35 trillion economy

How India can become $35 trillion economy

Rediff.com18 Feb 2024

India needs to grow at an annual rate of 9-10 per cent for around three decades and constant innovations to become a $35 trillion economy by 2047, India's G-20 Sherpa and former NITI Aayog CEO Amitabh Kant said on Sunday. "We are the fifth largest economy in the world and by 2027 we will surpass Japan and Germany to become the third largest economy in the world. "And our aim is that by the time we turn 100 in 2047, India should be a $35 trillion economy," Kant said while addressing a session at Mumbai Tech Week (MTW) hosted by Tech Entrepreneurs Association Mumbai (TEAM).

Yogi holds cabinet meet at Maha Kumbh, takes holy dip at Sangam

Yogi holds cabinet meet at Maha Kumbh, takes holy dip at Sangam

Rediff.com22 Jan 2025

The Cabinet meeting and the holy dip comes on a day that marks the first anniversary of the consecration ceremony of the Ram temple in Ayodhya.

Modi urges India Inc to 'think out of box' to grab global oppotunities

Modi urges India Inc to 'think out of box' to grab global oppotunities

Rediff.com13 Jan 2023

Prime Minister Narendra Modi on Friday said both public and private sectors need to leverage synergies and think out of the box to seize opportunities arising as a result of the emerging global environment. While interacting with noted economists and experts at NITI Aayog ahead of the Union Budget, the prime minister also applauded the success of the India Digital story and the rapid adoption of fintech across the country, an official statement said. During the meeting, economists offered suggestions on ways in which India can sustain its development momentum, it added.

Make in India should move focus away from strong sectors, says NITI

Make in India should move focus away from strong sectors, says NITI

Rediff.com23 Jan 2017

NITI Aayog wants the prime minister's flagship initiative should focus on labour-intensive sectors and policies that impede their growth to get special attention.

Freebie culture made into art for fighting polls, will lead to disaster: Govt to SC

Freebie culture made into art for fighting polls, will lead to disaster: Govt to SC

Rediff.com11 Aug 2022

In a response to the August 3 order, the Centre, represented by Solicitor General Tushar Mehta, said till the time either the legislature or the poll panel steps in, the top court must lay down "dos and don'ts" for political parties in the 'larger national interest.'

Tatas may choose Singapore as key partner for semiconductor play

Tatas may choose Singapore as key partner for semiconductor play

Rediff.com8 Nov 2024

Tata Sons will likely choose Singapore as a "key partner" for its semiconductor plans, a senior minister from the city-state said on Friday. Speaking to reporters after a meeting with Tata Sons chairman N Chandrasekaran earlier in the day, Singapore's minister for home affairs and law K Shanmugam said semiconductors was a "big discussion" point during the meeting. "If they (Tatas) want to, they can do business with anybody in the world.

Next time invite FM: Cong mocks PM's budget meet

Next time invite FM: Cong mocks PM's budget meet

Rediff.com9 Jan 2020

Later, Sitharaman's office clarified that the FM had already met the industrialists, experts, and economists during the pre-budget consultations.

Fundamentals of Indian economy strong, has capacity to bounce back: Modi

Fundamentals of Indian economy strong, has capacity to bounce back: Modi

Rediff.com9 Jan 2020

At the pre-Budget meeting at Niti Aayog, Modi called for a focussed effort from all stakeholders in order to achieve the target of $5 trillion economy. The participants urged the government to focus on credit expansion, exports growth, governance of PSBs, increasing consumption and job creation.

BP beats Shell; to operate ONGC's Mumbai High fields

BP beats Shell; to operate ONGC's Mumbai High fields

Rediff.com8 Jan 2025

BP Plc has won a bid to operate ONGC's giant Mumbai High oil and gas field by offering up to 60 per cent increase in output over baseline, the state-owned firm said on Wednesday. State-owned Oil and Natural Gas Corporation (ONGC) had in June last year floated a tender seeking foreign partners to reverse declining output at its flagship Mumbai High fields, offering a share of revenue from incremental production plus a fixed fee but not any equity stake.

Niti moots 100% tax exemption for donations to not-for-profit hospitals

Niti moots 100% tax exemption for donations to not-for-profit hospitals

Rediff.com29 Jun 2021

Government think tank Niti Aayog has suggested 100 per cent income tax exemption for donations and provision of working capital loans with lower interest rates for not-for-profit hospitals to strengthen healthcare services in India. In a report titled 'Not-for-Profit Hospital Model in India', the Aayog also pitched for involving high performing hospitals in public private partnership (PPP) models for managing primary health care (PHCs), operations of government facilities and PSU hospitals. "Income-tax exemption could be increased from the current 50 per cent exemption to 100 per cent exemption for philanthropy toward the identified not-for-profit hospitals.

India saw simultaneous elections 4 times: A timeline

India saw simultaneous elections 4 times: A timeline

Rediff.com18 Sep 2024

In 2019, an all-party meeting was held in Delhi and it was attended by 19 political parties to discuss critical reforms in governance. One of the subjects of the discussions was simultaneous elections

India needs rapid expansion in higher education: Panagariya

India needs rapid expansion in higher education: Panagariya

Rediff.com3 Nov 2015

Panagariya is of the view that school education and higher education need to grow together to help India face various challenges.

Manmohan Singh's reforms transformed India, unshackled economy: Economists

Manmohan Singh's reforms transformed India, unshackled economy: Economists

Rediff.com27 Dec 2024

Former Prime Minister Manmohan Singh's 1991 budget unshackled India's economy, significantly enhancing the economic prospects for hundreds of millions of Indians, first deputy managing director of the International Monetary Fund (IMF) Gita Gopinath said on Friday.

Hunger in India came down to 13.7% during 2021-23: UN-FAO report

Hunger in India came down to 13.7% during 2021-23: UN-FAO report

Rediff.com1 Aug 2024

In what could come as a piece of good news, hunger in India - as measured by the Prevalence of Undernourishment (PoU) by the United Nation's Food and Agriculture Organisation (FAO) - has come down from 16.6 per cent of the population in the 2020-2022 to 13.7 per cent in 2021-23, the latest report on the State of Food Security and Nutrition in the World (SOFI 2024) showed. This means that around 39.3 million people have come out of undernourishment between the two periods, NITI Aayog member Ramesh Chand said on Tuesday.

PAN to be common identifier for govt agencies: FM

PAN to be common identifier for govt agencies: FM

Rediff.com1 Feb 2023

The move would help in further promoting ease of doing business in the country.

Why PM prefers Raisina Hill to Vigyan Bhavan

Why PM prefers Raisina Hill to Vigyan Bhavan

Rediff.com22 Apr 2017

Modi believes that in the spirit of 'cooperative federalism' the venue for such meetings between him and the chief ministers should take place around the proverbial 'round table'.

Govt to snip red-tape in PSU sale approval, cut time frame by 90%

Govt to snip red-tape in PSU sale approval, cut time frame by 90%

Rediff.com7 Apr 2021

The idea is to do away with the need for the approval of the Core Group of Secretaries on Divestment for privatisation of companies, especially in non-strategic sectors.

3 killed in Navi Mumbai building collapse; 2 rescued

3 killed in Navi Mumbai building collapse; 2 rescued

Rediff.com27 Jul 2024

Two persons were rescued after the incident that occurred at 4.50 am in Shahbaz village, they said, adding that before the building collapsed, the authorities managed to evacuate 52 residents.

CPSE assets sale to bring about paradigm shift in infrastructure: FM

CPSE assets sale to bring about paradigm shift in infrastructure: FM

Rediff.com9 Mar 2021

Finance Minister Nirmala Sitharaman on Tuesday said monetisation of Central Public Sector Enterprises (CPSE) assets is based on the principle of value creation for the government and investors and would bring about a paradigm shift in infrastructure augmentation and maintenance. Chairing the National Workshop with the states/UTs on Asset Monetisation organised by Niti Aayog, the minister sought the collaboration of states for the holistic development of infrastructure. She said India can become a $5 trillion economy, while striking the right balance between fiscal imperatives and socio-economic welfare, through active collaboration between the public and private sector.

Enough stockpile of COVID-19 vaccine for priority groups: Niti member

Enough stockpile of COVID-19 vaccine for priority groups: Niti member

Rediff.com4 Jan 2021

Paul noted that "three to four months from now, there will be other vaccines and the stockpile will be even bigger. "And more acceleration can be brought about in the vaccination programme," Paul added.

How Modi plans to change babudom

How Modi plans to change babudom

Rediff.com11 Jun 2019

The PM is keen to fill 40 per cent of joint secretary level openings with outsiders.

India all set to overtake Japan as 4th largest economy by 2025, predicts Amitabh Kant

India all set to overtake Japan as 4th largest economy by 2025, predicts Amitabh Kant

Rediff.com12 May 2024

Citing various macroeconomic parameters that are doing pretty well, India's G20 Sherpa and former CEO of Niti Aayog Amitabh Kant projected that the country is all set to overtake Japan as 4th largest economy in the world by 2025. The size of India's GDP is currently ranked 5th, after the US, China, Germany, and Japan. It overtook the UK in 2022.

Bajaj brings Chetak back as all-electric 2-wheeler

Bajaj brings Chetak back as all-electric 2-wheeler

Rediff.com17 Oct 2019

In doing so, Bajaj has become the first internal combustion engine two-wheeler company to launch an all-electric two-wheeler in India.

Five-Year Plans officially declared dead from FY17

Five-Year Plans officially declared dead from FY17

Rediff.com24 Sep 2016

The Niti Aayog is preparing 15-year vision document that will replace the Five-Year Plan from the next financial year

PM seeks ideas for Budget, meets economists, experts

PM seeks ideas for Budget, meets economists, experts

Rediff.com9 Jan 2020

"The Union Budget represents the aspirations of 130 crore Indians and lays out the path towards India's development. I invite you all to share your ideas and suggestions for this year's Budget on MyGov," the PM said according to a statement posted on his official website on Thursday.

South growing but Bihar, UP pulling India down: Niti chief

South growing but Bihar, UP pulling India down: Niti chief

Rediff.com24 Apr 2018

Speaking at the first Khan Abdul Gaffar Khan Memorial Lecture at Jamia Millia Islamia University, Amitabh Kant said, "The eastern part of India, particularly states like Bihar, UP, Chhattisgarh, Madhya Pradesh and Rajasthan, is keeping India backward, especially on social indicators. While we have improved on ease of doing business, we have remained backward on human development index. We are still 131 out of 188 countries in HDI."

Govt eyes Rs 35,100 cr from partial sale of Bharatnet network, tower infra

Govt eyes Rs 35,100 cr from partial sale of Bharatnet network, tower infra

Rediff.com23 Aug 2021

The government expects to realise Rs 35,100 crore from the partial sale of Bharatnet fibre assets and around 13,500 mobile towers owned by state-run telecom firms as part of its national monetisation pipeline released on Monday. Government think tank Niti Aayog has valued over 2.86 lakh kilometre of optical fibre assets laid by BBNL and BSNL under rural broadband project Bharatnet at Rs 26,300 crore, according to the National Monetisation Pipeline (NMP) document. According to the document, BSNL's 13,567 mobile tower assets and MTNL's 1,350 towers have been valued at Rs 8,800 crore.

Covid scare: PM reviews situation, warns against laxity, urges mask use

Covid scare: PM reviews situation, warns against laxity, urges mask use

Rediff.com23 Dec 2022

Amid a spurt in COVID-19 cases in some parts of the world, Prime Minister Narendra Modi on Thursday cautioned against complacency and directed officials to strengthen the ongoing surveillance measures, especially at international airports.

India facing problem of 'severe under-employment': Niti

India facing problem of 'severe under-employment': Niti

Rediff.com27 Aug 2017

Unless we bring about substantive changes, we cannot expect to alter the current situation where low-productivity and low-wage jobs dominate the landscape, the government think-tank observes.

Modi sets up Economic Advisory Council, Bibek Debroy to be chairman

Modi sets up Economic Advisory Council, Bibek Debroy to be chairman

Rediff.com25 Sep 2017

Headed by NITI Aayog member Bibek Debroy, the EAC includes NITI Aayog's Principal Advisor Ratan Watal as its member and economists Surjit Bhalla, Rathin Roy and Ashima Goyal as part-time members.

Electric two-wheeler registrations recover in July but very modestly

Electric two-wheeler registrations recover in July but very modestly

Rediff.com1 Aug 2023

Even though electric two wheeler (e2W) companies saw a slight recovery in July of 12 per cent with 49,518 registrations - after a wash out in June because the government slashed the FAME 2 subsidy by a third - registrations are still lower for the second month in a row compared to April FY24. The slow pace has raised doubts about whether the registrations will reach anywhere near either Niti Aayog's ambitious target of 2.4 million vehicles in FY24 or whether they will be closer to the trimmed down industry expectation of around one million. In June, e2W registrations plunged to a mere 44,253, the worst month in more than a year, as companies hiked scooter prices.

Two-wheeler Majors TVS, Bajaj Auto Close the Gap With Startups in EV Game

Two-wheeler Majors TVS, Bajaj Auto Close the Gap With Startups in EV Game

Rediff.com6 Oct 2023

Bajaj Auto has virtually closed the gap with Ather Energy in September, notching up 6423 EV registrations compared to 6466 registrations by Ather.

India eyes smaller nuclear reactors for clean energy shift: Jitendra Singh

India eyes smaller nuclear reactors for clean energy shift: Jitendra Singh

Rediff.com27 Nov 2022

He emphasised that technology sharing and availability of funding are the two crucial links for ensuring the commercial availability of SMR technology.

For Tesla, India is a challenge as well as opportunity

For Tesla, India is a challenge as well as opportunity

Rediff.com19 Mar 2025

With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.