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Shift from agriculture to manufacturing must for India`s growth: Amitabh Kant  India’s G20 Sherpa and former NITI Aayog CEO Amitabh Kant contends that in order for India to grow at high rates of nine to ten per cent and become a developed economy by 2047, the country’s GDP has to grow by nine times and per capita income by eight times, with manufacturing and urbanisation playing a key role in the process. He also hailed India's chairmanship of the G20 and batted for lateral entry into the government service. "Our manufacturing has to gro...
Shift from agriculture to manufacturing must for India`s growth: Amitabh Kant
Shift from agriculture to manufacturing must for India`s growth: Amitabh Kant
Source: IANS
2024-10-20 05:57:22 pm
More than 1,100 active incubators empowering Indian startup ecosystem There are more than 1,100 active incubators nurturing startups in the Indian ecosystem, according to a new report on Friday.  The joint research report, ‘India Incubator Kaleidoscope 2024’ was released by NSRCEL, the startup incubator at IIM Bangalore, and the Centre for Research on Start-ups and Risk Financing (CREST) IIT Madras in Bengaluru. It showed that the number of incubators in the Indian ecosystem has grown steadily, with Tier I cities housing almost half of al...
More than 1,100 active incubators empowering Indian startup ecosystem
More than 1,100 active incubators empowering Indian startup ecosystem
Source: IANS
2024-10-04 03:40:02 pm
India jumps 79 positions in World bank`s Ease of doing business Index: Amitabh Kant Applauding the Insolvency and Bankruptcy Board of India (IBBI) for the noteworthy achievements of the Insolvency and Bankruptcy Code (IBC) in the short span of 8 years, India's G20 Sherpa and Former CEO of NITI Aayog Amitabh Kant has highlighted that India's global ranking in World Bank’s Ease of Doing Business Index improved significantly, jumping 79 positions from 142 in 2014 to 63 in 2016, thanks to the transformative framework established by the IBC. Kant characterized th...
India jumps 79 positions in World bank`s Ease of doing business Index: Amitabh Kant
India jumps 79 positions in World bank`s Ease of doing business Index: Amitabh Kant
Source: Accord Fintech
2024-10-03 02:41:00 pm
Make in India for space, geospatial sector to fuel growth by 2047: Amitabh Kant The Make in India initiative in sectors like space and geospatial will drive growth in the country by 2047, said G20 Sherpa Amitabh Kant on Tuesday.  He was speaking at a high-level seminar on ‘Make in India for Space and Geospatial Sector’, organised by the Geospatial World Chamber of Commerce (GWCC) in the national capital. He emphasised India's growing leadership in the space and geospatial sectors, underscoring the opportunities for both local and international ...
Make in India for space, geospatial sector to fuel growth by 2047: Amitabh Kant
Make in India for space, geospatial sector to fuel growth by 2047: Amitabh Kant
Source: IANS
2024-10-01 12:39:10 pm
Make in India is work in progress, we must become manufacturing nation: Amitabh Kant  While the Make in India initiative has completed 10 years, it is still a work in progress and we must become a manufacturing nation, said G20 Sherpa and former NITI Aayog CEO, Amitabh Kant on Friday.   Speaking exclusively to IANS, he said that we must ensure that a minimum of 25 per cent of our GDP comes from the manufacturing sector. He also spoke on various issues ranging from digitisation, AI, health, space and more. Here are some excerpts from the interview: IANS: We ...
Make in India is work in progress, we must become manufacturing nation: Amitabh Kant
Make in India is work in progress, we must become manufacturing nation: Amitabh Kant
Source: IANS
2024-09-28 08:41:28 am
India needs 10-12 Champion States to become $30 trillion economy by 2047:Amitabh Kant In order to become a $30 trillion economy by 2047, India needs about 10 to 12 ‘Champion States’ that consistently grow at over 10 per cent for the next couple of decades, G20 Sherpa and former NITI Aayog CEO, Amitabh Kant, said on Friday.   Speaking exclusively to IANS in the national Capital, Kant said states like Gujarat and Tamil Nadu delivered strong growth for a long period but now, the country needs a whole new range of ‘Champion States’ to help it become...
India needs 10-12 Champion States to become $30 trillion economy by 2047:Amitabh Kant
India needs 10-12 Champion States to become $30 trillion economy by 2047:Amitabh Kant
Source: IANS
2024-09-27 11:42:20 am
REC inks pact with Jawaharlal Nehru Port for financing projects up to 45,000 crore REC Limited, Maharatna PSU under the Ministry of Power and a leading NBFC, signed an MoU with Jawaharlal Nehru Port Authority (JNPA) for financing up to Rs 45,000 crore for various upcoming projects of JNPA, which includes the development of the deepwater Vadhavan Port.   Rahul Dwivedi, Executive Director, REC signed the MoU with Unmesh Sharad Wagh, Chairman, JNPA in the presence of Union Minister for Ports, Shipping and Waterways Union Minister for Ports, Shipping and Waterways Sarba...
REC inks pact with Jawaharlal Nehru Port for financing projects up to 45,000 crore
REC inks pact with Jawaharlal Nehru Port for financing projects up to 45,000 crore
Source: IANS
2024-08-25 05:56:11 pm
India`s G20 task force report aims to boost Digital Public Infrastructure worldwide The final report of India’s G20 Task Force on Digital Public Infrastructure aimed at strengthening the foundations of DPI worldwide, especially the Global South, was released here on Monday   The work of this Task Force had led to the acceptance of the definition and framework of the Digital Public Infrastructure (DPI) during India’s G20 Presidency and will be taken forward for implementation during the Brazilian and South African Presidencies. The report will play a ke...
India`s G20 task force report aims to boost Digital Public Infrastructure worldwide
India`s G20 task force report aims to boost Digital Public Infrastructure worldwide
Source: IANS
2024-07-16 09:39:27 am
Robust sovereign credit rating agencies need of the hour: Amitabh Kant As India embarks on its journey to become 'Viksit Bharat' by 2047, it's important that we have appropriate credit ratings and call out global agencies for biases and lack of transparency for not objectively assessing India’s strong economic fundamentals, G20 Sherpa and former NITI Aayog CEO, Amitabh Kant, said on Saturday.   Addressing the CareEdge Ratings ‘Conversations 2024’ conference in Pune, he said the notion that developing countries offer more ris...
Robust sovereign credit rating agencies need of the hour: Amitabh Kant
Robust sovereign credit rating agencies need of the hour: Amitabh Kant
Source: IANS
2024-07-13 02:54:08 pm
EV adoption could save $10 bn, create millions of jobs by 2030: Amitabh Kant Highlighting the need to create a new overarching strategy for road transport that can boost transition to Electric Vehicles (EV), G20 Sherpa and former NITI Aayog CEO, Amitabh Kant on Tuesday said that EV adoption could save $10 billion and create millions of jobs by 2030.   "There is a need to develop a new overarching strategy for road transport that can accelerate the EV transition by 2030," Kant wrote in a post on X. He also mentioned that this transition should focu...
EV adoption could save $10 bn, create millions of jobs by 2030: Amitabh Kant
EV adoption could save $10 bn, create millions of jobs by 2030: Amitabh Kant
Source: IANS
2024-07-09 05:22:46 pm
PM Narendra Modi`s approach to digital public infra has been relentless, meticulous: Amitabh Kant Prime Minister Narendra Modi's approach towards digital public infrastructure has been relentless and meticulous, delivering rich dividends for Indian citizens, said G20 Sherpa and former NITI Aayog CEO Amitabh Kant on Saturday. Praising PM Modi leadership, Kant said that people in India do 130 billion fast payment transactions in a year today. "Today in India, we do 130 billion fast payment transactions in a year and the success story of India's digital payments has been s...
PM Narendra Modi`s approach to digital public infra has been relentless, meticulous: Amitabh Kant
PM Narendra Modi`s approach to digital public infra has been relentless, meticulous: Amitabh Kant
Source: IANS
2024-06-30 08:58:01 am
Next 5 years to focus on skilling, creating vast number of new jobs: Amitabh Kant As the demand for talented young Indians grows for emerging technologies, the new government under Prime Minister Narendra Modi will further focus on skilling and creating new jobs, G20 Sherpa Amitabh Kant has said.  There is an urgent need to bridge the gap between industry demands and the available talent pool and ramp-up the skilled engineers pool in India, particularly in areas where there is a high demand, such as artificial intelligence, machine learning, data science, and cyber...
Next 5 years to focus on skilling, creating vast number of new jobs: Amitabh Kant
Next 5 years to focus on skilling, creating vast number of new jobs: Amitabh Kant
Source: IANS
2024-06-08 02:38:09 pm
If I had such an atmosphere, I would've become a startup entrepreneur: Amitabh Kant Hailing Prime Minister Narendra Modi's efforts in promoting the startup sector in India, G20 Sherpa and former NITI Aayog CEO Amitabh Kant has said if such an atmosphere had existed during his time, "I would never have sat for the IAS exam and would have become a startup entrepreneur instead". Speaking to IANS at the 'Vishesh Sampark Abhiyan' event in the national capital, Kant said the biggest thing the PM Modi government did in the last decade is that it relaxed rul...
If I had such an atmosphere, I would've become a startup entrepreneur: Amitabh Kant
If I had such an atmosphere, I would've become a startup entrepreneur: Amitabh Kant
Source: IANS
2024-05-21 05:12:11 pm
India to contribute about 30 pc of global GDP growth between 2035-2040: Amitabh Kant  India is likely to contribute 30 per cent of the global gross domestic product (GDP) between 2035-2040, G20 Sherpa and former NITI Aayog CEO Amitabh Kant said here on Saturday. Speaking at a session on the second day of the 'CII Annual Business Summit 2024' in the national capital, Kant said that structural reforms in the country have elevated the country from the "fragile 5" to the "top 5". The huge amount of reforms across the spectrum has resulted in...
India to contribute about 30 pc of global GDP growth between 2035-2040: Amitabh Kant
India to contribute about 30 pc of global GDP growth between 2035-2040: Amitabh Kant
Source: IANS
2024-05-19 08:41:23 am
Global future will not be driven by big tech firms but by India`s digital public infrastructure: Amitabh Kant India's G-20 sherpa Amitabh Kant has said that the global future will not be driven by big technology firms but by the digital public infrastructure (DPI) platforms developed locally. He said India will transfer its DPI to the rest of the world, and already there are many examples of countries warming up to the same.  Kant stated that the DPI consists of the digital identity through Aadhaar, real time payment through the UPI platform and other services like account aggregator, and...
Global future will not be driven by big tech firms but by India`s digital public infrastructure: Amitabh Kant
Global future will not be driven by big tech firms but by India`s digital public infrastructure: Amitabh Kant
Source: Accord Fintech
2024-04-19 12:38:10 pm
India needs at least 1 mn fast chargers to adopt EVs by 2030: Amitabh Kant The G20 sherpa and former NITI Aayog CEO, Amitabh Kant has said that India needs at least one million fast chargers to adopt electric vehicles (EVs) by 2030. In a post on X, he said that instead of importing, the country needs to push localisation content in manufacturing, with megawatt-hour charging for buses and commercial vehicles. "All EV players & startups instead of creating tech silos must work together to build an interoperable fast-charging network. This is critical fo...
India needs at least 1 mn fast chargers to adopt EVs by 2030: Amitabh Kant
India needs at least 1 mn fast chargers to adopt EVs by 2030: Amitabh Kant
Source: IANS
2024-04-07 06:18:31 pm
Indian companies should make electric 2-wheelers for global market: Amitabh Kant The future is electric in India which has seen a meteoric rise in EV adoption and homegrown companies should now aim to make electric two-wheelers for the global market, the G20 sherpa and former NITI Aayog CEO, Amitabh Kant, said on Saturday. Speaking at Ather Energy’s community day event here, Kant said that India is already the biggest exporter of two-wheelers in the world. “Now is the time for Indian EV companies like Ather to not only make 2 two-wheelers for the domesti...
Indian companies should make electric 2-wheelers for global market: Amitabh Kant
Indian companies should make electric 2-wheelers for global market: Amitabh Kant
Source: IANS
2024-04-06 04:40:39 pm
India needs to grow at 9-10% to become $35 trillion economy by 2047: Amitabh Kant Former NITI Aayog CEO Amitabh Kant has said that India needs to grow at 9-10 per cent to become $35 trillion economy by 2047. He said ‘India will be the third largest economy by 2027 and now that Japan, the United Kingdom and Germany are all in the recession phase, we should be able to do it much quicker and much faster’.  Kant said currently, India is the fifth largest economy and the size of the Indian economy would be about $3.6 trillion by March 31, 2024 in nominal ter...
India needs to grow at 9-10% to become $35 trillion economy by 2047: Amitabh Kant
India needs to grow at 9-10% to become $35 trillion economy by 2047: Amitabh Kant
Source: Accord Fintech
2024-02-22 11:37:50 am
Tourism now is all about experience, says Amitabh Kant India is positioned at the forefront of global economic growth, poised to become the world's third-largest economy by 2027, said Amitabh Kant, former CEO of Niti Aayog, at the inaugural session of the 10th Indian Heritage Hotels Convention being held at the Tijara Fort in Alwar.Addressing the session as the chief guest, Kant said the primary engine driving this growth within the local economy is tourism."Tourism is also key to achieving equitable growth. Tourism today has moved beyond elitism...
Tourism now is all about experience, says Amitabh Kant
Tourism now is all about experience, says Amitabh Kant
Source: IANS
2023-09-17 09:01:29am