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NITI Aayog rolls out S.A.F.E. housing roadmap for industrial workers to boost growth NITI Aayog on Thursday released a comprehensive report on the crucial role of secure, affordable, flexible, and efficient (S.A.F.E.) accommodations for industrial workers in boosting India’s manufacturing sector.  India is poised to elevate its manufacturing sector’s contribution to GDP from the current 17 per cent to 25 per cent as part of its long-term vision of achieving Viksit Bharat by 2047. This ambitious goal is aligned with the country’s objectives of becomin...
NITI Aayog rolls out S.A.F.E. housing roadmap for industrial workers to boost growth
NITI Aayog rolls out S.A.F.E. housing roadmap for industrial workers to boost growth
Source: IANS
2024-12-20 09:15:25 am
India clocks impressive 67 pc growth in total exports in 10 years As demand for Indian products in the global market surges across categories, the country’s total exports reached about $778 billion in FY2023-24, compared to $466 billion in FY2013-14 — a whopping 67 per cent growth.  India’s share in world merchandise exports also improved from 1.66 per cent to 1.81 per cent, with the country advancing in rankings from 20th to 17th position, Union Minister of Commerce and Industry, Piyush Goyal, responded to a Parliamentary query. ...
India clocks impressive 67 pc growth in total exports in 10 years
India clocks impressive 67 pc growth in total exports in 10 years
Source: IANS
2024-12-07 10:55:13 am
India`s trade grew 5.45 pc in H1 2024 to $576 billion: NITI Aayog    India’s trade performance demonstrated stability and moderate growth during the first quarter of the current financial year, according to a NITI Aayog Trade Watch report released on Wednesday.  The publication offers a holistic snapshot of India’s trade position, combining global demand-supply perspectives, sectoral performance, and insights into emerging trade opportunities. Merchandise exports showed restrained growth, influenced by declines in critica...
India`s trade grew 5.45 pc in H1 2024 to $576 billion: NITI Aayog
India`s trade grew 5.45 pc in H1 2024 to $576 billion: NITI Aayog
Source: IANS
2024-12-04 05:10:28 pm
India should join China-backed Asian trade bloc, government think tank CEO says India should join the Regional Comprehensive Economic Partnership (RCEP), a top official at a government think tank said on Thursday, years after the country decided to walk out of the China-backed Asian trade bloc. The RCEP is the world's largest trade bloc backed by China and groups 15 Asia-Pacific economies, including Australia, Japan, New Zealand and the 10 member-states of the Association of Southeast Asian Nations (ASEAN). In 2019, India decided to not join the bloc, on the gr...
India should join China-backed Asian trade bloc, government think tank CEO says
India should join China-backed Asian trade bloc, government think tank CEO says
Source: Reuters
2024-11-07 05:04:54 pm
NTPC, ONGC joint venture poised for big push to green energy projects Maharatna public sector companies NTPC and ONGC have collaborated to form a Joint Venture Company (JVC) through their green energy subsidiaries – NTPC Green Energy Ltd. and ONGC Green Energy Ltd, to give a push to their expansion plans in the renewable and new energy sector.   “Subsequent to the signing of the Joint Venture Agreement on 7th February 2024, during India Energy Week 2024, and obtaining the required statutory approvals from DIPAM and NITI Aayog, NGEL has su...
NTPC, ONGC joint venture poised for big push to green energy projects
NTPC, ONGC joint venture poised for big push to green energy projects
Source: IANS
2024-11-05 09:04:40 am
Maharatna PSUs NTPC and ONGC Join Hands to form a JV Company Maharatna PSUs NTPC and ONGC have collaborated to form a Joint Venture Company (JVC) through their Green Energy Subsidiaries (NTPC Green Energy Ltd. and ONGC Green Energy Ltd.) to further promote their interest in renewable and new energy arena.   Subsequent to the signing of the Joint Venture Agreement on 7th February 2024, during India Energy Week 2024, and obtaining the required statutory approvals from DIPAM and NITI Aayog, NGEL has submitted an application to the Ministry...
Maharatna PSUs NTPC and ONGC Join Hands to form a JV Company
Maharatna PSUs NTPC and ONGC Join Hands to form a JV Company
Source: PR Agency
2024-11-04 01:18:47 pm
Punjab CM seeks incentives for industry on par with hill states  Presenting Punjab's industrial growth before a team of NITI Aayog, Chief Minister Bhagwant Mann on Wednesday sought incentives for industry of the state on a par with neighbouring hill states.  Addressing the gathering during the inaugural session of a workshop on MSME exports as drivers of growth for Punjab, the Chief Minister said that "it is the need of the hour to give subsidies and incentives to the industrialists of Punjab on a par with the hill states". H...
Punjab CM seeks incentives for industry on par with hill states
Punjab CM seeks incentives for industry on par with hill states
Source: IANS
2024-10-24 09:13:30 am
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
Centre to soon introduce 10 GW RFP for stationary energy storage systems The government on Friday said it will soon introduce a 10-gigawatt (GW) scheme for those working to build stationary, grid-scale energy storage systems.  Addressing an international summit organised by the India Energy Storage Alliance (IESA) in the national capital, Vijay Mittal, Joint Secretary of the Ministry of Heavy Industries, said the ministry “will be coming out with a 10 gigawatt request for proposal (RFP) for those who are working on the energy storage part of it, for ...
Centre to soon introduce 10 GW RFP for stationary energy storage systems
Centre to soon introduce 10 GW RFP for stationary energy storage systems
Source: IANS
2024-10-04 03:35:22 pm
Government considering tweaking regulatory norms for MedTech and pharma sectors: Niti Aayog member Niti Aayog member (Health) VK Paul has said that the government is considering tweaking regulatory norms for MedTech and pharma sectors and sought industry inputs for the same. He said with changing times the regulatory framework also needs to be worked upon. He noted that under the ages of principal scientific adviser to the Government of India, regulatory improvements for medical technology and pharma are under active consideration. He sought industry participation in making the system bett...
Government considering tweaking regulatory norms for MedTech and pharma sectors: Niti Aayog member
Government considering tweaking regulatory norms for MedTech and pharma sectors: Niti Aayog member
Source: Accord Fintech
2024-10-03 02:38:58 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
MMRDA secures Rs 31,673.79 crore loan from PFC to fast-track Mumbai infrastructure projects The Mumbai Metropolitan Region Development Authority (MMRDA) has secured a major loan of Rs 31,673.79 crore from the Power Finance Corporation (PFC) to finance nine crucial infrastructure projects that will transform Mumbai Metropolitan Region's (MMR) transportation landscape.    A formal loan agreement was signed between PFC and MMRDA on Wednesday, marking the financial closure of several high-priority infrastructure projects aimed at enhancing connectivity, boosting economi...
MMRDA secures Rs 31,673.79 crore loan from PFC to fast-track Mumbai infrastructure projects
MMRDA secures Rs 31,673.79 crore loan from PFC to fast-track Mumbai infrastructure projects
Source: IANS
2024-09-26 03:35:28 pm
Out-of-pocket health expenditure declined to 39.4pc in 2021-22: NITI Aayog The share of out-of-pocket expenditure out of total health expenditure has come down from 64.2 per cent in 2013-14 to 39.4 per cent in 2021-22, said Dr. V K Paul, Member (Health), NITI Aayog.  This decline in out-of-pocket expenditure “reflects a very positive indicator,” said Paul, while releasing the Union Health Ministry’s National Health Account (NHA) estimates for India 2020-21 and 2021-22. “More than Rs 1 lakh crore savings have accrued from the Ayushm...
Out-of-pocket health expenditure declined to 39.4pc in 2021-22: NITI Aayog
Out-of-pocket health expenditure declined to 39.4pc in 2021-22: NITI Aayog
Source: IANS
2024-09-26 10:17:30 am
India has the potential to become $10 trillion economy by 2032 Driven by strong GDP growth and robust manufacturing and emphasis on building infrastructure, India is on its way to becoming the third largest economy soon and has the potential to add $1 trillion to its GDP every 1.5 years to reach the $10 trillion economy mark by 2032, a new report showed on Saturday.   The country is expected to become a $4 trillion economy in 2024–2025, which would make it the world's fourth-largest economy. According to a report by IDBI Capital, the...
India has the potential to become $10 trillion economy by 2032
India has the potential to become $10 trillion economy by 2032
Source: IANS
2024-09-21 05:53:33 pm
Maha Government to collaborate with WEF for MMR`s development as global economy hub The Maharashtra government, which is chasing its ambitious target of a one trillion economy dollar, on Thursday will release a report penned by NITI Aayog on the development of the Mumbai Metropolitan Region (MMR) as a global economic hub with a 300 billion dollar economy from the present 140 billion dollars. This will be followed by the signing of a memorandum of collaboration between the Mumbai Metropolitan Region Development Authority (MMRDA) and the World Economic Forum (WEF).   C...
Maha Government to collaborate with WEF for MMR`s development as global economy hub
Maha Government to collaborate with WEF for MMR`s development as global economy hub
Source: IANS
2024-09-12 12:14:31 pm
Maha government sets up CS-led panel for MMR`s development as growth hub with $300 Bn economy The Maharashtra Government has appointed a Chief Secretary (CS)-led committee for the implementation of the NITI Aayog’s report on making the bursting Mumbai Metropolitan Region (MMR) a growth hub with a $300 billion economy by 2030 from the present $140 billion.   The state government, in its Government Resolution (GR) released late on Tuesday night has given a mandate to the CS-led 22-member committee to monitor the speedy implementation of the NITI Aayog’s recommendatio...
Maha government sets up CS-led panel for MMR`s development as growth hub with $300 Bn economy
Maha government sets up CS-led panel for MMR`s development as growth hub with $300 Bn economy
Source: IANS
2024-09-11 01:50:12 pm
NTPC and USAID/India sign MoU to develop Roadmap for transforming NTPC Townships and Offices as Net Zero Establishments NTPC has signed an MoU with USAID through its India Mission in Delhi to develop a roadmap for transforming NTPC Townships and Offices as Net Zero Establishments. The MoU was signed by Dr Vijay Prakash, Executive Director (SSEA and Envt. Engg.), NTPC and Mr Aaron Schubert, Deputy Mission Director (A) USAID/India and Bhutan in the presence of Shri Ravindra Kumar, Director (Operations), NTPC here in Delhi.   NTPC Limited, the largest integrated power utility in India, is addressing th...
NTPC and USAID/India sign MoU to develop Roadmap for transforming NTPC Townships and Offices as Net Zero Establishments
NTPC and USAID/India sign MoU to develop Roadmap for transforming NTPC Townships and Offices as Net Zero Establishments
Source: PR Agency
2024-09-09 01:58:57 pm
NITI Aayog unveils strategy to boost edible oil production by 43.5 million tonnes in Atmanirbharta drive The NITI Aayog on Thursday released a report outlining strategic interventions to increase India’s domestic edible oil production by a massive 43.5 million tonnes (MT) to bridge the import gap and put the country on a trajectory toward self-sufficiency.  The report titled "Pathways and Strategies for Accelerating Growth in Edible Oils Towards the Goal of Atmanirbharta" was released by NITI AAyog Vice-Chairman Suman Bery in the presence of senior officials. Overall, ...
NITI Aayog unveils strategy to boost edible oil production by 43.5 million tonnes in Atmanirbharta drive
NITI Aayog unveils strategy to boost edible oil production by 43.5 million tonnes in Atmanirbharta drive
Source: IANS
2024-08-30 09:19:30 am
10 Years of PMJDY: NITI Aayog CEO recalls how scheme`s 4-year target was cut to five months  The country is celebrating 10 years of Pradhan Mantri Jan Dhan Yojana (PMJDY), the world’s largest financial inclusion programme.  Launched on August 28, 2014, by Prime Minister Narendra Modi, PMJDY was a bold financial inclusion initiative to ensure every household in the country has access to basic banking services. Sharing his thoughts on 10 years of the government's flagship scheme, NITI Aayog CEO B.V.R. Subrahmanyam on Wednesday recalled an important moment in ...
10 Years of PMJDY: NITI Aayog CEO recalls how scheme`s 4-year target was cut to five months
10 Years of PMJDY: NITI Aayog CEO recalls how scheme`s 4-year target was cut to five months
Source: IANS
2024-08-28 01:58:33 pm
NITI Aayog and Dastur Energy mutually discuss a legal & regulatory framework for Carbon Capture Utilization and Storage (CCUS) in India Dastur Energy Pvt Limited, a leading provider of clean energy solutions, recently participated in the Workshop on Legal & Regulatory Frameworks foarbon Capture Utilization and Storage (CCUS). The event had Mr. Atanu Mukherjee, CEO and President Dastur Energy participating in the session on key Legal, Policy, and Regulatory Issues for CCUS. He shared his views on the legal regulatory frameworks for Carbon Capture Utilization and Storage (CCUS) in India which was organized by NITI Aayog. Jo...
NITI Aayog and Dastur Energy mutually discuss a legal & regulatory framework for Carbon Capture Utilization and Storage (CCUS) in India
NITI Aayog and Dastur Energy mutually discuss a legal & regulatory framework for Carbon Capture Utilization and Storage (CCUS) in India
Source: PR Agency
2024-08-27 09:50:27 am
NITI Aayog shares a $300 billion economy roadmap for Mumbai Metropolitan Region The NITI Aayog in its presentation to the Maharashtra government on Thursday suggested a roadmap for the Mumbai Metropolitan Region (MMR) to become a $300 billion economy by 2030 from the present $140 billion.   NITI Aayog CEO BVR Subrahmanyam during his meeting with Maharashtra Chief Minister Eknath Shinde and Deputy CMs Devendra Fadnavis and Ajit Pawar, suggested that the state can achieve this ambitious target with the promotion of MMR as global services' hub, affordable housin...
NITI Aayog shares a $300 billion economy roadmap for Mumbai Metropolitan Region
NITI Aayog shares a $300 billion economy roadmap for Mumbai Metropolitan Region
Source: IANS
2024-08-22 06:22:49 pm
CM Eknath Shinde directs MITRA to focus on taking Maha towards $1 trillion economy  Chief Minister Eknath Shinde directed the Maharashtra Institution for Transformation (MITRA) on Monday to work on taking the state towards making it a $1 trillion economy. “MITRA should support the environment, green energy manufacturing, education, agriculture, health and infrastructure and follow the state government in pursuing the goal of Maharashtra becoming a $1 trillion economy,” the Chief Minister said while chairing the board meeting of MITRA, which is a think ta...
CM Eknath Shinde directs MITRA to focus on taking Maha towards $1 trillion economy
CM Eknath Shinde directs MITRA to focus on taking Maha towards $1 trillion economy
Source: IANS
2024-08-12 05:13:43 pm
Rural-to-urban migration stands at 18.9 pc of population: Centre The government on Wednesday revealed recent figures on internal migration which demonstrate that rural-to-urban movement of household members stood at 18.9 per cent of the population, while urban-to-rural migration was 10.2 per cent.   According to Minister of State (Independent Charge), Statistics and Programme Implementation, Rao Inderjit Singh, the information on migration is collected from the Periodic Labour Force Survey (PLFS) conducted by the Ministry during the July 2020&ndash...
Rural-to-urban migration stands at 18.9 pc of population: Centre
Rural-to-urban migration stands at 18.9 pc of population: Centre
Source: IANS
2024-08-08 09:27:50 am
All preparations in place for Kerala’s investor meet in Chennai All arrangements are in place for the Kerala investor meet to be held in Chennai on Thursday which will be chaired by state Industries Minister P. Rajeeve, who will lead a team of top officials from the state government.  Kerala is boosting its efforts to attract investors and Rajeeve will interact with top investors in Chennai by showcasing the opportunities in Kerala in diverse sectors. The meeting, organized jointly by the Kerala State Industrial Development Corporation and the ...
All preparations in place for Kerala’s investor meet in Chennai
All preparations in place for Kerala’s investor meet in Chennai
Source: IANS
2024-08-08 09:22:13 am
PMO`s Advisory Council on Science, Technology & Innovation to empanel Dastur Energy Dastur Energy, an industry leader and expert in the industrial decarbonization value chain was invited earlier this month to participate in the Prime Minister’s Advisory Council on Science Technology and Innovation. This prestigious invitation is a result of the recognition of Dastur Energy’s sustained work in this space since 2020, that has been leveraged globally, and in India. Dastur Energy’s collaboration with the Indian Government in the area of CCUS started when, ba...
PMO`s Advisory Council on Science, Technology & Innovation to empanel Dastur Energy
PMO`s Advisory Council on Science, Technology & Innovation to empanel Dastur Energy
Source: PR Agency
2024-08-05 02:00:25 pm
Agriculture key focus area of development strategy in India: Ramesh Chand Niti Aayog member Ramesh Chand has said that agriculture has been a key focus area of development strategy in India, and the country has achieved the highest growth rate of 5 per cent in the farm sector during the seven years from 2016-17 to 2022-23. Chand said that according to the World Bank data, India achieved the highest growth rate in GDP agriculture in the world in the last 10 years. He pointed out that the share of agriculture in the world GDP has risen from 3.2 per cent in 2006 to...
Agriculture key focus area of development strategy in India: Ramesh Chand
Agriculture key focus area of development strategy in India: Ramesh Chand
Source: Accord Fintech
2024-08-05 11:47:45 am
India on way to become global manufacturing hub India is on track to become a global manufacturing centre, driven by its rapid economic growth and strategic initiatives, according to a report by the global financial services firm Lazard.  The report, “Outlook on Emerging Markets,” highlights India’s strong demographic advantage, projecting significant growth until 2060 due to its young and expanding labour force. With nearly 80 per cent of its population under the age of 50 and a rising middle class experiencin...
India on way to become global manufacturing hub
India on way to become global manufacturing hub
Source: IANS
2024-07-29 02:32:33 pm
India must aim $30 trillion economy with per capita income of $18,000: NITI Aayog For India to become a developed nation, it needs to strive to be a $30 trillion economy by 2047 with a per capita income of $18,000 per annum, a key NITI Aayog document has revealed.   By then, the GDP would have to grow 9 times from today’s $3.36 trillion and the per capita income would need to rise 8 times from today’s $2,392 per annum, according to the 'Vision for Viksit Bharat @ 2047, An Approach Paper'. "The 21st century can be India’s century, a...
India must aim $30 trillion economy with per capita income of $18,000: NITI Aayog
India must aim $30 trillion economy with per capita income of $18,000: NITI Aayog
Source: IANS
2024-07-29 09:32:08 am
PM Narendra Modi envisions investor-friendly charter for states to achieve Viksit Bharat by 2047  Prime Minister Narendra Modi on Saturday encouraged the states to provide an investor-friendly environment, as he directed the NITI Aayog to prepare an ‘Investment-friendly Charter’ of parameters which would include policies, programmes, and processes to be put in place for attracting investments.   The states may be monitored on the achievements in these parameters to promote healthy competition among them for attracting investments, said the Prime Minister while ch...
PM Narendra Modi envisions investor-friendly charter for states to achieve Viksit Bharat by 2047
PM Narendra Modi envisions investor-friendly charter for states to achieve Viksit Bharat by 2047
Source: IANS
2024-07-28 08:48:25 am
States can play active role to achieve Viksit Bharat@2047: PM Narendra Modi Prime Minister Narendra Modi said on Saturday that Viksit Bharat@2047 is the ambition of every Indian and the states can play an active role to achieve this aim as they are directly connected to the people.  Addressing the 9th Governing Council meeting of the NITI Aayog here, PM Modi said, “This decade is of changes, technological and geopolitical, and also of opportunities. India should grab these opportunities and make our policies conducive to international investments. This ...
States can play active role to achieve Viksit Bharat@2047: PM Narendra Modi
States can play active role to achieve Viksit Bharat@2047: PM Narendra Modi
Source: IANS
2024-07-27 04:35:42 pm
ITC’s digital investments powered mainstreaming of digital-first culture: Sanjiv Puri At the company’s 113th AGM address, Sanjiv Puri, Chairman and Managing Director, ITC Ltd, shared his vision on 'ITC: Stakeholder Value through Purposeful Performance'.  In his address, Puri said ITC’s digital investments power mainstreaming of the digital-first culture, transforming all facets of operations - from insighting to product development, smart sourcing to on-time efficient delivery, superior brand engagement, and marketing through real-time content, conn...
ITC’s digital investments powered mainstreaming of digital-first culture: Sanjiv Puri
ITC’s digital investments powered mainstreaming of digital-first culture: Sanjiv Puri
Source: IANS
2024-07-27 09:52:34 am
Economic Survey: Non-farm sectors to play important role in job generation  The Economic Survey 2023-24 has brought out the importance of non-farm sectors in the growth trajectory of the Indian economy.   The farm sector always remains high on the political agenda for obvious reasons and hence the non-farm sector often has to take a back seat. However, the Economic Survey 2023-24 notes that the Indian economy needs to generate an average of nearly 78.5 lakh jobs annually until 2030 in the non-farm sector to cater to the rising workforce. The Surve...
Economic Survey: Non-farm sectors to play important role in job generation
Economic Survey: Non-farm sectors to play important role in job generation
Source: IANS
2024-07-23 09:05:54 am
Union Budget: Time to further modernise agri sector with corporate investments There is a further need to modernise agriculture and the private sector, especially in new research, post-harvest infrastructure and exports, industry experts said on Saturday.  NITI Aayog has called for a paradigm shift in India's agriculture approach, emphasising the need for a facilitating regulatory environment to enable private and corporate investments in new technologies, infrastructure, and producer linkages. “This is crucial as public sector R&D is constraine...
Union Budget: Time to further modernise agri sector with corporate investments
Union Budget: Time to further modernise agri sector with corporate investments
Source: IANS
2024-07-20 05:32:01 pm
India must tap GVCs for next wave of electronics manufacturing growth: Industry Industry leaders on Friday said that the country must seize the opportunity to create a conducive environment for Global Value Chains (GVCs) to thrive, in order to build a large-scale and globally competitive electronics manufacturing industry. Reacting to NITI Aayog’s latest report that envisions achieving a $500 billion target in electronics manufacturing by FY2030 and creating 60 lakh jobs, the industry leaders said that true growth potential lies in the global market. “G...
India must tap GVCs for next wave of electronics manufacturing growth: Industry
India must tap GVCs for next wave of electronics manufacturing growth: Industry
Source: IANS
2024-07-19 09:57:39 am
NITI Aayog sets $500 bn target for electronics manufacturing to create 6 million jobs by 2030 India's goal of becoming the third-largest global economy necessitates a more ambitious vision for its technology-driven sectors to achieve a USD 500 billion target in electronics manufacturing by FY 2030 which would create as many as 6 million jobs, according to a NITI Aayog report released on Thursday. “This ambitious target comprises USD 350 billion from finished goods manufacturing and USD 150 billion from components manufacturing. Such growth is projected to create employmen...
NITI Aayog sets $500 bn target for electronics manufacturing to create 6 million jobs by 2030
NITI Aayog sets $500 bn target for electronics manufacturing to create 6 million jobs by 2030
Source: IANS
2024-07-19 09:19:23 am
Manufacturing sector to play crucial role in journey towards Viksit Bharat: NITI Aayog NITI Aayog on Wednesday said the manufacturing sector, led by electronics, will play a crucial role in India's journey towards becoming 'Viksit Bharat', which can be achieved by accelerating 'Make in India' by engaging in Global Value Chains (GVCs).   With this perspective, NITI Aayog is set to release a comprehensive report on the subject suggesting a roadmap for the country to become a manufacturing powerhouse in the electronics sector. The report lays down th...
Manufacturing sector to play crucial role in journey towards Viksit Bharat: NITI Aayog
Manufacturing sector to play crucial role in journey towards Viksit Bharat: NITI Aayog
Source: IANS
2024-07-17 05:38:23 pm
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
India`s score on SDG index shoots up as poverty level dips, economy grows India's overall Sustainable Development Goal (SDG) score has shot up to 71 in 2023-24, compared to 66 in 2020-21 on the back of significant progress on eliminating poverty, providing decent work, economic growth, climate action and life on land, according to the NITI Aayog's SDG India Index released on Friday.  Targeted interventions by the Government such as Pradhan Mantri Awas Yojana, Ujjwala, Swachh Bharat, Jan Dhan, Ayushman Bharat-PMJAY, Ayushman Arogya  Mandir, PM-M...
India`s score on SDG index shoots up as poverty level dips, economy grows
India`s score on SDG index shoots up as poverty level dips, economy grows
Source: IANS
2024-07-13 09:29:29 am
India`s GDP to grow around 7% in FY25: NITI Aayog member NITI Aayog member Arvind Virmani has said that the India’s gross domestic product (GDP) will grow around 7 per cent in the current fiscal year (FY25) and is on track to maintain a similar growth rate for several years. He said there are new challenges facing the country and they will have to be dealt with. Recently, the Reserve Bank of India (RBI) pegged the FY25 GDP growth rate at 7.2 per cent. Talking on the decline in private consumption expenditures in the last fiscal year, Virma...
India`s GDP to grow around 7% in FY25: NITI Aayog member
India`s GDP to grow around 7% in FY25: NITI Aayog member
Source: Accord Fintech
2024-07-12 12:32:04 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
Atal Innovation Mission empowering innovators in Tier 2 & 3 cities: Director Atal Innovation Mission’s (AIM) Community Innovator Fellows (CIFs) programme is empowering innovators in Tier 2 and Tier 3 cities, said Dr. Chintan Vaishnav, Mission Director at AIM.  He said this while delivering a keynote address at NITI Aayog marking the celebration of the graduation of its second batch of CIFs on Friday. Dr. Chintan underscored the programme's pivotal role in advancing solutions across healthcare, education, agriculture, and financial services, resona...
Atal Innovation Mission empowering innovators in Tier 2 & 3 cities: Director
Atal Innovation Mission empowering innovators in Tier 2 & 3 cities: Director
Source: IANS
2024-07-06 01:44:52 pm
Emphasizing Sustainability, NITI Aayog`s Dr. V K Saraswat Advocates for Steel Slag Utilization as a CSR Activity at PHDCCI`s International Conference Sustainability comes with a price and we have to give away something for it, hence it should be treated as part of a CSR activity, said Dr. V K Saraswat, Member (Science), NITI Aayog while discussing the Steel slag and how the journey for the project of utilizing steel slag and fly ash as usable products started. Speaking at the International Conference on Steel Slag Road- A Sustainable Green Infrastructure Transforming Waste to Wealth organized by PHDCCI and CSIR-CRRI at The Oberoi H...
Emphasizing Sustainability, NITI Aayog`s Dr. V K Saraswat Advocates for Steel Slag Utilization as a CSR Activity at PHDCCI`s International Conference
Emphasizing Sustainability, NITI Aayog`s Dr. V K Saraswat Advocates for Steel Slag Utilization as a CSR Activity at PHDCCI`s International Conference
Source: PR Agency
2024-06-30 03:27:36 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
Atal Innovation Mission connects young innovators with rural ecosystem Atal Innovation Mission's (AIM) Student Entrepreneurship Programme (SEP) season -- 2023-24 has witnessed a special focus on connecting young innovators with Krishi Vigyan Kendras, resulting in a significant number of projects centred around the rural ecosystem theme, NITI Aayog said on Thursday.   AIM in partnership with La Fondation Dassault Systemes India celebrated the completion of its flagship programme for school students, 'Made in 3D - Seed the Future Entrepreneurs&#...
Atal Innovation Mission connects young innovators with rural ecosystem
Atal Innovation Mission connects young innovators with rural ecosystem
Source: IANS
2024-06-13 04:31:50 pm
PM Narendra Modi led-NDA government in third term must tackle problem of unemployment: Rajiv Kumar Former NITI Aayog Vice Chairman Rajiv Kumar has said that prime Minister Narendra Modi led-NDA government in its third term must tackle the problem of unemployment in the country, especially in the unorganised sector and in small and medium enterprises (SMEs). He also emphasised that the government now must finalise the four labour codes as it has been delayed beyond expectations. According to a recent International Labour Organisation (ILO) report, the share of unemployed youths in India'...
PM Narendra Modi led-NDA government in third term must tackle problem of unemployment: Rajiv Kumar
PM Narendra Modi led-NDA government in third term must tackle problem of unemployment: Rajiv Kumar
Source: Accord Fintech
2024-06-11 03:01:14 pm