India announces Rs 6 lakh crore asset monetisation pipeline
NEW DELHI: India’s Finance Minister Nirmala Sitharaman on Monday announced a Rs 6 lakh crore National Monetisation Pipeline (NMP) that will look to unlock value in infrastructure assets across sectors ranging from power to road and railways. She also said the asset monetisation does not involve selling of land and it is about monetising brownfield […]
DIPAM, NITI Aayog agree to proposal of incorporating BEML subsidiary
NEW DELHI: BEML Ltd on Saturday said DIPAM and NITI Aayog have agreed to the proposal of incorporation of a wholly-owned arm for demerger of surplus land and asset as part of BEML’s strategic disinvestment process. “Ministry of Defence…conveyed that Department of Investment and Public Asset Management (DIPAM) and NITI Aayog have concurred to the […]
Niti Aayog unveils ‘Vision 2035’ for public health surveillance
NEW DELHI:Amid Covid-19 crisis, the NITI Aayog on Monday released a white paper by the name of ‘Vision 2035: Public Health Surveillance in India with the vision’. Among many of its goals are to make India’s public health surveillance system more responsive and predictive to enhance preparedness for action at all level. The Citizen-friendly public […]
PLI scheme to give $520 billion boost to manufacturing sector in 5 years: Amitabh Kant
NEW DELHI: The government of India’s production-linked incentive (PLI) scheme for key sectors has the potential to add $520 billion worth of manufacturing in the next five years, NITI Aayog CEO Amitabh Kant said on Saturday. Recently, the government of India (Centre) had announced the PLI scheme with a budgetary support of $26 billion. Addressing […]
India will become the top automobile manufacturing hub in the world: Nitin Gadkari
NEW DELHI: Today, the global visions community, Horasis in association with IMC Chamber of Commerce and Industry, Mumbai organized the first-ever Virtual Horasis Asia Meeting 2020. Minister of Road Transport & Highways, Shipping and of Micro, Small and Medium Enterprises, Nitin Gadkari graced the meeting with many other prominent political leaders of Asia and business […]
Government to provide production-linked incentives to more sectors: Niti Aayog
NEW DELHI: The government of India will introduce the production-linked incentive (PLI) scheme for more sectors to boost domestic manufacturing, Niti Aayog Vice Chairman Rajiv Kumar said on Friday. Addressing a virtual event organised by industry body FICCI, Kumar also highlighted the government’s efforts to push electric mobility or e-mobility in the country. He said […]
India scaling up production of active pharmaceutical ingredients: Amitabh Kant
By Lalit K Jha WASHINGTON: India, a global hub for generic drugs, has launched a new scheme to boost production of active pharmaceutical ingredients that are greatly dependent on the Chinese supply chain, according to NITI Aayog CEO Amitabh Kant. Speaking at the 14th Annual BioPharma and Healthcare Summit, he said India is now gearing […]
Gujarat tops Niti Aayog’s Export Preparedness Index 2020
NEW DELHI:Gujarat has topped the Niti Aayog’s Export Preparedness Index 2020 followed by Maharashtra and Tamil Nadu, according to the government think tank’s report released on Wednesday. Speaking at the launch of the report Niti Aayog CEO Amitabh Kant said rapid growth of exports is a crucial component for long-term economic growth. A favourable ecosystem […]
Niti Aayog pitches for bringing in private players for train operations
NEW DELHI: Private trains running on a particular route will have a head start of 15 minutes on other trains running on the same route, a maximum permissible speed of 160 kmph and also their own guards and crew, says a draft proposal mooted by Niti Aayog as it finalises the contours of bringing in […]
No plan to restore special category status to states
NEW DELHI: There is no plan to restore special category status — which has been scrapped by think- tank Niti Aayog — to any state in the country, the government informed the Rajya Sabha Thursday. Minister of State for Statistics and Planning Rao Inderjit Singh replied in the negative when Congress leader Ripun Bora asked […]
Punjab CM seeks PM’s support to improve state’s water distribution system
NEW DELHI: Punjab Chief Minister (CM) Amarinder Singh on Saturday sought Prime Minister Narendra Modi’s support in upgrading the state’s water distribution infrastructure and requested setting up of a fresh tribunal on river water disputes among neighbouring states. At the NITI Aayog Governing Council meeting here, Singh, who could not attend it due to ill-health […]
Goal to make India a 5 trillion dollar economy by 2024: Narendra Modi
NEW DELHI: The Prime Minister Narendra Modi today delivered the opening remarks at the fifth meeting of the Governing Council of NITI Aayog, in RashtrapatiBhawan Cultural Centre in New Delhi. Welcoming the Governor of J&K, Chief Ministers, Lieutenant Governor of Andaman and Nicobar Islands, and other delegates, the Prime Minister reiterated that NITI Aayog has […]
NITI Aayog reconstituted
NEW DELHI: Government has reconstituted NITI Aayog. Prime Minister Narendra Modi has approved the re-constitution of National Institution for Transforming India (NITI) Aayog as follows: Chairperson Prime Minister Vice-Chairperson Dr. Rajiv Kumar Full-Time Members (i) Shri V.K. Saraswat (ii) Prof. Ramesh Chand (iii) Dr. V.K. Paul Ex-officio Members (i) Raj Nath Singh, Minister of Defence […]
India to soon announce a policy to introduce ITES-Enabled Intelligent Transport System: Niti Aayog
NEW DELHI: In India, a person dies every 3.5 minutes in road accidents, out of which people in the prime age group perish the most. Despite it reaching enormous proportion, there is still lack of precautionary measures taken on road safety, states a study conducted by industry body, ASSOCHAM. To address these issues, the government […]
NITI Aayog, Intel and TIFR collaborate to set up a Model International Center for Transformative AI
NEW DELHI: NITI Aayog, Intel, and Tata Institute of Fundamental Research (TIFR) announced on 7th September that they are collaborating to set up a Model International Center for Transformative Artificial Intelligence (ICTAI) towards developing and deploying AI-led application-based research projects. This initiative is part of NITI Aayog’s ‘National Strategy for Artificial Intelligence’ Discussion Paper that […]
Niti Aayog asks auto cos to stick to timeline to achieve full e-mobility
NEW DELHI: Niti Aayog Vice Chairman Rajiv Kumar Saturday urged the automobile sector to confine to a timeline for achieving 100 per cent fully electric mobility solutions, powered by renewables. Kumar in his address at the Global Mobility Summit said transformation in the mobility sector requires a collaborative effort from states and all other stakeholders. […]