NITI Aayog CEO

The Union Housing and Urban Affairs Ministry has set up a 14-member committee headed by former NITI Aayog CEO Amitabh Kant to examine issues related to stalled real estate projects and recommend various ways for their completion. According to an order issued by the ministry on March 31, the committee will submit its report within six months from the date of its first meeting. The 14-member panel will deliberate on the issues of legacy stalled projects and suggest ways to complete and hand over these projects to homebuyers in a time-bound manner, the order states. The Central Advisory Council chaired by Union Housing and Urban Affairs Minister Hardeep Singh Puri had decided on forming such a committee about a year ago. The committee comprises top central and state government officials, including the secretary in the department of financial services in the Union Ministry of Finance, the principal secretary of the housing and urban planning department of Uttar Pradesh and the chairper

The scheme is also exploring options to get a partial contribution or a top-up from individuals covered under the scheme

He has been the Secretary in the Ministry of Commerce & Industry; Chief Secretary of Jammu & Kashmir; Principal Secretary of Chhattisgarh, and has held positions in the Prime Minister's Office

The 1987 batch IAS officer of the Chhattisgarh cadre took over as the commerce secretary at a time when India was still grappling with the second wave of Covid-19

NITI Aayog CEO Parameswaran Iyer on Friday described the Budget 2023-24 as 'very comprehensive and balanced' which will promote growth with inclusion. He also observed that the Budget continues all the reforms and other social welfare programmes undertaken by the government over the past few years. Iyer further said the Budget has something for all, from the bottom, right up to industry to trade. "This is a Budget which focuses on growth, with inclusion. It's very balanced, it carries on from all the reforms and other social welfare programmes which the government has undertaken over the past few years," he told PTI in an interview. Iyer noted that the Budget focuses on infrastructure investment, social sector, and also on reaching out to the poor and marginalised section of society. According to Iyer, the huge focus on infrastructure and capex in the Budget will also incentivise states. Finance Minister Nirmala Sitharaman raised the capital expenditure by 33 per cent to Rs 10

NITI Aayog CEO Parameswaran Iyer on Thursday said that urbanisation is going to be the key as 50 per cent of India's population will live in urban areas by 2047. Addressing an event organised by industry body FICCI, Iyer said many states have done wonderful work in solid waste management. "Urbanisation is going to be the key. By 2047, 50 per cent of the population will live in urban areas, if you don't have basic services in urban areas, then it is going to be a big challenge," he noted. He said the circular economy is now also becoming increasingly important. Replying to a question on issues of cleanliness of India's tourist destinations, Iyer said," If you want to promote tourism in India aggressively, you better have clean places around, you better have better behaviour by tourists and by the locals." Most beautiful tourist destinations in India are littered.

Niti Aayog CEO Parameswaran Iyer on Friday said the food processing sector is critical for the Indian economy as well as job creation and stressed on ramping up production and exports of processed items. Addressing a CII seminar here, Iyer said there is a need to encourage the MSME sector to enter the food processing sector, which he described as a very important sector for the health of the economy and people. He underlined that food processing can boost farmers income and also help in achieving nutritional goals. Iyer said there is a need to augment primary processing at farm level. Stating that food security has become important in the current global context, he said the government has taken a number of steps in this regard. The Niti Aayog CEO highlighted that there has been a steady growth in agriculture. On the food processing front also, Iyer said a number of initiatives have been taken by the government, including the Production Linked Incentive (PLI) scheme. "This is a v

State chief secys' meet to address challenges faced in implementation of circular economy, says India's G20 Sherpa

Green mobility is going to play a major role in decarbonisation of India's transport sector, NITI Aayog CEO Parameswaran Iyer said on Wednesday. Iyer, while addressing an event organised by the 'Shoonya Forum', noted that the role of financing is critical for scaling of electric mobility in India. He also stressed on the need of finding ways to reduce risks associated with financing of electric vehicles. Pointing out that the rural India is urbanising rapidly, the NITI Aayog CEO said there is a need to push electric vehicles in smaller cities also. According to a recent report prepared by NITI Aayog and Rocky Mountain Institute (RMI) India, banks and non-banking financial companies (NBFCs) have the potential to achieve electric vehicle financing market size of Rs 40,000 crore by 2025 and Rs 3.7 lakh crore by 2030. The report had also stressed that lending by banks and NBFCs for buying EVs should be included in the Reserve Bank of India's (RBI) priority-sector lending (PSL) ...

An empowered committee headed by NITI Aayog CEO on Friday approved 32 beneficiaries under the production linked incentive scheme for large scale electronics manufacturing, including 10 for mobile manufacturing, the Aayog said. The Aayog in a tweet said the Parameswaran Iyer-headed committee approved the first incentive for mobile manufacturing under the PLI scheme for large scale electronics manufacturing. This is the first-ever disbursement under any PLI scheme, it added. "32 beneficiaries were approved under the #PLIscheme for Large-Scale Electronics Manufacturing, of which 10 (5 global and 5 domestic companies) were approved for mobile manufacturing," NITI Aayog said. The government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, pharma, textiles, advance chemistry cell and speciality steel. The objective of the scheme is to make domestic manufacturing globally competiti

Iyer, a 1981-batch IAS officer of Uttar Pradesh cadre, spearheaded the government's Swachh Bharat Mission to eradicate open defecation by constructing over 90 mn toilets in rural India

The man who helmed the Swachh Bharat mission once worked as a journalist and cut vegetables in a hotel

India's central bank is on course to bring down prices but the retail inflation rate is likely to remain above the top end of its mandated target band until December, Governor Shaktikanta Das said

He will have a tenure of two years; incumbent Amitabh Kant's term ends on June 30.

In a Q&A, the NITI Aayog CEO asserts that all sectors, not just manufacturing or services, will have to grow for India's economic transformation

Aadhaar has become the "bedrock" for the government's welfare schemes and has saved over Rs 2 trillion to the government by "eliminating fake and duplicate identities", says NITI Aayog CEO

India has done extremely well on the vaccination front and the challenge for the country is to grow 8-9 per cent over the next three decades, Niti Aayog CEO Amitabh Kant said on Tuesday.

Kant further said that India will grow if the country can use power of its private sector

Amitabh Kant said that the time is ripe for the EV industry to instill a sense of confidence in consumers the way global automakers do by voluntarily recalling their vehicles over fire risks

Covid has exposed a need for efficient healthcare delivery system, said NITI Aayog CEO, adding that technology and research solution that provide data-based information quickly is the need of the hour