Fiscal stimulus, faster bank recapitalisation needed to return to 7 pc growth rate: Panagariya

Fiscal stimulus, faster bank recapitalisation needed to return to 7 pc growth rate: Panagariya

New Delhi: India will need fiscal stimulus, lower interest rates, faster bank recapitalisation and privatisation of some PSUs to return to 7 per cent growth rate, former Niti Aayog vice chairman Arvind Panagariya said on Monday. Addressing a virtual event organised by AIMA, Panagariya further said the country lost nearly USD 125 billion in the … Read more

40 lakh people under surveillance as part of COVID-19 contact-tracing efforts, says Centre

40 lakh people under surveillance as part of COVID-19 contact-tracing efforts, says Centre

NEW DELHI: Around 40 lakh people have been kept under surveillance as a part of the contact-tracing efforts in the country and 5.4 crore samples were tested for coronavirus till September 10, Union minister Ashwini Choubey told the Rajya Sabha on Tuesday. The minister of state for health said there were 15,290 COVID-treatment facilities with … Read more

View: India’s entry into Top 50 global innovation nations provides push towards right future

View: India’s entry into Top 50 global innovation nations provides push towards right future

India’s GII rank has jumped 33 places since 2015, when it was ranked 81st. Synopsis The growth of a $190 billion-plus knowledge-based export services economy in the IT-ITeS sector points to thedepth of India’s entrepreneurial and human capital. This is also reflected in India’s ranking 12th in the number ofscience and engineering graduates in the … Read more

India has generational projects required to build country better post COVID-19: Top UN official

India has generational projects required to build country better post COVID-19: Top UN official

NEW YORK: The Indian government’s plan to connect over six lakh villages with optical fibre network is the kind of “generational projects” required to build the country better in a post-COVID world as it focuses on the inclusion and leapfrogging access to information and services, a top UN official has said. On India’s 74th Independence … Read more

States must set up dedicated export departments: NITI Aayog

States must set up dedicated export departments: NITI Aayog

States must set up dedicated export departments and re-look at the composition of exports with focus on labour intensive sectors, NITI Aayog vice chairman Rajiv Kumar said while reiterating that the government’s Atma Nirbhar Bharat package is aimed at pushing exports while continuing with critical imports into the country. “The aim is to double India’s … Read more

Arvind Panagariya cautions govt: Import licences will be a complete violation of WTO

Arvind Panagariya cautions govt: Import licences will be a complete violation of WTO

Noted economist and India’s first vice chairman of NITI Aayog Arvind Panagariya said import licences will be a complete violation of WTO and has cautioned India to reverse the trend of rising import tariffs as it will only encourage creation of micro and small enterprises. Panagariya’s comments come at a time when India has introduced … Read more

Robust online dispute resolution can facilitate affordable justice delivery, ease of doing biz: Amitabh Kant

Robust online dispute resolution can facilitate affordable justice delivery, ease of doing biz: Amitabh Kant

NEW DELHI: Niti Aayog CEO Amitabh Kant on Saturday said a robust online dispute resolution (ODR) ecosystem has the potential to ensure justice delivery in a cheaper, quicker and credible manner, which in turn can help in ease of doing business. Kant further said ODR is a fast-evolving dispute resolution mechanism that uses technology not … Read more

Government to integrate online job portals with Unnati to bring employers and job seekers under one umbrella

Government to integrate online job portals with Unnati to bring employers and job seekers under one umbrella

New Delhi: The government is planning to integrate its multiple job portals with NITI Aayog’s ‘Unnati’ portal to make it a one point source of information on number, qualification, skill sets and all related information about blue and grey collar workers in the country including mapping of their progress, a move aimed at bringing both … Read more

India to play crucial part in global manufacturing of Covid-19 vaccines

India to play crucial part in global manufacturing of Covid-19 vaccines

MUMBAI: India has a crucial role to play in the production of Covid-19 vaccines, with the largest manufacturing capacity in the world, top experts and researchers said on Thursday, while also emphasising that there should be no compromises on safety, efficacy and equitable distribution.“India’s private sector has an important role as the world’s leading manufacturer … Read more

List covid work done by all ministries: Central Information Commission to Health Ministry

List covid work done by all ministries: Central Information Commission to Health Ministry

New Delhi: After a Right to Information applicant sought answers to 18 questions on India’s response to Covid-19, the Central Information Commission (CIC) asked the health ministry to “compile all the measures taken by various ministries and list them chronologically on its website.” The recent order issued by chief information commissioner Bimal Julka stated that … Read more