Tag Archives: Niti Aayog

Niti Aayog has recommended a major policy shift in the country’s global investment landscape, proposing that Chinese entities be allowed to acquire up to a 24% stake in Indian companies without the need for additional security clearance.The move could potentially ease the investment process for firms from the neighbouring country, which currently face lengthy delays due to mandatory government approvals.Under …

Eminent economist S Mahendra Dev has taken charge as Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), marking the end of a leadership vacuum at the top of the advisory body since last November.Dev, former Vice Chancellor of the Indira Gandhi Institute of Development Research, succeeds Niti Aayog Vice Chairman Suman Bery, who had been holding additional …

NEW DELHI: Niti Aayog, government’s policy think tank, recommended the introduction of a dedicated financing scheme to allow medium enterprises to avail loans at concessional rates. It also backed a credit card for such units with a Rs 5 crore limit for emergency needs.The report, released on Monday, stated that the scheme should be under the ministry of MSME and …

India has officially surpassed Japan to become the fourth largest economy in the world, according to NITI Aayog CEO B V R Subrahmanyam. Speaking at a press briefing following the 10th Governing Council meeting of NITI Aayog on Saturday, Subrahmanyam highlighted the favourable geopolitical and economic conditions for India.“We are the fourth largest economy as I speak. We are a …

Maharashtra has set an ambitious target of becoming a $5-trillion economy by 2047, with Chief Minister Devendra Fadnavis highlighting the state’s comprehensive strategy to achieve this goal. Addressing the NITI Aayog Governing Council meeting, Fadnavis said the state government is committed to implementing its vision for both development and the preservation of heritage, aligned with the central government’s goal of …

Niti Aayog CEO BVR Subrahmanyam emphasized that India must reduce tariffs for its own benefit, regardless of external pressures. He highlighted the need for India to prioritize openness to global markets and finalize trade agreements with major economies like the EU and UK. Deregulation at both central and state levels is also crucial for integrating into global supply chains. NEW …