Ramesh Abhishek, Secretary, Department of Industrial Policy and Promotion, Government of India, has emphasised that the digital economy is critical for India to make government services and welfare benefits accessible to remote areas of the country seamlessly.
Tag: NITI Aayog
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Committees on digital payments submit recommendations
A committee had been constituted by the Department of Economic Affairs, under the Chairmanship of Ratan P Watal, former Finance Secretary and Principal Adviser, Niti Aayog, in August 2016 to review medium term measures necessary to promote digital payment systems in the country. This Committee on Digital Payments has recommended structural reforms in the payment ecosystem, including amendments to the Payment and Settlement Systems Act, 2007.
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All Work, Before Play
When in August this year, India sent its largest ever delegation to the Summer Olympic Games held in Rio de Janeiro, Brazil, most expected the country to further improve on its performance over the London edition of the games which had been held four years earlier.
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Auto manufacturing will be main driver of ‘Make in India’ initiative
Girish Shankar, Secretary, Ministry of Heavy Industries and Public Enterprises has said that the Government of India aims to make automobiles manufacturing the main driver of ‘Make in India’ initiative, as it expects the passenger vehicles market to reach 9.4 million units by 2026, as highlighted in the Auto Mission Plan (AMP) 2016-26.
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´Port investments can add 1.4% to GDP growth´
Investments in setting up ports and large industrial cities near them can help push economic growth by up to 1.4 percentage points, Niti Aayog CEO Amitabh Kant has said.
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Instrumental Role
The government has appointed Amitabh Kant, Secretary in the Department of Industrial Policy and Promotion (DIPP), as full-time Chief Executive Officer of NITI Aayog. Kant, who has been helming some of the marquee initiatives of the Narendra Modi Government, will take over the job after his retirement as secretary in February end.
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Rail Min tweaks approval process
To hasten project implementation, the Railway Ministry has directed all its zonal headquarters to call tenders for an item of work even before the in-principle approval from the NITI Aayog.
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Sunshine in the Solar Sector
Paradoxically though, in a country with the fourth largest coal reserves, per capita electricity consumption is abysmally low and a significant number of Indians either have little or no access to electricity, while others face challenges in accessing uninterrupted and reliable electricity supply.
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IR may be running trains on loss
Despite an overall opera-¡ting ratio of 91 per cent, Indian Railways (IR) might be running many of its premium express trains on losses
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India-Bangladesh rail project to be ready by 2017
NITI Aayog has decided to commission the proposed 15-km India-Bangladesh railway project along Tripura by 2017, a top state official said.