NITI AAYOG
Money unspent is welfare denied
A significant portion, nearly 25%, of welfare funds earmarked for Scheduled Castes by central ministries remains unutilised in 2024-25, highlighting a persistent issue of underutilisation in public expenditure. To address this, a shift towards consolidated funding and targeted programs managed by the social justice ministry is proposed. This aims to improve efficiency, broaden beneficiary reach, and enhance program evaluation.
Govt sets up inter-ministerial committee to frame broad contours of national manufacturing mission
The government is planning a national manufacturing mission. An inter-ministerial committee has been formed for this. Niti Aayog CEO B V R Subrahmanyam chairs the committee. The mission aims to boost the Make in India initiative. It will focus on ease of doing business and workforce readiness. MSME sector development and technology availability are also priorities.
About one fourth of welfare funds for scheduled castes unutilised in 2024-25, lowest in a decade
In the 2024-25 financial year, about one-fourth of the funds allocated for the welfare of Scheduled Castes went unutilised, marking the lowest utilisation rate in a decade. Out of ?1.66 lakh crore earmarked, only 74.74% was utilised due to ministries' inability to identify targeted schemes and the imposition of the model code of conduct during parliamentary elections.
NITI Aayog reviews role of central, state electricity regulators
India is set to overhaul its power sector regulations, prompted by NITI Aayog's study on the effectiveness of electricity regulatory commissions (ERCs). The study aims to strengthen these institutions to handle the evolving electricity landscape, including new market entrants and technologies.
Apple plans to ramp up iPhone production in India to accelerate manufacturing shift from China
Apple intends to significantly increase iPhone production in India. This move aims to shift manufacturing away from China. The goal is to mitigate business risks from the Sino-US trade situation. India's iPhone output could rise to 70-80 million by 2026. India may become a key iPhone supplier to the US. Government support will be crucial for this expansion.
US-China standoff will benefit India in long term; exports to go up in new categories: NITI Aayog’s Arvind Virmani
Virmani expects more production, manufacturing, and jobs to accrue for India over a long-term period, with an acceleration in the shift of supply chains to India.
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Vietnam stole a march on India. It's India's time now
Alphabet is planning to shift some Google Pixel production from Vietnam to India, aiming to de-risk amid US tariff threats. This marks a significant turn, as Vietnam had been the biggest winner of the “China Plus One” strategy after Covid disrupted Chinese supply chains. The move signals India’s growing role in global electronics manufacturing, especially for US-bound devices.
Niti member bats for GM edible oils for self-sufficiency
Niti Aayog member Ramesh Chand has advocated for India to embrace GM edible oils to boost self-sufficiency, citing significant yield improvements seen in the US and China. He has suggested stringent labeling to address consumer concerns regarding GM produce.
India eyes 100 GW nuclear power capacity by 2047 — but should it gamble on small reactors or stick to proven tech?
India is revisiting nuclear energy to meet increasing power demands and achieve energy independence, aiming for a 12.5-fold increase in nuclear power generation by 2047. This revival faces challenges, including safety concerns, high costs and public anxiety, reminiscent of past protests against nuclear plants like Kudankulam.
PM Modi to address civil servants on Monday; present awards on excellence in public administration
Prime Minister Narendra Modi will address civil servants on National Civil Services Day, April 21, 2025, and present awards for excellence in public administration. The awards recognise innovative work by districts and organisations.
Indian scientists submit detailed project report to develop new semiconductor material
The proposal is for the development of 2D semiconductors using ultra-thin materials like graphene and transition metal dichalcogenides. These materials can enable chip fabrication at the angstrom scale, that could enable chip sizes as small as one-tenth of the smallest chips currently in global production and develop India's leadership in semiconductors.
Indian scientists submit detailed project report to develop new semiconductor material
Indian Institute of Science proposes developing 'angstrom-scale' chips using 2D materials like graphene, aiming to surpass current silicon-based technologies. Submitted to the government, the project seeks ?500 crore over five years to establish indigenous next-generation semiconductor technology. With global interest growing in 2D materials, India aims to secure a leadership position in this post-silicon era.
Manufacturing base and cost advantages to make India a leader in global auto component market: NITI Aayog
NITI Aayog's report highlights India's potential to lead the global automotive component market, driven by its growing manufacturing base and cost advantages. Auto component exports surged by 73% since FY21, reaching USD 12.8 billion in FY24, with key destinations being North America and Europe. Simultaneously, imports have also increased, with China being the largest supplier.
Smart tech, self-driving and safety features to dominate auto industry by 2030: Niti Aayog report
A NITI Aayog report indicates a major shift in the automobile sector by 2030. Safety features and electric vehicles are driving this change. Advanced Driver-Assistance Systems adoption will rise sharply. Autonomous driving technology will also increase significantly. Software will play a bigger role in vehicle value. Electric vehicle components will constitute a large portion of car value.
India lacks innovations in automobile sector, need to hike substantial investments in R&D: NITI Aayog
A NITI Aayog report reveals that India's automotive sector growth is hampered by insufficient innovation due to inadequate R&D infrastructure and low investment. This limits competitiveness in emerging technologies like EVs and autonomous driving. Minimal collaboration between industry, academia, and research further restricts progress, leading to reliance on foreign technologies.
Indian economy will be bigger than Germany, Japan in three years: NITI Aayog CEO
NITI Aayog CEO B V R Subrahmanyam announced India's projected economic growth, forecasting it to surpass Germany and Japan within three years and potentially become the second-largest economy by 2047. He emphasized India's demographic advantage as a stable supplier of working-age people and its potential to become a global education hub, urging Indian companies to aim for global leadership.
As tariff wars rage, India tries to steal China's thunder
Trade war: Amidst the US-China trade tensions, India is strategically positioned to enhance its manufacturing and exports, potentially benefiting from new opportunities arising from Trump's tariffs. The US sees India as a crucial partner, encouraging deeper trade ties and supply chain diversification away from China.
NREGS daily minimum wage unlikely to see sharp increase
The government is unlikely to significantly increase the NREGS daily floor wage beyond the usual annual hike, despite panel recommendations, fearing inflationary pressure. A parliamentary panel suggested raising the wage to ?400 a day and increasing workdays to 150 annually. The government may scrutinize the scheme's effectiveness, with Niti Aayog evaluating it.
From ‘hopeless’ to a hotspot: India has second-mover advantage in the global AI race: Amitabh Kant
ET reported that globally, India led the way in AI hiring growth in 2024, recording a year-over-year increase of 33.39%. The country has also seen the highest increase globally in AI talent concentration between 2016 and 2024, at 252%, according to a recent report by Stanford.
Move beyond Trump’s tariff war: Former Niti Aayog CEO Amitabh Kant warns of a deeper global economic reset
The breakdown of the old economic structures opens new doors for India to emerge as a resilient, alternative manufacturing and digital powerhouse. However, it must move swiftly and decisively to grab the chance, he said.
NITI Aayog lays out roadmap to boost exports of hand and power tools
NITI Aayog proposes Rs 8,000 crore financial support, alongside labor and regulatory reforms, to boost India's hand and power tools exports. The aim is to capture a larger global market share, targeting $25 billion in exports and creating 3.5 million jobs. Addressing cost disadvantages and developing world-class clusters are crucial for achieving competitiveness against dominant players like China.
Cyberattacks pose potentially crippling consequences for national stability: Amitabh Kant
In 2024, the banking, financial services and insurance sectors witnessed a huge surge in the sophistication and diversity of cyberattacks and the average cost of data breaches reached almost $2.8 million in India, Kant said, adding that last year, Indian businesses faced over 3,000 cyber attacks per week.
India sees export opportunity in 10 products amid US-China tariff war
India has identified 10 sectors, including apparel, chemicals, and pharmaceuticals, where high US tariffs on China provide a competitive edge. The goal is to capitalise on this advantage to offset losses in other sectors.
Cost of semiconductor chips per vehicle to double to $1200 by 2030 due to tech advancement: NITI Aayog
The cost of semiconductor chips in vehicles is expected to double from $600 to $1,200 by 2030 due to increased use of advanced technologies like EVs, ADAS, IoT, and autonomous driving, according to NITI Aayog. This reflects a broader transformation in the auto industry, driving closer ties with tech sectors and boosting demand for high-tech components.
MMRDA gears up for $47 billion infrastructure makeover in Mumbai region
The MMRDA is set to revolutionize Mumbai's infrastructure with a massive Rs 4.07 lakh crore investment over the next five years, aligning with NITI Aayog’s Growth Hub strategy. This funding, secured through credit lines with Indian financial institutions, will fuel projects aimed at achieving 'Mumbai in Minutes' by enhancing urban transport, housing, and connectivity.
Duty amid despair: Unseen sacrifice of India's Agromet workers fighting climate chaos
Despite the government's order to shut down 199 District Agrometeorological Units (DAMUs) in January 2024, around 130 employees continued their work unpaid, driven by their commitment to farmers. These employees secured a court stay and persevered, assisting farmers through challenging weather conditions. After a year of sacrifice, their salaries were finally released following court intervention on March 31.
India's auto component industry to hit USD 145 billion by 2030, exports to triple: NITI Aayog
NITI Aayog envisions India's automotive component production soaring to USD 145 billion by 2030, with exports tripling to USD 60 billion. A new report analyzes the sector, highlighting opportunities and challenges to enhance India's global competitiveness. Strategic fiscal and non-fiscal interventions are suggested to boost India's role in global automotive markets.
NITI Aayog lays out roadmap to boost auto component manufacturing in India
In its report titled ‘Automotive Industry: Powering India’s Participation in Global Value Chains, released by NITI Aayog vice chairman Suman Bery on Friday, the Aayog has proposed fiscal incentives and non-fiscal interventions to help companies in the sector to scale up, match the global standards and enable India become part of the global value chain.
Viksit Assam 2047 a collective commitment to prosperity, says Chief Secretary Ravi Kota
A two-day workshop on "Viksit Assam 2047," organized by NITI Aayog, commenced in Guwahati, outlining a roadmap for a prosperous, inclusive, and sustainable Assam by 2047. The initiative emphasizes equity, innovation, and sustainability, focusing on education, healthcare, community development, and technological advancements like Industrial Revolution 4.0 to drive economic growth and social progress.
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