Amitabh kant | Pixr8 News

31May By Lavina TolaniNo Comments

INDIA

Niti Aayog to Push “Make in India” for Medical Devices

Government policy think tank, Niti Aayog is all geared up to boost production of medical devices in India. In its meeting held on Wednesday, the organisation discussed mull measures like tax-based incentives and caps on distributor and retailer margins, as reported by sources. The meeting was held under the chairmanship of regulatory body's CEO Amitabh Kant. A person concerned with the matter informed that the Niti Aayog is currently working on proposals o incentivise domestic manufacturing of medical devices following orders from the Prime Minister's Office. Another crucial matter discussed in the meeting was to bring down prices of medical devices as opposed to capping their maximum retail prices. One of the sources said, The government is looking at amending the Drug Prices Con...

17Mar By NitishNo Comments

INDIA

BHIM App Crosses 18 Million Downloads

Indigenous digital payments app BHIM, launched by the central government last December for fast and secure cashless transactions, has recorded 18 million downloads so far, Niti Aayog CEO Amitabh Kant today said. "#BHIMApp breaks all records! Crosses a record of 18 million downloads since its launch on Dec 30 2016. #GoCashlessGoDigital," Kant said in a tweet. The Bharat Interface for Money (BHIM) app was launched on the iOS platform earlier this month. It is also available on the Android platform. BHIM is a Mobile App developed by National Payments Corporation of India (NPCI), based on the Unified Payment Interface (UPI). It was launched by Narendra Modi, the Prime Minister of India, at a Digi Dhan programme at Talkatora Stadium in New Delhi on 30 December 2016. It has been name...

4Sep By AnkitaNo Comments

INDIA

There Should be One Policy For Retail Business and E-commerce, Says Amitabh Kant

(Pic Source: Gaurav Munjal, Unacademy co-founder Facebook profile) India is the only country where there are different policies for different segments of the retail business and e-commerce. Logically, there should be one policy, said Amitabh Kant, CEO, NITI Aayog, while interacting with CEOs at the Valedictory Session of the sixth edition of Massmerize 2016, FICCI’s annual flagship Retail, FMCG and E-Commerce Convention. He said that in today’s globalized world, it has become essential for India to become a part of the global supply chain. For this, India has opened up its economy and liberalized the FDI regime. Now India features as the number one nation in attracting FDI, which has given the country access to latest technology, global best practices and global innovations. Kant ...

24May By Press Trust of IndiaNo Comments

INDIA

India Aims to Be Among Top 30 in Ease of Doing Biz: Amitabh Kant

The government is focussed on improving infrastructure and driving innovation to ensure that India ranks among the top 30 countries in terms of ease of doing business in the next 3-4 years, Niti Aayog CEO Amitabh Kant said today. Speaking at an IAMAI event here, Kant said the ecosystem of innovation is just "beginning to blossom" and one is seeing a resurgence of young Indians starting new businesses. "Our objective is that India must become a very easy and a very simple place to do business in. This is one government that is focussed on innovation and trying to make India an easy simple place to do business," he added. Stating that India has jumped up 12 positions in the ease of doing business, Kant said the government has taken various steps in this regard including bringing in ...

18Feb By Press Trust of IndiaNo Comments

INDIA

‘Make in India Week’ gets Rs 15.2 lakh crore investment commitments

MUMBAI: The week-long Make in India event here has secured investment commitments worth Rs 15.2 lakh crore, with host state Maharashtra alone accounting for Rs 8 lakh crore. Besides, it received investment enquiries worth Rs 1.5 lakh crore. "The multi-sectoral Make in India Week has been a great success. We've managed to get investment commitments to the tune of over Rs 15.2 lakh crore from the event," DIPP Secretary Amitabh Kant told reporters at the closing press meet at the MMRDA Grounds here today. He is hopeful that the summit will create a favourable environment for investors from across the world. Out of the total investment commitments, the host state made up for more than half, at Rs 8 lakh crore, Kant said, adding that Maharashtra could become the gateway for the rest of ...

15Feb By Press Trust of IndiaNo Comments

INDIA

Relocate Your Manufacturing Base to India: Amitabh Kant Tells Japan

MUMBAI: Japanese companies should relocate their manufacturing base to India as this is the "only way" to strengthen bilateral partnership between the two countries, DIPP Secretary Amitabh Kant said today. "You (Japanese companies) have to relocate your manufacturing base into India... This is the only way you can strengthen Japan's and Indian partnership for the future," the Department of Industrial Policy and Promotion Secretary said at the Make in India Week. At a special session in the presence of Prime Minister Shinzo Abe's advisor, Kant said Japan is an advanced nation and it is too expensive to do manufacturing there. "You've to capture India and you've to capture the world and the only way you can do it is if you manufacture here," Kant, the CEO-designate of government thi...

Government working to make start, exit easy for startups, says Nirmala Sitharaman

16Jan By Press Trust of IndiaNo Comments

INDIA

Government working to make start, exit easy for startups, says Nirmala Sitharaman

The government is working to make it easy for budding entrepreneurs to start a business or exit from it, giving boost to the Indian startup ecosystem, Union Minister Nirmala Sitharaman said at Startup India Event. "I understand that starting a startup is as much important as somebody wants to exit from it. The government is working to make the exit also (easy)," Sitharaman said at the 'Startup India' conference. On the eve of #StartupIndia launch, here's a message from @CimGOI Smt. @nsitharaman . @standup_startup pic.twitter.com/FjplrmrqgI— CIM India@GOI (@CimGOI) January 15, 2016 She said Finance Minister Arun Jaitley is working "hard" on the Bankruptcy Code. The Insolvency and Bankruptcy Code 2015, which seeks to provide an easy exit option for insolvent and sick compa...

DIPP secretary Amitabh Kant to take over as Niti Aayog CEO

8Jan By Press Trust of IndiaNo Comments

INDIA

DIPP secretary Amitabh Kant to take over as Niti Aayog CEO

Amitabh Kant, secretary in the Department of Industrial Policy and Promotion, was on Thursday appointed as the chief executive officer of Niti Aayog. He will take over the new job after his retirement, next month-end. The competent authority has approved the appointment of Kant, a 1980 batch IAS officer of Kerala cadre, as CEO of Niti Aayog, after his superannuation in February-end, an order issued by Department of Personnel and Training said. “The terms and conditions of his appointment as CEO, Niti Aayog will be conveyed in due course,” it said. 59-year-old Kant has been appointed in place of former IAS officer Sindhushree Khullar, who was appointed as the first CEO of the National Institution for Transforming India (Niti) Aayog, a body that has replaced Planning Commission, ...