Tuesday, November 5

Tag: Niti Aayog

Niti Aayog to Push “Make in India” for Medical Devices
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...
NITI Aayog Launches Platform For Women Entrepreneurs
INDIA

NITI Aayog Launches Platform For Women Entrepreneurs

NITI Aayog, the policy institute of the Government of India launched the Women Entrepreneurship Platform (WEP) yesterday, to mark the International Women’s Day. This project aims at building a sustainable environment for women across India to realize their entrepreneurial objectives, substantially increase state-of-the-art initiatives and initiate long-term and sustainable business strategies for their companies. The vision of this plan is to involve more women in the economical dynamics of this country and empower them with the necessary tools and knowledge to contribute to the development of a modern India. “The platform aspires to substantially increase the number of women entrepreneurs who will create and empower a dynamic new India,” said Anna Roy, head of Nasscom’s WEP. CEO of N...
Paytm And PhonePay Asks PM Modi To Make NPCI Neutral Towards Bhim
News

Paytm And PhonePay Asks PM Modi To Make NPCI Neutral Towards Bhim

An issue of NPCI's premium treatment to BHIM app was brought up by several leading entrepreneurs in the payments sector, including Paytm’s Vijay Shekhar Sharma and PhonePe’s Sameer Nigam, at the NITI Aayog event held last week, reiterating the suggestions made by the Watal Committee. They recommended the Prime Minister and the government to make National Payment Corporation of India (NPCI) a neutral body to ensure a level playing field between banks and pvt tech companies. The issue was  NPCI’s backing of BHIM app and the government outlying nearly Rs 500 crore for cashback and bonus only for this UPI app as per the report by The Economics Times. Around 74.7% of the shareholding of NPCI is held by 10 promoter banks. Last year, NPCI broad-based its shareholding base to 56 banks fro...
Indian PM Narendra Modi To Meet 200 Startup Entrepreneurs And CEOs
INDIA, News

Indian PM Narendra Modi To Meet 200 Startup Entrepreneurs And CEOs

Prime Minister Narendra Modi is set to meet 200 startup entrepreneurs and CEOs who have set up successful business right from the scratch; today to discuss on a range of issues including job creation, income growth and innovation at a session organized by federal policy think tank NITI Aayog. (more…)
Soon You Dial ‘14444’ To Raise Your Queries on Digitial Payments
INDIA

Soon You Dial ‘14444’ To Raise Your Queries on Digitial Payments

Nasscom, telecom operators, and NITI Aayog have come together in creating a dedicated helpline 14444 for addressing all queries on digitial payments, as government takes strides to push for more digital transactions post demonetisation. After the fourth meeting of the Committee of Chief Ministers on digital payments, Convenor and Andhra Pradesh Chief Minister Chandrababu Naidu said, plans are afoot to import one million PoS machines to enable cashless payments across India. Briefing the media on the discussions, Naidu also said the Committee of Chief Ministers will present its interim report on digital payments movement to Prime Minister Narendra Modi within a week. "We are planning a sustainable, long-term, policy to attract majority in India to move to digital payments through prov...
DIPP secretary Amitabh Kant to take over as Niti Aayog CEO
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, ...