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Special Category Status (SCS) The 14th Finance Commission has explicitly said that no special status can be granted, and the Union Finance Minister has made it clear that the Centre will not take requests for "special category status" for any state into consideration. States that have been pressing for it for a while, like Odisha, Bihar, and Andhra Pradesh, are taken aback by this. About special category status: Historical aspect: Fifth finance Commission originally presented the idea of SCS in 1969. The Constitution does not mention it. Because of their fundamental characteristics, limited resource base, and inability to mobilise resources…
25 February, 2023
NITI Aayog
Arvind Virmani: Full-time Member of NITI Aayog Dr. Arvind Virmani, a senior economist, was recently appointed as a full-time member of the NITI Aayog by the government. Dr V K Saraswat, Professor Ramesh Chand, and Dr V K Paul are the current members. About the National Institution for Transforming India (NITI Aayog) It was established in 2015 to replace the Planning Commission. It is an Executive Body (acts as a think tank and advisory body) with the goal of continuously fostering the spirit of cooperative and competitive federalism through structured support initiatives. NITI Aayog's membership is as follows: Chairperson: India's…
22 November, 2022
NITI Aayog
States may have NITI Aayog-like Bodies Soon Image Source - India Today With the goal of being a developed country by 2047, the NITI Aayog will help each state build up comparable organizations in place of its planning boards. Regarding the proposal The intention is to first establish such committees in 8–10 states before expanding to all by 2023. Karnataka, Uttar Pradesh, Madhya Pradesh, and Assam are the four states that have already started working on this; Maharashtra, Odisha, Andhra Pradesh, and Gujarat are likely to follow suit soon. The function of SIT: It will assist states in formulating policy,…
14 September, 2022
NITI Aayog
India’s Battery Storage Potential: NITI Aayog Image Source - NDtv In a recent analysis titled "Advanced Chemistry Cell Battery Reuse and Recycling Market in India," published by NITI Aayog, it was predicted that by the year 2030, India's battery demand will drastically rise. Findings of the Report Demand Predictions: By 2030, India will have 600 GWh of cumulative battery storage capacity. The yearly demand for batteries increased to around 730 GWh between 2010 and 2020 at a compound annual growth rate (CAGR) of 25%. Battery demand is anticipated to increase fourfold by 2030 and reach 3,100 GWh annually. Battery Current…
26 August, 2022
NITI Aayog
NITI Aayog’s Governing Council Meeting The seventh Governing Council meeting of NITI Aayog, which was presided over by the Honorable Prime Minister, just ended in New Delhi. Highlight The major issues were discussed by the Governing Council: Achieving self-sufficiency in pulses, oilseeds, and other agricultural commodities through crop diversification; National Education Policy (NEP) implementation in school education, NEP implementation in higher education, and NEP implementation in urban governance; Crop diversification: At the meeting, this topic, in particular, received a lot of attention. At the discussion, it was also discussed how India may reduce its current 50 percent reliance on imported…
09 August, 2022
NITI Aayog
What is Atal Innovation Mission? The Atal Innovation Mission (AIM) is a flagship initiative set up by the NITI Aayog to promote innovation and entrepreneurship across the length and breadth of the country. AlM's objectives are to create and promote an ecosystem of innovation and entrepreneurship across the country at school, university, research institutions, MSME and industry levels. ??????? Functions of Atal Innovation Mission The Atal Innovation Mission has following two core functions: Entrepreneurship promotion through Self-Employment and Talent Utilization, wherein innovators would be supported and mentored to become successful entrepreneurs. Innovation promotion: to provide a platform where innovative ideas…
05 December, 2021
NITI Aayog
What is ATL Space Challenge 2021? Atal Innovation Mission (AIM), NITI Aayog in collaboration with the Indian Space Research Organisation (ISRO) and Central Board of Secondary Education (CBSE) successfully launched the ATL Space Challenge 2021 for all school students across the country. The challenge has been designed for all the school students, mentors and teachers across the country who not only are associated with schools having ATL labs but for all the non ATL schools as well. This is to ensure that students of classes 6 to 12 are given an open platform where they can innovate and enable themselves…
11 September, 2021
NITI Aayog
AIM-iLEAP initiative of NITI Aayog In a move to give a major push to tech startups across the country, Atal Innovation Mission, NITI Aayog concluded its first fintech cohort of AIM-iLEAP- an initiative to back tech start-ups with much-needed access to industry, markets and investors. The fintech cohort was done through a series of thematic virtual demo days organised AIM in partnership with Startup Réseau and Visa as part of AIM-iLEAP (Innovative leadership for entrepreneurial agility and profitability) initiative. The objective of the AIM-iLEAP program is to invite technology start-ups across a broad range of functions and have them present…
01 July, 2021
NITI Aayog
NITI Aayog SDG India Index 2020 The NITI Aayog launched its index in 2018 to monitor the country’s progress on the goals through data-driven assessment and to foster a competitive spirit among the States and Union Territories in achieving them. It provides holistic view on social, economic and environmental status of India and its State's progress regarding SDGs. Developed by NITI in Collaboration with MoHFW, Global Green Growth India, UN of India. SDG India Index is important for 3 things States can measure progress regarding targets + strategies; States can identify priority areas; They get to know data gaps to develop statistical system of country. The SDG India…
04 June, 2021
NITI Aayog
India - Denmark MoU on Atal Innovation Mission As part of the Indo-Danish bilateral Green strategic partnership, India is all set to take a giant leap towards building a world-class innovation ecosystem as Atal Innovation Mission (AIM) of India’s premier policy think tank NITI Aayog and Embassy of Denmark to India today officially announced their collaboration. Under this ambitious partnership, Innovation Center Denmark in India will collaborate with AIM to support various current and future initiatives of AIM, NITI Aayog and its beneficiaries in India as well as develop global innovation Green economy partnerships addressing SDG goals.
13 April, 2021
NITI Aayog
Mobilising Electric Vehicle Financing in India Report by NITI Aayog NITI Aayog and Rocky Mountain Institute(RMI) India jointly releases a new report titled ‘Mobilising Electric Vehicle Financing in India’. Aim: The report highlights the role of finance in India’s transition to electric vehicles(EVs). Further, the report also identifies solutions for capital and financing to aid in India’s EV transition. What does the report say about Electric Vehicle Financing? India’s Electric Vehicle ecosystem has so far focused on overcoming adoption hurdles. These hurdles are associated with technology cost, infrastructure availability, and consumer behaviour. However, financing is the next critical barrier that…
11 March, 2021
NITI Aayog
Governing Council of NITI Aayog The sixth meeting of the Governing Council of NITI Aayog was held under the chairmanship of Prime Minister with following agenda: Making India a Manufacturing Powerhouse Reimagining Agriculture Improving Physical Infrastructure Accelerating Human Resources Development Improving Service Delivery at Grassroots Level Health and Nutrition Governing Council is the premier body tasked with evolving a shared vision of national development priorities, sectors and strategies with the active involvement of States in shaping the development narrative. It comprises the Prime Minister of India, Chief Ministers of all the States and Union Territories with Legislature, Lt Governors of other…
21 February, 2021
NITI Aayog
NITI Aayog meeting States should work towards reducing compliance burden for citizens to ensure ease of living and to promote ease of doing business, stressing the importance of a better coordination between the Centre and the States for the development of the country. “There are thousands of compliance requirements within the government that we can remove for the common man... There is no need to ask people again and again when there is technology. States should come forward. I have also said this in the Government of India and our Cabinet Secretary is following this. The number of compliance requirements…
21 February, 2021
NITI Aayog
The central government constitutes a 10-member group headed by NITI Aayog CEO Amitabh Kant to fight corona Part of: GS Prelims and GS-II- GOVERNANCE On April 5, 2020, In order to deal with this coronavirus (COVID-19) epidemic, the central government constituted a 10-member group under the chairmanship of NITI (National Institution for Transforming India) Aayog CEO (Chief Executive Officer) Amitabh Kant. Key Points: i.The work of this group will primarily identify issues through 3 groups of stakeholders, and then present effective measures to address solutions to the issues related to the formulation of plans for counter-activities related to COVID-19. The 3 groups include…
07 April, 2020
NITI Aayog
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