The selection of the Jio Institute as one of the six "Institutions of Eminence" drew sharp criticism from various quarters with many questioning the process of selection and the motive behind it. The HRD Ministry had on Tuesday clarified that the tag was conditional.
"I firmly believe that privatisation of all PSBs except perhaps the State Bank of India should be on the election manifestos of all parties who wish to present themselves as serious candidates to form the government in 2019," Arvind Panagariya said
As the new vice-chairman Rajiv Kumar prepares to assume the office from Friday, Panagariya tells The Indian Express that instead of advising Kumar, he would brief his successor about the state of the institution letting him set his own priorities for the think-tank’s functioning.
The Aayog had invited comments on draft report by July, 23. In June, the Prime Minister's Office had constituted the task force to suggest solutions for having timely and reliable employment data for policy making.
"India's big focus is on creating good jobs. The pvt sector has to deliver to create well-paid, high productivity jobs: NITI VC @APanagariya," the government think-tank said in a tweet quoting Panagariya.
Arvind Panagariya was often outspoken on issues including labour reforms, privatisation of Air India and sick PSUs, for which RSS-affiliate Bharatiya Mazdoor Sangh (BMS) had accused Niti Aayog of furthering corporate lobby's agenda in the country.
NITI Aayog's report is expected to set the tone for consolidation roadmap. Five associate banks and Bharatiya Mahila Bank (BMB) became part of SBI on April 1, 2017, catapulting the country's largest lender to among the top 50 banks in the world.
Panagariya said that although the general reforms may not be necessary to achieve 8-9 per cent growth, they ought be to undertaken for "the good of people". Panagariya is scheduled to leave Niti Aayog on August 31 and will be succeeded by well-known economist Rajiv Kumar.
New Delhi, Feb 09 (ANI): President Pranab Mukherjee on Tuesday presided over a two-day Conference of Governors at the Rashtrapati Bhavan in the national capital. It is the fourth conference presided over by President Mukherjee and 47th such conference held in the Rashtrapati Bhavan. As many as 23 Governors and two Lieutenant Governors are participating in the conference. Vice-President Hamid Ansari, Prime Minister Narendra Modi, several Cabinet Ministers, Vice-Chairman of NITI Aayog Arvind Panagariya and National Security Advisor Ajit Doval participated in the conference. The conference will deliberate on terrorism and insurgency activities, creating jobs for youths with special focus on skill development for school dropouts.