Our administrative apparatus is vertically structured within silo-ed compartments. There is no forum to enable and facilitate interdisciplinary, interdepartmental and collaborative economic decision-making.
With an aim to end harassment of taxpayers, Finance Minister Nirmala Sitharaman also announced that all tax notices will be issued from a centralised system. She said banks will make home and auto loans cheaper.
While blaming a large part of the problem on the high credit growth between 2004 and 2011, when it grew 27 per cent and resulted in a build-up of NPAs, he said it takes a lot for the government which has inherited all the 'systems and inertia'.
Explaining the origins of the present economic situation, the Niti Aayog vice-chairman said: "The entire episode started with indiscriminate lending during 2009-14 leading rise in non-performing assets (NPAs) post-2014."
The national executive meeting of the trade union body, held in here on August 16, 17 and 18, flagged the issues of job loss in the automobile sector and urged the Centre to “change the direction of economic and labour reforms”.
Recently, several parts of the country, especially Chennai, faced severe water crisis, owing to poor storage in various reservoirs following deficit rainfall. "The Niti Aayog is working on linking desalination of sea waters with the Sagarmala project," a top government official said.
Idea Exchange | NITI Aayog | V K Paul talks about the National Health Mission In this edition of the Idea Exchange, NITI Aayog member V K Paul talks about the National Health Mission, calling it an unfinished agenda. He admits that NMH came in the right time and cannot be considered a failure. While […]
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.