Diabytes
Arvind Panagariya News
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The formation of the 16th Finance Commission was initiated in accordance with Article 280 of the Constitution, outlined in the notification dated December 31, 2023.
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The Sixteenth Finance Commission, appointed recently, has been requested to make its report available by 31st day of October, 2025 covering a period of five years commencing on the 1st day of April, 2026.
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Former vice chairman of NITI Aayog Arvind Panagariya on Tuesday raised questioned the feasibility of Congress' proposed Nyuntam Aay Yojana (NYAY).
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At least a dozen government officials, policy advisers and members of the ruling Bharatiya Janata Party (BJP) told Reuters that policy making has mostly been handed over to Modi`s own office and to a coterie of right-wing and nationalist economists.
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The former NITI Aayog vice-chairman also said that political parties should mention privatisation of PSBs in their 2019 general election manifesto.
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Panagariya said he has known for some time that the processes were undergoing improvement continuously after the present government came to office.
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Prime Minister Narendra Modi has now set the target of India's ranking in ease of doing business in the top 50. This he said is achievable, but one should not underestimate the difficulties.
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They still need to acquire much greater voice in these international institutions, he said, adding that these institutions themselves require necessary reform.
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India's GDP growth rate slid to a 3-year low of 5.7 per cent in the first quarter (April-June), mainly on account of a slump in manufacturing.
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Rajiv Kumar replaced Arvind Panagariya, an Indian-American economist who left the think tank yesterday to return to academia.
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According to the report, even among the experts, only 41 per cent reported having knowledge of the existence of the facility.
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Poverty reduction should take precedence over reducing inequality in India, outgoing Niti Aayog Vice Chairman Arvind Panagariya said on Monday, while underlining that the country needs to focus much more on providing equality of opportunities, health and education.
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Speaking at Niti Aayog`s "Champions of Change" programme, Modi said the nation will remember Panagariya`s service at the helm of the organisation which replaced the erstwhile Planning Commission.
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Resolution of bad loans in the banking system is on 'right track' and will 'open the door' to rapid credit expansion and growth, Niti Aayog Vice Chairman Arvind Panagariya has said.
Outgoing Niti Aayog Vice-Chairman Arvind Panagariya made a strong case for reforms in bureaucracy, police and judiciary, saying these general legacy issues will have to be addressed for sustained growth in the long term.
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Outgoing Niti Aayog Vice Chairman Arvind Panagariya has said that writing off some debt of Air India, so as to make it attractive to prospective investors, could be a "wise" move.
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Niti Aayog Vice-Chairman designate Rajiv Kumar on Tuesday said the implementation of GST has brought down overall tax burden on the economy.
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Panagariya is scheduled to leave Niti Aayog on August 31 and will be succeeded by well-known economist Rajiv Kumar.
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Panagariya, the first Vice Chairman of the Niti Aayog, had written to the Prime Minister that he be relived of his duties by August 31 as his leave from Columbia University is coming to end.
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