New Delhi, July 22 (IANS) The Union Government has appointed senior IAS officer Anurag Jain as the new Chief Executive Officer (CEO) of NITI Aayog, for a period of two years. The Appointments Committee of the Cabinet (ACC) approved the appointment of Jain, who is a 1989-batch officer of the Indian Administrative Service (IAS) from the Madhya Pradesh cadre.According to the official order, he will assume charge with immediate effect and serve as CEO for the duration of his approved extension in se…
Latest Economic Growth News & Updates
Skopje, July 21 (IANS) Hailing India’s civilisational legacy and global stature, North Macedonia President Gordana Siljanovska-Davkova on Tuesday described the country as one of the largest and most enduring civilisations in history as well as a leading force in economic growth, technological innovation and scientific achievement. She noted that India is the world’s largest democracy, one of the fastest-growing economies, and among the most influential voices on the global stage. Addressing a jo…
New Delhi, July 20 (IANS) Pakistan’s poverty rate has risen sharply over the past six years, with nearly 29 per cent of the population now living below the poverty line, as repeated economic shocks, high inflation and weak growth eroded household incomes and consumption, a report has said.According to an analysis by Dawn — based on the Household Integrated Economic Survey (HIES) and the Pakistan Social and Living Standards Measurement (PSLM) — the country’s poverty rate increased to 28.9 per c…
Mumbai, July 17 (IANS) RBI Governor Sanjay Malhotra said on Friday that India’s fundamentals remain strong, with a decent pace of economic expansion despite geopolitical uncertainties triggered by the West Asia crisis.In an exclusive interview to Doordarshan, the RBI governor also admitted that the ongoing geopolitical tensions in West Asia and a potentially weak monsoon pose key risks to India’s economy.Malhotra defended the performance of the rupee in the backdrop of a strengthening US dol…
New Delhi/Bhopal, July 16 (IANS) Madhya Pradesh Chief Minister Mohan Yadav will participate in the two-day FAITH Conclave 2026 in New Delhi on Thursday, where policymakers and industry leaders will deliberate on measures to strengthen India’s tourism sector and position it as a key driver of economic growth, employment generation and regional development. The conclave, being organised by the Federation of Associations in Indian Tourism and Hospitality (FAITH), is being held on July 16 and 17 und…
Guwahati, July 15 (IANS) Assam Chief Minister Himanta Biswa Sarma on Wednesday launched a sharp attack on what he described as “left-liberal” politics, accusing such groups of routinely opposing development projects and asserting that states must embrace “competitive federalism” to secure greater support from the Centre. Speaking in the Assam Assembly, Sarma said people need better hospitals, roads, irrigation facilities and agricultural development, but alleged that certain groups oppose projec…
Guwahati, July 15 (IANS) Assam Chief Minister Himanta Biswa Sarma on Wednesday said Arunachal Pradesh’s aggressive push towards hydropower generation could transform it into the richest state in the Northeast within the next decade, while stressing that development requires political consensus and public support. Speaking during a discussion in the Assam Assembly, Sarma said Arunachal Pradesh has embarked on an ambitious plan to generate around 30,000 MW of electricity through hydropower project…
New Delhi, July 15 (IANS) Prime Minister Narendra Modi on Wednesday described the coming into force of the India-UK Free Trade Agreement (FTA) and the accompanying Agreement on Social Security as a “significant moment” in bilateral ties.He said the landmark pacts would deepen economic engagement and create new opportunities for businesses, workers and investors in both countries.Sharing a post by Union Commerce and Industry Minister Piyush Goyal on X, the Prime Minister said, “This is a signif…
New Delhi, July 15 (IANS) With the introduction of the Index of Services Production (ISP), India is advancing its statistical system with global standards, as services sector has become a key driver of economic growth and employment generation and the government aims to position the country as a world leader in services, targeting a 10 per cent share in global services by 2047.According to an official factsheet, the ISP is India’s first high-frequency indicator dedicated to measuring services se…
Mumbai, July 14 (IANS) In a major push towards women’s financial independence and entrepreneurship, the Maharashtra government on Tuesday announced a significant expansion and restructuring of its flagship Pink E-Rickshaw Scheme. The State Cabinet chaired by Chief Minister Devendra Fadnavis approved a series of key enhancements designed to drastically lower the financial barriers for women looking to build sustainable livelihoods.Under the revamped scheme, the state government has doubled its fi…