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Interest free loan of around ₹ 5,124 crore to each. [102] Starting January 1, 2022, the government started taking applications under its incentive scheme in developing a full ecosystem for the chip manufacturing industry and expects at least a dozen semiconductor manufacturers to start setting up local factories in the next several years. [103]
Bibek Debroy - chairman of the council, who was a member of NITI Aayog. Dr. Shamika Ravi, as a full time member who was also earlier member of the EAC. Sanjeev Sanyal, as full-time member, who was Principal Economic Advisor of Finance Minister. Dr. Sajjid Z. Chinoy, as part-time member, who is Chief India Economist at J.P. Morgan
National Statistical Office (NSO) is mandated with the following responsibilities: acts as the nodal agency for planned development of the statistical system in the country, lays down and maintains norms and standards in the field of statistics, involving concepts and definitions, methodology of data collection, processing of data and dissemination of results;
The NITI Aayog (lit. ' Policy Commission '; abbreviation for National Institution for Transforming India) serves as the apex public policy think tank of the Government of the Republic of India, and the nodal agency tasked with catalyzing economic development, and fostering cooperative federalism and moving away from bargaining federalism through the involvement of State Governments of India in ...
The Council comprises the Prime Minister, the Union Cabinet Ministers, Chief Ministers of all States or their substitutes, representatives of the Union Territories and the members of the NITI Aayog (erstwhile Planning Commission). NDC (National Development Council) has been proposed to be abolished.
On 5 January 2015, he was appointed permanent member of NITI Aayog (or National Institution for Transforming India Aayog), which is the replacement of Planning Commission and will act as a think-tank to the government of India. [23] [24] [25] He served as a Member of Niti Aayog till June 2019. In September 2017, he was appointed Chairman of the ...
The first meeting of NITI Aayog was chaired by Narendra Modi on 8 February 2015. NITI Aayog's mandate is to support the center and the states in transforming India by promoting cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottom-up approach. The Governing Council ...
The Finance Commissions (IAST: Vitta Āyoga) are commissions periodically constituted by the President of India under Article 280 of the Indian Constitution to define the financial relations between the central government of India and the individual state governments.