-The Times of India NEW DELHI: Niti Aayog, the government's thinktank, has strongly backed taxing of agricultural income above a certain threshold and removal of exemptions on personal income tax as part of a strategy to expand the tax base and prevent evasion. There is a view within the thinktank that the blanket relief on agricultural income was aimed at protecting farmers, but it was being misused by many non-farmers who...
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Agri reforms soon to augment farm income -Vishwa Mohan
-The Times of India NEW DELHI: The agriculture ministry in consultation with the Niti Aayog has identified a set of nine marketing reforms to ensure remunerative prices to farmers for their produce by reducing intervention of middlemen. The measures are likely to be in place by July and are considered one of the key steps in doubling farmers' income by 2022. "PM Narendra Modi wants these reforms to be implemented by July. We...
More »Era of Nehruvian 5-year plan draws to a close -Mahendra Singh
-The Times of India NEW DELHI: The five-year plan, a relic of Nehru-era economic policy, will officially be buried as the Niti Aayog's governing council is likely to approve the government's new policy document: the three-year action plan (2017-2020). The government had announced that it would junk five-year plans from the current fiscal, after the 12th Plan ended on March 31, 2017, and replace it with three-year action plan and 15-year vision...
More »NITI Aayog begins business without action plan -Jitendra
-Down to Earth Will the Aayog's vision be any different than the top-down approach of its predecessor, the Planning Commission? WITH THE end of the 12th Five Year Plan on March 31, India’s 65-year tryst with five-year economic development planning has come to an end. In 2014, when the National Democratic Alliance government scrapped the Planning Commission and replaced it with the National Institute of Transforming India (NITI) Aayog, it announced...
More »Niti Aayog opens door to private sector experts -Mahendra K Singh
-The Times of India NEW DELHI: Niti Aayog is throwing open its doors to private sector experts to join the government think tank at all levels, including at secretary rank. Unlike in the past, when the bureaucracy would walk into government organisations, Niti Aayog's policy will ensure that officers have to compete for jobs with applicants from the private sector or academic institutions. Currently, top jobs are virtually reserved for officers from...
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