Search Result for : Institutional Mechanism

NITI to merge 15-yr vision document, 7-yr strategy paper

The Dollar Business Bureau  NITI Aayog, the Government think-tank, has decided to combine the 15-year vision document with 7-year medium-term strategy paper to bring out a comprehensive roadmap to accelerate the economic growth. “We are thinking of having a brief chapter regarding the vision in the 7-year strategy paper which will be a bulky document outlining the action plan for expediting growth. The vision document will be aspirational, about the kind of country we want to build...The kind of society we want to be in. It will be a kind of vision for the future,” Arvind Panagariya, Vice-Chairman, NITI Aayog told the media. Panagariya said that the Aayog has got reactions from around 10 states on the 3-year action agenda draft and will conclude it within 2 weeks. Earlier, the Government think thank had ...

SAARC countries must develop socially inclusive trade practices

The Dollar Business Bureau Trade among SAARC nations is way below the desired figures and currency turbulence caused in the region reinforces the need for developing regional synergy to keep the economies stable, Bangladeshi central bank chief said. Addressing a meeting on ‘SAARC Financial Integration: Progress and Prospects’ in Mumbai on Tuesday, Atiur Rahman, Governor of Bangladesh Bank, asked the SAARC (South Asian Association for Regional Cooperation) members to develop “socially inclusive, sustainable and environment-friendly trade practices” so as to ensure “financial integration” in the region. The meeting was part of the two-day banking conference FIBAC 2015 organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Indian Banks' Association (IBA). About the bilateral trade between India and ...

India, China for MoUs in mining, tourism and traditional medicine fields

 The Dollar Business Bureau The Union Cabinet, chaired by the Prime Minister of India, on Wednesday, gave its approval for cooperation between India and China in various fields, in a move to enhance bilateral ties between the two countries. According to an official release, the Union Cabinet, chaired by Narendra Modi, has given its approval for cooperation in the fields of various fields, which include mines and mineral sector, traditional medicine, tourism, among others. In a move to encourage the cooperation in the above-mentioned fields, the Cabinet has given its approval for ‘signing a Memorandum of Cooperation (MoU) s, extension of tenure in the case of existing agreements. A MoU for cooperation between India and the People’s Republic of ...