Govt appoints Parameswaran Iyer as new CEO of NITI Aayog
ECONOMY & POLICY

Govt appoints Parameswaran Iyer as new CEO of NITI Aayog

The government has designated Parameswaran Iyer as the next Chief Executive Officer (CEO) of the NITI Aayog to succeed Amitabh Kant, whose tenure ends on June 30.

Iyer has been designated for two years or until further orders, whichever is earlier, on the same periods and conditions as were applicable in respect of Shri Amitabh Kant, the Appointments Committee of the Cabinet said in a notification on Friday.

An IAS officer of the Uttar Pradesh cadre, Parameswaran Iyer, had led the government's Swachh Bharat Mission between 2016 and 2020.

Before joining the Ministry of Drinking Water and Sanitation in 2016, Iyer had worked in China, Egypt, Vietnam, Lebanon, and Washington for the World Bank. In 2020, Iyer resigned from the job position and returned to the US to enter the World Bank again.

Kant was designated as the CEO of the NITI Aayog on February 17, 2016, for two years. Since then, he got three extensions to the term. Kant is credited with determining a long public sector enterprises list for disinvestment and asset monetisation.

He was instrumental in preparing the production-linked incentive scheme for over a dozen sectors and the national monetisation pipeline, which has laid a roadmap for the government over the following six years.

During his long term at NITI Aayog, Kant spearheaded several key programmes, including the government's electric mobility mission, the aspirational district programme, the comfort of doing the business programme, the Start-up India programme, and the island development programme. He was currently performing on the Circular Economy across six sectors.

Image Source

Also read: Niti Aayog proposes relaxation of building bye-laws

The government has designated Parameswaran Iyer as the next Chief Executive Officer (CEO) of the NITI Aayog to succeed Amitabh Kant, whose tenure ends on June 30. Iyer has been designated for two years or until further orders, whichever is earlier, on the same periods and conditions as were applicable in respect of Shri Amitabh Kant, the Appointments Committee of the Cabinet said in a notification on Friday. An IAS officer of the Uttar Pradesh cadre, Parameswaran Iyer, had led the government's Swachh Bharat Mission between 2016 and 2020. Before joining the Ministry of Drinking Water and Sanitation in 2016, Iyer had worked in China, Egypt, Vietnam, Lebanon, and Washington for the World Bank. In 2020, Iyer resigned from the job position and returned to the US to enter the World Bank again. Kant was designated as the CEO of the NITI Aayog on February 17, 2016, for two years. Since then, he got three extensions to the term. Kant is credited with determining a long public sector enterprises list for disinvestment and asset monetisation. He was instrumental in preparing the production-linked incentive scheme for over a dozen sectors and the national monetisation pipeline, which has laid a roadmap for the government over the following six years. During his long term at NITI Aayog, Kant spearheaded several key programmes, including the government's electric mobility mission, the aspirational district programme, the comfort of doing the business programme, the Start-up India programme, and the island development programme. He was currently performing on the Circular Economy across six sectors. Image Source Also read: Niti Aayog proposes relaxation of building bye-laws

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement