NITI Aayog Prioritisation Session
On June 14, 2018 the India Consensus prioritization methodology was presented at a NITI Aayog in Delhi. The event was attended attended by Chief Secretaries, Additional Chief Secretaries/Principal Secretaries/Secretaries dealing with the Planning Department of 32 States and Union Territories, Joint Secretaries from 14 Ministries, senior officers from NITI Aayog, eminent economists and researchers under the aegis of both Vice-chair Dr Rajiv Kumar and Chief Executive Officer (CEO) Shri Amitabh Kant. Copenhagen Consensus President, Dr Bjorn Lomborg presented the policies and interventions which generate the most social, economic and environmental good for the States.
Both Dr Kumar and ShriKant appreciated the process, reaffirmed that they want to see it used for the SDGs, for other states, and for aspirational districts. Several states also indicated they would be interested in taking prioritization forward.
India Consensus has been invited by NITI Aayog to assess the social benefit-cost ratios for priority indicators of Sustainable Development Goals for India. The social benefit-cost ratio (BCR), is an indicator of the cost-effectiveness of an intervention, as it demonstrates the amount of social, economic and environmental benefits achieved per Rupee invested.
Dr. Rajiv Kumar
Dr. Rajiv Kumar has a wide experience of having worked in government, academia, industry as well as in multinational institutions. A founding director of Pahle India Foundation, Dr. Kumar was a Fellow at CPR and earlier the CEO of Indian Council for Research on International Economic Relations(ICRIER). He has also been Chief Economist at CII and Secretary General of Federation of Indian Chamber of Commerce & Industry(FICCI). He was a professor at Indian Institute of Foreign Trade(IIFT) and serves as the Chancellor of Gokhale Institute of Politics and Economics, Pune. In the government, he was Economic Advisor with Department of Economic Affairs (DEA), Ministry of Finance and Bureau of Industrial Costs and Prices(BICP), Ministry of Industry. He was Principal Economist at Asian Development Bank, Manila where he spent 10 years. Prior to his appointment as Vice Chairman, NITI Aayog, he served on many Boards including that of RBI and SBI.