Table of Contents

NITI AAYOG नीति आयोग

NITI Aayog नीति आयोग

NITI Aayog(नीति आयोग) was formed on 1^stJanuary 2015 replacing the old Planning Commission which was formed in 1950. The word “NITI” is derived from the Sanskrit word “नीति” which means guidance. In context with NITI Aayog, it means policy. It stands for National Institution for Transforming India. It is the main institution for forming policies in India. NITI Aayog designs strategic and long-term policies for the Government of India. It also come up with some relevant practical advice to the Centre, State and Union Territories.

NITI Aayog is managed and operated by the Governing Council which is presided by the Prime Minister of India and it comprises of the Chief Ministers of all States and Lt. Governors of Union Territories. In Present, Prime Minister Shri Narendra Modi serves as the chairperson of NITI Aayog and the vice Chairman is Mr. Rajiv Kumar. NITI Aayog works as an essential platform of Indian Government which compels the state to act cooperatively in national interest and encourage cooperative federalism.

NITI Aayog Composition

Prime Minister of India as the Chairman
Vice-Chairman
The Governing Council consists of the Chief Minister of States and Lt. Governors of Union Territories.
Special Invites- Experts in the different fields which are nominated by the Prime Minister.
Full-time institutional Framework which also includes PM as the Chairperson.
Vice-Chairman (appointed by Prime Minister)
Full-time Member
Part-time Members
Ex-Officio Members (Nominated from Cabinet by PM)
CEO (Appointed by PM for a fixed tenure).

Features of NITI Aayog

NITI Aayog is developing itself as a State-of-art-resource Centre with the necessary knowledge and skills which will enable it to act quickly, encourage research and innovation and provide tactical policy vision to the Government of India and deal with unforeseen issues.

Features

NITI Aayog is a group of people whom the Government trusts to formulate and manage policies that are related to transforming and developing India.
NITI Aayog can be defined as the institution that helps the Government in Social and Economic Issues.
It is a body of Experts.
It is a commission that regulates and estimates the execution, benefits and drawbacks of new government policies, programs, and initiatives.

The entire scope of NITI Aayog is divided into four hubs:

Design Policy & Programme Framework Hub
Foster Cooperative Federalism Hub
Monitoring & Evaluation Hub
Think Tank and Knowledge & Innovation Hub

Functions of NITI Aayog

The following are the functions of NITI Aayog:

To provide a framework for national agenda and promote the active participation of States in the light of National Objectives on regular basis.
To promote cooperative federalism among the Centre and State by well-designed support initiatives and mechanisms with the state on a uniform basis.
To pay attention to sections of society that may be at risk for not benefiting adequately from economic policies.
To provide advice on economic, development, educational policies to the Central Government.
To develop strategies and long-term policies and framework initiatives and regulate and manage their progress, efficacy and working.
To pay special attention to the sections of our society that may be at risk of not benefiting adequately from economic progress
To provide advice and encourage partnerships between key stakeholders and national and international like-minded Think tanks, as well as educational and policy research institutions.
To create a knowledge, innovation, and entrepreneurial support system through a collaborative community of national and international experts, practitioners, and other partners.
To offer a platform for resolution of inter-sectoral and inter departmental issues in order to accelerate the implementation of the development agenda.
To maintain a state-of-the-art Resource Centre, be a repository of research on good governance and best practices in sustainable and equitable development as well as help their dissemination to stake-holders
To actively monitor and evaluate the implementation of programmes and initiatives, including the identification of the needed resources to strengthen the probability of success and scope of delivery
To focus on technology upgradation and capacity building for implementation of programmes and initiatives
To undertake other activities as may be necessary in order to further the execution of the national development agenda, and the objectives mentioned above.

Objectives of NITI Aayog

To evolve a shared vision of national development priorities, sectors, and strategies with the active involvement of States.
To foster cooperative federalism through structured support initiatives and mechanisms with the States on a continuous basis, recognizing that strong States make a strong nation.
To develop mechanisms to formulate credible plans at the village level and aggregate these progressively at higher levels of government.
To ensure, on areas that are specifically referred to it, that the interests of national security are incorporated in economic strategy and policy.
To pay special attention to the sections of our society that may be at risk of not benefiting adequately from economic progress.
To design strategic and long-term policy and programme frameworks and initiatives, and monitor their progress and their efficacy. The lessons learnt through monitoring and feedback will be used for making innovative improvements, including necessary mid-course corrections.
To provide advice and encourage partnerships between key stakeholders and national and international like-minded think tanks, as well as educational and policy research institutions.
To create a knowledge, innovation, and entrepreneurial support system through a collaborative community of national and international experts, practitioners, and other partners.
To offer a platform for the resolution of inter-sectoral and inter departmental issues in order to accelerate the implementation of the development agenda.
To maintain a state-of-the-art resource centre, be a repository of research on good governance and best practices in sustainable and equitable development as well as help their dissemination to stake-holders.
To actively monitor and evaluate the implementation of programmes and initiatives, including the identification of the needed resources to strengthen the probability of success and scope of delivery.
To focus on technology upgradation and capacity building for implementation of programmes and initiatives.
To undertake other activities as may be necessary in order to further the execution of the national development agenda, and the objectives mentioned above.

ALSO READ: Working of Stock Exchange in India

NITI AAYOG नीति आयोग