Equ ality fulfills aspirations of society as well as individuals in anticipation of and response to citizen needs involvement of Citizenry women in all aspects of opportunity for the youth making govt visible and responsive SC, ST, OBC, minorities, gareeb, gaon, kisaan . Coordinating Interface with the World: It will act nodal point to harness global expertise and resources coming from International organizations for India’s developmental process. . Internal Consultancy: It provides internal consultancy to Central and State governments on policy and programmes.
. Capacity Building: It enables to provide capacity building and technology up-gradation across government, benchmarking with latest global trends and providing managerial and technical know-how. . Monitoring and Evaluation: It will monitor the implementation of policies and progammes and evaluate the impacts.
- - Economics of Development and Planning Initiatives like Atal Innovation Mission, Ayushmaan Bharat approach towards water conservation measures and the draft bill to establish the National Medical Commission to replace the Medical Council of India have all been conceptualized in NITI Aayog. NITI Aayog is also bringing about a greater level of accountability. It has established a development monitoring and evaluation office which collects data on the performance of various ministries. Using such data, the Aayog makes performance based ranking of states to foster a spirit of competitive federalism.
The success of NITI Aayog can be evaluated after a substantial period of time Summary The first part of this chapter deals with economic development which gained importance during the 20th Century. The concept of development and growth are used inter-changeably. However, there are mild differences between the two. The pace of economic development depends on several factors which are classified under economic and non- economic factors.
Economic development is retarded by several obstacles of which the Vicious Circle of Poverty is the prime one. The second part is concerned with economic planning. The failure of market mechanism brought the birth of planning. Planning started in USSR and spread to countries like India and most of the mixed economies.
There are strong arguments in favour of planning and some arguments against planning.