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NITI Aayog

Chapter 12: Chapter 11 · ECONOMICS

NITI Aayog NITI Aayog (National Institution for Transforming India) was formed on January , through a Union Cabinet resolution. NITI Aayog is a policy think- tank of the Government of India. It replaced the Planning Commission from 13th August, . The Prime Minister is the Chairperson of NITI Aayog and Union Ministers will be Ex-officio members. The Vice- Chairman of the NITI Aayog is the functional head and the first Vice- Chairman was Arvind Panangariya. . . . Functions of NITI Aayog . Cooperative and Competitive Federalism: To enable the States to have active participation in the formulation of national policy. . Shared National Agenda: To evolve a shared vision of national development priorities and strategies with the active involvement of States. . Decentralized Planning: To restructure the planning process into a bottom-up model. . Vision and Scenario Planning: To design medium and long-term strategic frameworks towards India’s future. . Network of Expertise: To mainstream external ideas and expertise into government policies and programmes through a collective participation. . Harmonization: To facilitate harmonization of actions across different layers of government, especially when involving cross-cutting and overlapping issues across multiple sectors; through communication, coordination, collaboration and convergence amongst all the stakeholders. . Conflict Resolution: To provide a platform for mutual consensus to inter- sectoral, inter-departmental, inter-state as well as centre-state issues for all speedy execution of the government programmes. - - Economics of Development and Planning

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