NITI Aayog Wikipedia The Free Encyclopedia
NITI Aayog
From Wikipedia, the free encyclopedia
NITI Aayog (Hindi: नी त आयोग, lit. "Policy Commission") or
National Institution for Transforming India Aayog is a policy thinktank of Government of India that replaces Planning
Commission and aims to involve the states in economic policy making in India. It will be providing strategic and technical advice to the central and the state governments. The Prime
Minister heads the Aayog as its chairperson.[2]
On the first meet took place here at Delhi with sign board labelled as TEAM INDIA on 07/02/2015
(http://www.dnaindia.com/india/reportnitiaayogsrealsuccess
wouldcomefromquickerexecution2059331)
NITI Aayog
Neethi Aayog
Hindi: नी त आयोग
National Institution for Transforming India
Agency overview
Formed
1 January 2015
Preceding
Agency
Planning Commission
Jurisdiction Government of India
Union Government of India had announced formation of NITI
Aayog on 1 January 2015.[2][3]
Ministers Narendra Modi, Prime Minister responsible Rao Inderjit Singh, Minister of State for Planning (Independent charge)[1]
There are a couple of things to be considered here. NITI Aayog would therefore mean:
Agency executive Narendra Modi, Chairperson
• A group of people with authority entrusted by the government to formulate/regulate policies concerning transforming India.
• It is a commission to help government in social and economic issues.
• Also it's an Institute of think tank with experts in it.
India's Finance Minister Arun Jaitley made the following observation on the necessity of creating NITI Ayog: “The
65yearold Planning Commission had become a redundant organisation. It was relevant in a command economy structure, but not any longer. India is a diversified country and its states are in various phases of economic development along with their own strengths and weaknesses. In this context, a ‘one size fits all’ approach to economic planning is obsolete. It cannot make India competitive in today’s global economy”
From Wikipedia, the free encyclopedia
NITI Aayog (Hindi: नी त आयोग, lit. "Policy Commission") or
National Institution for Transforming India Aayog is a policy thinktank of Government of India that replaces Planning
Commission and aims to involve the states in economic policy making in India. It will be providing strategic and technical advice to the central and the state governments. The Prime
Minister heads the Aayog as its chairperson.[2]
On the first meet took place here at Delhi with sign board labelled as TEAM INDIA on 07/02/2015
(http://www.dnaindia.com/india/reportnitiaayogsrealsuccess
wouldcomefromquickerexecution2059331)
NITI Aayog
Neethi Aayog
Hindi: नी त आयोग
National Institution for Transforming India
Agency overview
Formed
1 January 2015
Preceding
Agency
Planning Commission
Jurisdiction Government of India
Union Government of India had announced formation of NITI
Aayog on 1 January 2015.[2][3]
Ministers Narendra Modi, Prime Minister responsible Rao Inderjit Singh, Minister of State for Planning (Independent charge)[1]
There are a couple of things to be considered here. NITI Aayog would therefore mean:
Agency executive Narendra Modi, Chairperson
• A group of people with authority entrusted by the government to formulate/regulate policies concerning transforming India.
• It is a commission to help government in social and economic issues.
• Also it's an Institute of think tank with experts in it.
India's Finance Minister Arun Jaitley made the following observation on the necessity of creating NITI Ayog: “The
65yearold Planning Commission had become a redundant organisation. It was relevant in a command economy structure, but not any longer. India is a diversified country and its states are in various phases of economic development along with their own strengths and weaknesses. In this context, a ‘one size fits all’ approach to economic planning is obsolete. It cannot make India competitive in today’s global economy”