NITI Aayog :
NITI Aayog (Hindi: नीति आयोग, lit. "Policy Commission") or National Institution for Transforming India Aayog is a policy think-tank 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 i.e by adopting bottom-up approach rather than traditional top-down approach as in planning commission. The Prime Minister heads the Aayog as its chairperson.[1] While the Planning Commission had no representation for State and Union territories, the NITI Aayog has.
Union Government of India had announced formation of NITI Aayog on 1 January 2015.[1][2] The first meeting of NITI Aayog was held on 8th February 2015[3] The website of the Aayog has a unique feature of NITI Blogs, which incorporates articles, field reports, work in progress, and opinions by NITI officials.[4]
There are a couple of things to be considered here. NITI Aayog would therefore mean:
• 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 65-year-old 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 In this context, a ‘one size fits all’ approach to economic planning is obsolete.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”
NITI Aayog (Hindi: नीति आयोग, lit. "Policy Commission") or National Institution for Transforming India Aayog is a policy think-tank 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 i.e by adopting bottom-up approach rather than traditional top-down approach as in planning commission. The Prime Minister heads the Aayog as its chairperson.[1] While the Planning Commission had no representation for State and Union territories, the NITI Aayog has.
Union Government of India had announced formation of NITI Aayog on 1 January 2015.[1][2] The first meeting of NITI Aayog was held on 8th February 2015[3] The website of the Aayog has a unique feature of NITI Blogs, which incorporates articles, field reports, work in progress, and opinions by NITI officials.[4]
There are a couple of things to be considered here. NITI Aayog would therefore mean:
• 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 65-year-old 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”
NITI Aayog meeting Highlights from the NITI Aayog's 9th Governing Council Meeting
ReplyDeleteGet ready to be inspired by the groundbreaking discussions at the recent NITI Aayog meeting! You'll be thrilled to know that India is charging full steam ahead towards a brighter future. Let's dive into the exciting highlights that'll make you proud to be part of this incredible journey!