Yojana Aayog (Planning commission) is replaced by NITI Aayog (National Institution for Transforming India). On 1 January 2015 formation of NITI Aayog was announced by the government of India. This commission comprises of CM’s of all states and lieutenant governors of union territories. The aim of NITI Aayog is to involve all the state government in the economic policies of our country. Unlike planning commission State governments are expected to play a more significant role in NITI Aayog. The success of the Niti Aayog lies in restoring the balance between the technical and political (federal) drivers of the planning process. The NITI Aayog, set up by a resolution of the Union Cabinet, will have a multi-tiered structure.
Following members shape the new body:
The main objective of NITI Aayog is to be emerged as a “think-tank” that will provide Governments at the central and state levels with relevant strategic and technical advice across the spectrum of key elements of policy.
“A pro-people, pro-active and participative development agenda stressing on empowerment & equality is the guiding principle behind NITI Aayog,” Modi said.
Here are few important points related to NITI Aayog:
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The NITI Aayog aims to enable India to better face complex challenges, through the following:
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