NITI Aayog Explained

What is NITI Aayog?

National institute for transforming India (NITI) has been established be the government of India as a replacement for the planning commission. It is being formed on the basis of extensive consultation across the stake holders viz state governments, relevant institution, experts and the people at Large. NITI has not come into existence all of a sudden. The document of the 8th five year plan,The standing committee on finance on finance in it's report on demand for grants (2011-12) and the former prime Minister and noted economist Dr. Manmohan Singh accepted in his farewell address to the planning commission in 2014 have sought appropriate changes in the planning commission. NITI Aayog came into existence from 1st January 2015 under BJP governance.

Nature of NITI Aayog

1. The planning commission era witnessed centre-to-state on way flow of policy. NITI seeks genuine and continuing partnership of centre and Indian state's.

2. It will emerge as a "Think-tank" to provide strategical and technical advice to the central and state governments.

3. It ensures that all sections of society would benefit adequately from economic processes.

4. It will create knowledge, Innovation and entrepreneurial support through collaboration.

Organisational structure of NITI

It is an organization, a network of expertise focusing on functionality, flexibility and domain knowledge.

•Its organization consists of :

    

    1.Chairperson: Prime Minister

    2. Vice-chairpersons : To be appointed by          the prime Minister. etc.

NITI Aayog works in close co-operation, consultation and coordination with the state governments and Central ministers.

Functions of NITI Aayog

1. "National agenda" is provided to the prime Minister and chief ministers for development along with priorities and strategies.

2. It introduces bottom-up model through Decentralized planning.

3. It prepares vision and scenario plans for the state's and nation.

4. It augurs an integrated and holistic approach to development.

5. It enables capacity building and technology upgradation.

6. It also resolves inter-state and inter-sectoral conflicts.

7. Finally it monitors the implementation of the policies and programmes and evaluate their impact. 

           
                                       - Srikanth Mudiraj