IAS Gyan

Daily News Analysis

NITI Aayog

17th November, 2022 Polity and Governance

Copyright infringement not intended


In News

  • The Union government has appointed senior economist Dr Arvind Virmani as a full-time member of the NITI Aayog.
    • He served as the Chief Economic Advisor in the Union Ministry of Finance from 2007-09.
    • He was a member of the Reserve Bank of India’s Technical Advisory Committee on Monetary Policy from February 2013 to August 2016.
    • In 2009, Virmani was appointed the Executive Director of the International Monetary Fund (IMF), and he served there till 2012.
    • He served as Principal Advisor, Planning Commission.

NITI Aayog

  • Planning Commission Inspired by the USSR/Soviet Model, Prime Minister established a Planning Commission in 1950 to design the five-year Plans for India.
    • In 2015, it was replaced by a new organization named National Institution for Transforming India (NITI)
  • Promote Cooperative Federalism
    • Governing Council of NITI Aayog has Lieutenant Governors of Union Territories and State Chief Ministers.
    • NITI Aayog Constituted a Committee of State Chief Ministers to examine important issues.
  • Promote Competitive Federalism
    • NITI Aayog has Prepared online dashboards to rank the States on various indicators of development Such as;
      • Sustainable Development Goals (SDG) India Index.
      • Health Index.
      • School Education Quality Index.
      • Digital Transformation Index.
    • Launched Aspirational District Programs for monitoring the progress of backward districts.
  • NITI Aayog has not been given the mandate or Powers to impose Policies on States.
    • NITI Aayog is a think tank or an advisory body.
  • The Powers for the allocation of funds have not been given to the NITI Aayog. The Powers are with the Finance Ministry.
  • As a ‘think-tank’, Niti Aayog has helped the government In framing various Policies on;
    • Clean energy
    • Methanol based economy
    • Infrastructure, human development etc.
    • The model acts on agricultural land leasing, livestock Selling etc.
  • NITI Aayog regularly organizes Seminars, Workshops, and Conferences.
  • NITI initiated Atal Innovation Mission (AIM) to help Startups. NITI is developing the National Program on Artificial Intelligence.
  • NITI’s approach is modernised, forward-looking, and less bureaucratic; NITI Aayog plays an important role as a think tank for Economic growth, Human development and Good governance in India.