Union Government on 1 January 2015 set up the National Institution for Transforming India (NITI) Aayog to replace the 65 year old Planning Commission. The Aayog has been tasked with a role of formulating policies and direction for the government and serving as a think-tank, it will provide a national agenda for Prime Minister and Chief Ministers. It will also provide relevant strategic and technical advice across the spectrum of key elements of policy, like economic matters of national and international importance.
Structure Of NITI:
NITI Aayog will be headed by the Prime Minister. It will have a governing council comprising Chief Ministers of all the states and Lt. Governors of Union Territories, a Vice Chairman,a CEO,Full Time and Part time members, max 4 Ex-Officio members and few Special Invitees.
Indian American economist Arvind Panagariya will be the first Vice Chairperson.
Sindhushree Khullar,former Planning Commission Secretary, is most likely to be the CEO of NITI.
Economist Bibek Debroy and DRDO chief V.K. Saraswat will be full time members.
Union Ministers Rajnath Singh, Arun Jaitley, Suresh Prabhu and Radha Mohan Singh will be Ex-Officio members.
Nitin Gadkari,Smriti Irani and Thawar Chand Gehlot are special invitees.
Functions that will be undertaken by the NITI Aayog
• It will develop mechanisms for formulation of credible plans to the village level and aggregate these progressively at higher levels of government
• Special attention will be given to the sections of the society that may be at risk of not benefitting adequately from economic progress
• It will also create a knowledge, innovation and entrepreneurial support system through a collaborative community of national and international experts, practitioners and partners
• It will offer a platform for resolution of inter-sectoral and inter-departmental issues in order to accelerate the implementation of the development agenda
• It will also monitor and evaluate the implementation of programmes, and focus on technology upgradation and capacity building.
Difference between the NITI Aayog and Planning Commission
Under the Planning Commission centre-to-state one-way flow of policy existed, whereas, the NITI Aayog has planned a genuine and continuing partnership of states. Now, state governments can play an active role in achieving national objectives, as they have been empowered to provide with strategic and technical advice across the spectrum of policymaking.