NITI Aayog Objectives - Why NITI Aayog - What is The use of NITI Aayog

How National Institution for Transforming India Aayog  Works - What is the Vision

The vision of the NITI Aayog will then provide a framework ‘national agenda’ for the Prime Minister and the Chief Ministers to provide impetus to.
To foster cooperative federalism through structured support initiatives and mechanisms with the States on a continuous basis, recognizing that strong States make a strong nation.
To develop mechanisms to formulate credible plans at the village level and aggregate these progressively at higher levels of government.
To ensure, on areas that are specifically referred to it, that the interests of national security are incorporated in economic strategy and policy.
To pay special attention to the sections of our society that may be at risk of not benefiting adequately from economic progress.
To provide advice and encourage partnerships between key stakeholders and national and international like-minded Think Tanks, as well as educational and policy research institutions.
To create a knowledge, innovation and entrepreneurial support system through a collaborative community of national and international experts, practitioners and other partners.
To offer a platform for resolution of inter-sectoral and inter-departmental issues in order to accelerate the implementation of the development agenda.
To maintain a state-of-the-art Resource Center, be a repository of research on good governance and best practices in sustainable and equitable development as well as help their dissemination to stake-holders.
To actively monitor and evaluate the implementation of programmes and initiatives, including the identification of the needed resources so as to strengthen the probability of success and scope of delivery.

Day-to-day functioning of Niti Ayog will be done through a chief executive officer (CEO) appointed by prime minister. There was no provision for CEO in the Planning Commission.

A resolution released by the cabinet secretariat provides for appointing full time members, two part-time members with expertise in specific domains and four cabinet ministers to be co-opted by the prime minister. The cabinet resolution on Niti Ayog has given broad hints about disbanding the five-year plans that were formulated by the Planning Commission and implemented by states. It was first announced by Modi on the August 15 Red Fort speech.

The new body also does not have the mandate to disburse funds to states as was done by the Planning Commission. Instead, states would directly interact with finance ministry and decide on sharing tax proceeds as per set formulas. Niti Aayog also proposes a strategic shift in the government’s role restricting it to ‘enabling legislation, policy making and regulation’. There are significant point of differences between the Niti Aayog or commission and the earlier body. The Niti Commission will have four Union cabinet ministers as ex-officio members while Planning Commission had a deputy minister/minister of state.

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