ECONOMICS

NITI AAYOG
DONE BY: HANA FATHIMA
ABOUT
The Planning Commission which has a legacy of 65 years has been
replaced by the NITI Aayog. The utility and significance of the Planning
Commission had been questioned for a longer period
It stands for National institution for transforming India.
It serves a role of think tank for the government and for the company's
policy wherein it provides the inputs to the process of Policy Formulation.
NITI Aayog Chairman – Narendra Modi
NITI Aayog Vice-Chairman – Shri Suman Bery (May 1, 2022 – present) is
the current Vice Chairman of the NITI Aayog.
 GOALS AND OBJECTIVES
Objective n° 1
The active Objective n° 2
participation of To promote cooperative Objective n° 3
States in the light of federalism through well-
national objectives To construct methods to
ordered support initiatives and
and to provide a formulate a reliable
mechanisms with the States on
framework ‘national strategy at the village
an uninterrupted basis.
agenda'
level and aggregate
these gradually at higher
levels of government.

 GOALS AND OBJECTIVES

Objective n° 4
Objective n° 5
An economic policy
that incorporates 1. To pay special consideration Objective n° 6
national security to the sections of the
interests. society that may be at risk 1. To propose strategic

of not profiting satisfactorily and long-term policy
from economic progress. and programme

frameworks and

initiatives, and review
their progress and
their effectiveness.

 GOALS AND OBJECTIVES

Objective n° 7 Objective n° 8
To grant advice and To generate knowledge,
encourage partnerships innovation, and Objective n° 9

between important entrepreneurial support

To provide a platform
stakeholders and system through a shared
for resolution of
national-international community of national and
inter-sectoral and
Think Tanks, as well as international experts, etc.

inter-departmental
educational and policy
issues to speed up
research institutions.
the accomplishment

of the progressive

agenda.

 GOALS AND OBJECTIVES

Objective n° 10 Objective n° 11
To effectively screen and assess
To preserve a state-of- the implementation of
the-art Resource Centre, Objective n° 12
programmes and initiatives,
be a repository of including the identification of To pay attention to
research on good the needed resources to technology improvement
governance and best strengthen the likelihood of and capacity building for
practices in sustainable success. the discharge of
and equitable
programs and initiatives
development as well as

help their distribution to

participants.

 EVOLUTION
-The NITI Aayog was formed on January 1, 2015. In Sanskrit, the word “NITI” means
morality, behaviour, guidance, etc. But, in the present context, it means policy and
the NITI stands for “National Institution for Transforming India”. It is the country’s
premier policy-making institution that is expected to bolster the economic growth of
the country. It aims to construct a strong state that will help to create a dynamic
and strong nation. This helps India to emerge as a major economy in the world. The
NITI Aayog’s creation has two hubs called “Team India Hub” and “Knowledge and
Innovation Hub”.
-Team India: It leads to the participation of Indian states with the central
government
 EVOLUTION
-The Knowledge and Innovation Hub: it builds the institution’s think tank
capabilities.
-NITI Aayog is additionally creating itself as a State of the Art Resource Center, with
the essential resources, knowledge, and skills that will empower it to act with speed,
advance research and innovation, bestow crucial policy vision to the government
and manage unforeseen issues. The reason for setting up the NITI Aayog is that
people had expectations for growth and development in the administration through
their participation. This required institutional changes in administration and active
strategy shifts that could seed and foster substantial scale change.
 7 PILLARS
1. Pro-people: it fulfils the aspirations of society as
well as individuals
2. Pro-activity: in anticipation of and response to
citizen needs
3. Participation: involvement of the citizenry
4. Empowering: Empowering, especially women in all
aspects
5. Inclusion of all: inclusion of all people
irrespective of caste, creed, and gender
6. Equality: Providing equal opportunity to all
especially for youth
7. Transparency: Making the government visible and
responsive
DOCUMENTS 1. FIFTEEN-YEAR VISION,
PUBLISHED BY 2. SEVEN YEAR STRATEGY AND
3. THREE-YEAR ACTION AGENDA.
NITI AAYOG

THANK YOU