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Which of the following is NOT true with reference to the NITI Aayog?
1. It replaced the Planning Commission
2. It provides policy inputs to the Government of India
3. It was formed on January 1, 2015
4. It was formed by an Act of Parliament

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Correct Answer - Option 4 : It was formed by an Act of Parliament

The correct answer is It was formed by an Act of Parliament.

  • Planning Commission was replaced by a new institution NITI AAYYOG on January 1, 2015, with emphasis on the ‘Bottom –Up’ approach to envisage the vision of Maximum Governance, Minimum Government, Sustainable development, echoing the spirit of cooperative federalism and Agricultural reforms. 
  • NITI stands for “National Institution for Transforming India”.
  • NITI Aayog is the premier policy ‘Think Tank’ of the Government of India, providing both directional and policy inputs. ; NITI Aayog also provides relevant technical advice to the Centre and States.
  • It is not a constitutional body because a constitutional body is one that derives its powers, functions, and organizational structure from the Constitution of India.
  • It has been passed by a resolution of the cabinet also called executive resolution.
  • Structure of NITI Aayog
    • The Prime minister of India will be a chairperson.
    • The governing council comprises the Chief minister of all the state and Lieutenant governor of all Union territory.
    • The regional meeting will be convened by the Prime minister and comprises the Chief minister of all the state and Lieutenant governor of all Union territory in the region. These will be chaired by the chairperson of NITI Aayog or his nominee.
    • Experts, specialists and practitioners with the relevant domain are special invitees nominated by the Prime minister.

  • Composition of NITI Ayog-
    • Chairperson - Narendra Modi
    • CEO -  Amitabh Kant
    • Vice-Chairman - Dr. Rajiv Kumar

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