Question

NITI Aayog is set up by
1. a resolution by Union Cabinet
2. Amending the Constitution of India
3. Both (A) and (B)
4. Neither (A) nor (B)

Answer 1

Correct Answer - Option 1 : a resolution by Union Cabinet

The correct answer is a resolution by Union Cabinet.

• The National Institution for Transforming India, also called NITI Aayog, was formed via a resolution of the Union Cabinet on January 1, 2015.
• NITI Aayog is the premier policy ‘Think Tank’ of the Government of India, providing both directional and policy inputs.
  • While designing strategic and long-term policies and programs for the Government of India, NITI Aayog also provides relevant technical advice to the Centre and States.

• The Government of India, in keeping with its reform agenda, constituted the NITI Aayog to replace the Planning Commission instituted in 1950.
• Planning Commission was replaced by a new institution – NITI AAYYOG (National Institution for Transforming India) on January 1, 2015.
  • It focuses upon the ‘Bottom-Up’ approach of Planning.
• Administrative Skeltal:
  • Amitabh Kant is the current CEO and Rajiv Kumar is the current Vice Chairman of the same.
  • Chairperson: Prime Minister Narendra Modi.
• Objectives
  • 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 offer a platform for the resolution of inter-sectoral and inter-departmental issues to accelerate the implementation of the development agenda.
  • To maintain a state-of-the-art Resource Centre, be a repository of research on good governance and best practices in sustainable and equitable development as well as help their dissemination to stakeholders.
  • To develop mechanisms to formulate credible plans at the village level and aggregate these progressively at higher levels of government.
  • To create a knowledge, innovation, and entrepreneurial support system through a collaborative community of national and international experts, practitioners, and other partners.
  • To ensure, on areas that are specifically referred to it, that the interests of national security are incorporated in economic strategy and policy.