It is government of India policy established by the Narendra Modi government to replace the planning commission . The union government of India announced the formation of NITI Aayog
on 1 Jan 2015 and the first meeting was held on 8 Feb 2015. The main aim of NITI Aayog is to maintain the relationship between central government and state government of India. Finance Minister Arun Jaitley made the following observation on the necessity of creating NITI Aayog,"The 65 years old planning commission had become a redundant organisation.It was relevant in a command economy structure,but not only longer.
NITI Aayog replaces planning commission with a "control commission''.Planning commission is nothing but resources for the development plans for national progression and control commission is an independent regulatory body whose Chairperson is Prime Minister of India.Vice Chairperson of NITI Aayog is Arvind Panagariya and their official members and Rajnath Singh,Arun Jaitley,Suresh Prabhu, and Radha Mohan. Economist Bibek Debroy and former DRDO chief V.K.Saraswat are it's full time members.Amitabh Hant is C.E.O of NITI Aayog. NITI Aayog launches women Transforming India Initiative.
The objective of NITI Aayog is important evolutionary change from the past will be replacing a centre to state one way flow of policy by a genuine and continuing partnership with the states.NITI Aayog has launched their official website niti.gov.in from that you will get more information about ongoing projects of NITI Aayog.
