Niti Aayog year
VerifiedAnswer: 2015
Explanation:
NITI Aayog was established in 2015 as a policy think tank by the Government of India. It replaced the Planning Commission, which had been functioning since 1950. The decision to create NITI Aayog was announced by Prime Minister Narendra Modi through a cabinet resolution.
The name "NITI Aayog" stands for National Institution for Transforming India. This organization was created with the vision of fostering cooperative federalism and ensuring that the states become genuine partners in national development. Unlike the Planning Commission, which followed a top-down approach, NITI Aayog follows a bottom-up approach to policy making.
The key functions of NITI Aayog include developing economic policies, fostering cooperative federalism, and acting as a platform for knowledge and innovation hub. It serves as a catalytic agent for policy change and provides strategic inputs to both central and state governments. The organization also monitors and evaluates the implementation of various government programs and schemes.
The composition of NITI Aayog includes the Prime Minister as its Chairperson, a Vice-Chairperson, full-time members, part-time members, ex-officio members, and a CEO. This structure ensures representation from various sectors and expertise areas, making it a comprehensive policy-making body that addresses India's diverse developmental challenges.
