NITI Aayog

National Institution for Transforming India (NITI) Aayog is a government body that works as a public policy think tank of India. Prime minister is the chairman of NITI Aayog. It is the Institution that transforms India by developing credible plans at village level. It plays a significant role in economy and policy planning for India. National security is the prime objective of economic strategy and policy of NITI Aayog. This article revolves around describing NITI Aayog, initiatives taken by this body, and their wider socio-economic influences in terms of national economy and planning. 

Governing council of NITI Aayog

Honourable Prime Minister and chief ministers of all states, Union Territories along with Lt. Governors of Union Territories are the members of the council. It was formulated by the Union Cabinet on 1 January 2015. 

Objectives of NITI Aayog

NITI Aayog design and frame out long term policies and monitor their progress. Policies are formulated applying innovative improvement using necessary corrections. It also offers a strategic platform that helps in resolving inter-sectoral and interdepartmental conflicts and issues. However, concerning the current scenario focuses on technology up-gradation that further helps in implementation of initiatives and programmes. NITI Aayog Information also focuses on development agendas that are based on a national level. 

Features of NITI Aayog

NITI Aayog is enhancing itself utilizing updated knowledge. It increases access to extreme levels that enable it to share information. NITI Aayog meaning suggests a diminishing role for policies and planning on the central level. One of the key features of NITI Aayog is that it provides suggestions and advice to Key Stakeholders of India namely minded Think Tanks. 

NITI Aayog changes policy making plans

By providing adequate technology NITI Aayog design strategy that helps in programming government policies. Medical Education reform can be stated as the best examp0le that NITI Aayog changed the fundamental nature of planning policies of India. 

NITI Aayog works from bottom that enables it to achieve sustainable development targets with federalism. NITI Aayog applied new innovations such as Team India Hub and the Knowledge and Innovation hub that created better relations between states and centres. AIM ( ATAL Innovation Hub) is one of the best examples of innovation done by NITI Aayog.

NITI Aayog and Indian economy

NITI Aayog holds specific roles in enhancing the economic prosperity of this nation. For example, this is the government-aided subsidiary that is responsible for aggregating different initiatives and planning, while executing them at an optimized level towards accelerating the economic prosperity of the Indian economy. NITI Aayog holds its purpose for developing mechanisms, formulating credible plans at different societal and community levels, while aggregating all these planning at higher levels of the Indian Government. In order to say more precisely, the interests of national security have always been a priority for NITI Aayog to develop the economy and planning processes. 

NITI Aayog planning processes

NITI Aayog’s meaning redirects to the formulation of national policy for “New India”. The body performs systematic planning replacing the one-direction flow of policy. The planning done by NITI Aayog is with a shared national agenda by combining the Centre-State relationships. The new body was implemented by the central government. In this aspect, it can be argued that the NITI Aayog information system is speculative about planning processes that need to be taken into account to make India progressive. A cumulative prospect of NITI Aayog is evolving shared vision regarding national development priorities while fostering cooperative federalism via structured supposed mechanisms. NITI Aayog Planning processes also include different initiatives, including reinvigorating sports in different rural areas and progressing towards a Green India. Apart from that, NITI Aayog’s meaning and planning include paying particular attention to backward classes of the societies so that they can get adequate benefits of social systems. More specifically to say about it, NITI Aayog finds it responsible for designing strategic, long-term policies and program frameworks, while monitoring their progress, efficacy levels, and performances. Undoubtedly, a major focus of NITI Aayog planning is creating an innovation, knowledge, and entrepreneurial support system and related environment so that a collaborative community of international and national stakeholders and partners can be established.  

Conclusion 

NITI Aayog was launched by the government of India with the motive of transforming the country and its evolution. The body was implemented for the country to undergo and evolve in the matters related to economic, technological, political, and social changes that will interest the country’s benefit.