Introduction
The Planning Commission which has a legacy of 65 years has been replaced by the NITI Aayog. The utility and significance of the Planning Commission had been questioned for long. The replacement seems to be more relevant and responsive to the present economic needs and scenario in the country.
The NITI Aayog is a very important topic for the UPSC civil services exam. It is a pivotal organisation that is bound to play a vital role in the country’s development process. Hence, you should read about the NITI Aayog in detail as questions can be asked on it both in the UPSC prelims and mains exams.
NITI Aayog Evolution
The NITI Aayog was formed on January 1, 2015. In Sanskrit, the word “NITI” means morality, behavior, guidance, etc. But, in the present context, it means policy and the NITI stands for “National Institution for Transforming India”. It is the country’s premier policy-making institution that is expected to bolster the economic growth of the country. It aims to construct a strong state that will help to create a dynamic and strong nation. This helps India to emerge as a major economy in the world. The NITI Aayog’s creation has two hubs called “Team India Hub” and “Knowledge and Innovation Hub”.
NITI Aayog is additionally creating itself as a State of the Art Resource Center, with the essential resources, knowledge, and skills that will empower it to act with speed, advance research and innovation, bestow crucial policy vision to the government, and manage unforeseen issues. The reason for setting up the NITI Aayog is that people had expectations for growth and development in the administration through their participation. This required institutional changes in administration and active strategy shifts that could seed and foster substantial scale change.
Objectives of NITI Aayog
7 pillars of effective governance envisaged by NITI Aayog
The NITI Aayog is based on the 7 pillars of effective Governance.
They are:
NITI Aayog Composition
The NITI Aayog will comprise the following:
NITI Aayog Vice-Chairman
Dr. Rajiv Kumar (September 2017 – present) is the current Vice Chairman of the NITI Aayog.
NITI Aayog – Latest Information
1. The NITI Aayog has framed a model Act on conclusive land titles that it hopes will be adopted and implemented by states. The aim is to facilitate easy access of credit to farmers and reduce a large number of land-related litigations, besides enabling transparent real estate transactions and land acquisition for infrastructure developments.
2. Recently the NITI Aayog vice chairman had mentioned that the Government will introduce the production-linked incentive (PLI) scheme for more sectors to boost domestic manufacturing. The objective of the PLI scheme is to incentivise investors in this country to put up globally comparable capacity in scale and competitiveness. The Government of India has already introduced the PLI scheme for pharmaceutical, medical devices, mobile phones and electronic manufacturing companies. It is now considering extending the scheme to other sectors as well.
545 videos|966 docs|373 tests
|
1. What is NITI Aayog? |
2. What is the main objective of NITI Aayog? |
3. How does NITI Aayog differ from the Planning Commission? |
4. What are the key initiatives and programs undertaken by NITI Aayog? |
5. How does NITI Aayog contribute to India's development? |
545 videos|966 docs|373 tests
|
|
Explore Courses for UPSC exam
|