A new body has come to replace
the Planning Commission of India today - NITI Aayog or the National Institution
for Transforming India.
The Prime Minister will be the
Chairman of the Aayog, and it will work as the policy think-tank for the Union
government and for the state Governments as well.
As far as the composition of the
NITI Aayog is concerned, its governing council will be comprising of all the
CMs of the states and Lt Governors of the Union territories. In addition to
that, there will be a CEO and a VP who will be picked by the PM. There will
also be some full time and two part-time members, at the same time four union
ministers would serve as ex-officio members.
The Aayog will work towards
strengthening a co-operative federalism for providing a national agenda to center
and states.
Apart from the above mentioned
parts, there would be specific regional councils, while experts and specialists
from different walks of life would be there as special invitees nominated by
the PM himself.
NITI Aayog will work as a think
tank of the government and function as a direction and policy dynamo. It will
provide the government at the center and states with strategic and expert
advice on key policy matters including economic issues of national
interests.
The PM had voiced his opinion on
scrapping the Planning Commission, which was established on March 15 1950, in
his Independence Day speech last year.
The NITI Aayog has been set up by
the government through a Cabinet Resolution.
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