NITI Aayog
Economics · नीति आयोग · 13 facts
NITI Aayog replaced Planning Commission on 1 January 2015
NITI = National Institution for Transforming India
NITI Aayog established by Cabinet Resolution (non-constitutional, non-statutory)
NITI Aayog has NO power to allocate funds — KEY difference from Planning Commission
PM is the Chairperson of NITI Aayog (same as Planning Commission)
NITI Aayog has a CEO appointed by PM — equivalent to Secretary rank
NITI Aayog works as policy think-tank promoting cooperative federalism
All Chief Ministers and Lt Governors are members of Governing Council
NITI Aayog focuses on bottom-up approach instead of top-down planning
Atal Innovation Mission (AIM) launched under NITI Aayog for startups
NITI Aayog publishes SDG India Index to track sustainable development goals
15th Finance Commission replaced Gadgil Formula for fund allocation
NITI Aayog has Vice Chairperson, CEO, full-time members, and special invitees