Introduction Economic planning has been a cornerstone of India’s developmental journey since independence. When India gained freedom in 1947, it faced widespread poverty, low per capita income, unemployment, underdeveloped industries, and stagnant agriculture. To overcome these structural challenges, India adopted the model of planned economic development, inspired by socialist ideas and the success of the…
Short intro (what it is):The National Institution for Transforming India, popularly known by its acronym NITI Aayog, is the Government of India’s premier policy think-tank and institutional mechanism for cooperative federalism. Formed to replace the old Planning Commission, NITI Aayog’s role is to provide strategic and technical advice, create knowledge and innovation platforms, and help…
Introduction The National Institution for Transforming India (NITI Aayog) is India’s apex public policy think tank, established on 1st January 2015 by the Government of India. It replaced the Planning Commission, which had been in operation since 1950. The formation of NITI Aayog marked a significant shift from centralized planning to decentralized and cooperative federalism,…
Introduction Economic development is a broad concept that goes beyond simple economic growth. While economic growth refers to the increase in a country’s output or income, economic development encompasses improvements in the quality of life, living standards, and overall well-being of people. It involves structural transformation, social progress, and the reduction of poverty and inequalities….
Introduction India’s transformation into a globally significant economy depends on inclusive planning, decentralization, and sustainable practices. In this context, the National Institution for Transforming India (NITI Aayog), established in 2015, replaced the Planning Commission to better align with the needs of a dynamic and market-oriented economy. With the core principles of cooperative federalism, innovation, and…
Introduction India’s economic planning has undergone a significant transformation over the years. The Planning Commission, which played a central role in India’s economic policy framework for over six decades, was replaced by the National Institution for Transforming India (NITI Aayog) in 2015. This shift marked a strategic move towards a more decentralized, inclusive, and market-driven…
Introduction NITI Aayog (National Institution for Transforming India) was established on January 1, 2015, to replace the Planning Commission. As a policy think tank of the Government of India, NITI Aayog plays a crucial role in shaping India’s long-term developmental strategies, formulating policies, and enhancing cooperative federalism. It serves as an advisory body providing directional…
Introduction The National Institution for Transforming India, commonly known as NITI Aayog, is a policy think tank of the Indian government that was established on January 1, 2015, by Prime Minister Narendra Modi. NITI Aayog replaces the erstwhile Planning Commission, which had been in existence since 1950. The creation of NITI Aayog was a significant…
India’s economic and developmental landscape underwent a significant transformation with the establishment of the NITI Aayog (National Institution for Transforming India) in 2015. This institution replaced the erstwhile Planning Commission to better address the evolving needs of the nation through a collaborative, inclusive, and adaptive framework. This article delves into the key objectives of NITI…
NITI Aayog, or the National Institution for Transforming India, is a policy think tank of the Government of India, established on January 1, 2015. It was created to replace the Planning Commission, aiming to foster cooperative federalism and promote sustainable development through innovative strategies and policies . Formation and Purpose of NITI Aayog Objectives of…