What is NITI (National institution for transforming India) Aayog ?

The Government of India has replaced planning commission with a new body known as NITI Aayog ( i.e. National institution for transforming India). A govt Resolution issued on 01-January-2015 gave details of the new body. The institutional framework of govt. has developed and matured over the years. This has allowed the development of domain expertise which allows us the chance to increase the specificity of functions given to institutions. Specific to the planning process, there’s a desire to separate as well as energize the distinct ‘process’ of governance from the ‘strategy’ of governance. In the context of governance structures, the changed requirements of our country, point to the need for establishing an institution that serves as a think tank of the govt. – a directional and policy generator. The proposed institution must provide governments at the central and state levels with relevant strategic and technical recommendation across the spectrum of key elements of policy. This includes matters of national and international import on the economic front, dissemination of best practices from in the country as well as from other nations, the infusion of new policy ideas and specific issue-based support. The institution has to be able to respond to the changing and
more integrated world that India is part of. An important evolutionary modification from the past will be replacing a centre-to-state one-way flow of policy by a genuine and continued partnership with the states. The institution must have the mandatory resources, knowledge, skills and, ability to act with speed to provide the strategic policy vision for the govt. as well as contend with contingent issues. Perhaps most significantly, the institution must adhere to  the tenet that whereas incorporating positive influences from the world, no single model can be transplanted from outside into the Indian scenario. We need to find our own strategy for growth. The new institution has to zero in on what will work in and for India. It will be a Bharatiya approach to development.