What is the Full Form of NITI Aayog?

The full form of NITI Aayog is the National Institute for Transforming India Aayog. It is a policy think tank under the jurisdiction of the Government of India, that was established on the 1st January 2015. The two words, “Niti Aayog” translated from Hindi mean ‘Policy Commission.’ Moreover, it reflects its mission to propel sustainable development across all sectors in India. The current Chairperson of NITI Aayog is PM Narendra Modi, with B.V.R Subramaniyam as the CEO and Suman Bery as the Vice Chairperson. Additionally, the parent government agency is the Ministry of Planning. 

Fascinating Fact! On the 1st of January, 2015 the Planning Commission was replaced by NITI Aayog. 

What is the Function of NITI Aayog?

• NITI Aayog gives both directional and policy inputs to the government. 
• It aims to promote involvement and participation in the economic policy-making process. 
• Moreover, it wants to do so by incorporating the views and aspirations of the States and UTs. 
• Additionally, the goal of NITI Aayog is to create an inclusive as well as Sustainable Development path for India through cooperative federalism.

• It provides strategic and technical advice across the spectrum of key elements of sustainable development such as infrastructure, economic policies, and social policies. 
• NITI Aayog strives to evolve mechanisms to develop potential plans at the village level and effectively monitor their implementation, by encouraging innovation and entrepreneurship.

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What are the 7 Pillars of NITI Aayog?

Furthermore, the 7 Pillars of NITI Aayog are as follows:

1. Pro-people
2. Pro-activity
3. Participation
4. Inclusion of all
5. Transparency
6. Empowering
7. Equality

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Composition of NITI Aayog

Here is the overview of the composition of NITI Aayog:

Member	Details
Chairperson	The Prime Minister of India
Vice-Chairperson	Appointed by the Prime Minister
Members	Full-time and part-time Part-time: A maximum of 2 members are nominated from leading research organizations or top universities.
Ex Officio members	A maximum of 4 members of the Council of Ministers are nominated by the Prime Minister.
CEO	Appointed by the Prime Minister
Regional Councils	Formed for a fixed term Consists of the Chief Ministers of States and Lt. Governors of Union Territories.

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