R. Balasubramaniam and K.V. Raju Join NITI Aayog
R. Balasubramaniam and K.V. Raju have been appointed as members of NITI Aayog, the Government of India’s policy think tank. NITI Aayog was established on 1 January 2015 to replace the Planning Commission and to support cooperative federalism and strategic policy formulation.
NITI Aayog: Structure and Role
NITI Aayog is a non-constitutional and non-statutory body under the Government of India. It functions as an advisory institution on economic policy, long-term development strategy, and coordination between the Union and State governments.
Membership and Composition
NITI Aayog is chaired by the Prime Minister of India. Its structure includes a Vice-Chairperson, full-time members, ex-officio members, special invitees, and chief executive officers appointed by the Union government.
Planning Commission to NITI Aayog
The Planning Commission was created in 1950 and operated as the central planning body before its replacement by NITI Aayog in 2015. NITI Aayog uses a bottom-up approach in policy design and works with States and Union Territories on development priorities.
Important Facts for Exams
- NITI Aayog was formed on 1 January 2015.
- The Planning Commission was established in 1950.
- The Prime Minister of India serves as the Chairperson of NITI Aayog.
- NITI Aayog is a non-constitutional and non-statutory body.