This document outlines a group project on the topic of NITI Aayog, the Indian think tank that replaced the Planning Commission. It provides information on the group members, topics to be covered in the project, background on NITI Aayog including its objectives, formation, leadership, and how it differs from the Planning Commission. It also summarizes the impact of replacing the Planning Commission with NITI Aayog, initiatives taken by NITI Aayog, and concludes that NITI Aayog will enhance cooperative federalism and innovative thinking.

1. Group Members: Sanjoy Das
Santanu Sharma
Sharadi Baruah,
Silpi Sikha Baruah
Sony Sahu
Batch: MBA 2017-19

2. Topics to be covered
What is “NITI AAYOG” ?
Why was it formed ?
Advantages of “NITI AAYOG” over “INDIAN PLANNING COMMISSION”.
Impact on INDIAN PLANNING after NITI AAYOG was formed
Initiatives taken by NITI AAYOG
Conclusion

3. What is “NITI AAYOG” ?
 NITI is the acronym for National Institution for Transforming India.
 It was formed on 1st Jan 2015 & the first meeting was formed on 08th Feb
2015.
 It is a govt. of India policy think-tank established by BJP govt. to replace
the PLANNING COMMISION which followed the top-down model.
 Its main objective is to foster involvement and participation in the econo
mic policy making process by the State Govts. Of India by implementing c
o-operative federalism.
 Prime Minister Shri NARENDRA MODI is its ex officio chairman, RAJIV KUM
AR is the vice-chairman & its CEO is AMITABH KANT.

5. Why NITI Aayog is formed?
 To work for national development by prior involvement of the existing STATES having nation
al objectives.
 To foster CO-OPERATIVE FEDERALISM.
 To formulate credible plans at village levels as well as higher levels.
 To incorporate national security.
 To help the economically backward states.
 To build a connection between the stake holders, think-tanks and educational institution to s
upport innovations and entrepreneurship.
 To focus on technology upgradation & implement programs and initiatives for the developme
nt of nation.
 Implementing programs and schemes more quickly.

6. Advantages of “NITI AAYOG” over “I
NDIAN PLANNING COMMISSION”.

7. Impact on INDIAN PLANNING after NI
TI AAYOG was formed
 The FIVE-YEAR plans were replaced by 15 years old vision document
consisting a 7 year strategy (2017-20) which was divided into 7 parts with different actions t
o execute for economic growth.
 The GDP is expected to rise 3 times in 15 years i.e from 137 lakhs to 467 lakhs.
 There was greater flexibility in communication process between the state govts. and centra
l govts.
 India can now achieve broader social objectives to meet UNDP’s 2030 sustainable goals com
prised of as many as 300 action points covering wide range of sectors.
 State’s share in central taxes increased from 32% to 42%.
 The economy now have INTERNAL SECURITY which wasn’t there in five-years plans.

8. Initiatives taken by NITI AAYOG
 Agricultural reforms(model land leasing act,2016)
 Agricultural marketing reforms(improvement of agri-business throughout the country).
 Medical education reforms (implementing separate body for regulations)
 Digital payments reforms (implementing the JAN DHAN accounts,BHIM app for digital payme
nts , incentive schemes like LUCKY GRAHAK YOJANA & DIGI DHAN VYAPAR YOJANA.)
 Atal innovation mission.( Atal tinkering labs & atal incubation centers.)
 Sustainable Action for Transforming Human Capital (SATH) initiative.(to help economically b
ackward states & improvement of health)
 To reduce poverty(by implementing anti poverty programs)
 To promote ideas on “SWACH BHARAT ABHIYAN”

9. Conclusion
Thus, the implementation of NITI AAYOG will spur in
novative thinking by objective experts and cooperati
ve federalism by enhancing the voice and influence o
f the states which will narrow the existing intellectu
al diversity.