|Formed||1 January 2015|
|Annual budget||₹339.65 crores ($48+ million) (2020-21) including Ministry of planning|
|Parent agency||Ministry of planning|
The NITI Aayog (Hindi for Policy Commission) (abbreviation for National Institution for Transforming India) is a policy think tank of the Government of India, established with the aim to achieve sustainable development goals with cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottom-up approach. Its initiatives include "15-year road map", "7-year vision, strategy, and action plan", AMRUT, Digital India, Atal Innovation Mission, Medical Education Reform, agriculture reforms (Model Land Leasing Law, Reforms of the Agricultural Produce Marketing Committee Act, Agricultural Marketing and Farmer Friendly Reforms Index for ranking states), Indices Measuring States’ Performance in Health, Education and Water Management, Sub-Group of Chief Ministers on Rationalization of Centrally Sponsored Schemes, Sub-Group of Chief Ministers on Swachh Bharat Abhiyan, Sub-Group of Chief Ministers on Skill Development, Task Forces on Agriculture and up of Poverty, and Transforming India Lecture Series.
It was established in 2015, by the NDA government, to replace the Planning Commission which followed a top-down model. The NITI Aayog council comprises all the state Chief Ministers, along with the Chief Ministers of Delhi and Puducherry, the Lieutenant Governor of the Andaman and Nicobar Islands, and a vice-chairman nominated by the Prime Minister. In addition, temporary members are selected from leading universities and research institutions. These members include a chief executive officer, four ex-official members, and two part-time members.
29 May 2014, Independent Evaluation Office submitted an assessment report to Prime Minister Narendra Modi with the recommendation to replace the Planning Commission with a "control commission." On 13 August 2014, the Union Cabinet scrapped the Planning Commission, to be replaced with a diluted version of the National Advisory Council (NAC) of India. On 1 January 2015, a Cabinet resolution was passed to replace the Planning Commission with the newly formed NITI Aayog (National Institution for Transforming India). Union Government of India announced the formation of NITI Aayog on 1 January 2015. The first meeting of NITI Aayog was chaired by Narendra Modi on 8 February 2015.
Finance Minister Arun Jaitley made the following observation on the necessity of creating NITI Aayog, "The 65-year-old Planning Commission had become a redundant organisation. It was relevant in a command economy structure, but not any longer. India is a diversified country and its states are in various phases of economic development along with their own strengths and weaknesses. In this context, a ‘one size fits all’ approach to economic planning is obsolete. It cannot make India competitive in today's global economy." It is a reformation scheme of the day-to-day lifestyles of the people of India.
NITI Aayog has started a new initiative on the advice of Prime Minister Narendra Modi called NITI Lectures: Transforming India. The aim of this initiative is to invite globally reputed policy makers, experts, administrators to India to share their knowledge, expertise, experience in policy making and good governance with Indian counterparts. This initiative will be a series of lectures started with first lecture delivered by Deputy Prime Minister of Singapore Mr. Tharman Shanmugaratnam. He delivered lecture on subject called "India and the Global Economy" at Vigyan Bhavan, New Delhi. The Prime Minister spoke about the idea behind this lecture series and stated that his vision for India is rapid transformation, not gradual evolution.
On 31 August 2017, NITI Aayog developed a State Statistics Handbook that consolidates key statistics across sectors for every Indian State/UT. While the State data on crucial indicators is currently fragmented across different sources, this handbook provides a one-stop database of important State statistics.
NITI Aayog has taken initiative on Blockchain usages in E-governance and has conceptualized the tech stack as 'IndiaChain'. IndiaChain is the name given to Niti Aayog's ambitious project to develop a nation-wide blockchain network.
Artificial intelligence, machine learning, Internet of Things, blockchain and big data hold potential to take India to new heights
The vision is to link IndiaChain with IndiaStack, the digital infrastructure that forms the backbone of the Aadhar project. The NITI Aayog initiative on the blockchain system will enforce contracts quicker, prevent fraudulent transactions, and help farmers through the efficient disbursement of subsidies. This project is the first step to a larger system of record keeping and public good disbursement.
NITI Aayog is developing a job portal to connect employers with workers who have returned to their home states due to nationwide lockdown.
Student Entrepreneurship Programme
The Student Entrepreneurship Programme (SEP) 1.0 was launched in 2019 while the SEP 2.0 launched in 2020 aimed to convert the grassroot innovations of Atal Tinkering Lab (ATL) students into end products.The SEP 2.0 which was launched in 2020 provided the opportunity to the students of ATL to work with Dell volunteers and to get mentor support, end user feedback, manufacturing support and launch support of their products in the market. The scheme would be launched and run by "Atal Innovation Mission" (AIM) under NITI Aayog in association with Dell technologies.
The NITI Aayog comprises the following:
- The Prime Minister as the Chairperson.
- A Governing Council composed of Chief Ministers of all the States and Union territories with Legislatures and lieutenant governors of Union Territories(except Delhi and Puducherry)
- Regional Councils composed of Chief Ministers of States and Lt. Governors of Union Territories in the region to address specific issues and contingencies impacting more than one state or a region.
- Full-time organizational framework composed of a Vice-Chairperson, four full-time members, two part-time members (from leading universities, research organizations and other relevant institutions in an ex-officio capacity), four ex-officio members of the Union Council of Ministers, a Chief Executive Officer (with the rank of Secretary to the Government of India) who looks after administration, and a secretariat.
- Experts and specialists in various fields.
With the Prime Minister as the Chairperson, presently NITI Aayog consists of:
- Vice Chairperson: Rajiv Kumar
- Ex-Officio Members: Amit Shah, Rajnath Singh, Nirmala Sitaraman and Narendra Singh Tomar 
- Special Invitees: Nitin Gadkari, Piyush Goyal, Thawar Chand Gehlot and Rao Inderjit Singh 
- Full-time Members: V. K. Saraswat (former DRDO Chief), Ramesh Chand (Agriculture Expert) and Dr. Vinod Paul (Public Health expert)
- Chief Executive Officer (CEO): Amitabh Kant
- Governing Council: All Chief Ministers of States (and Delhi and Puducherry), Lieutenant Governor of Andaman & Nicobar Islands, and Special Invites
- "NITI Aayog Budget Allocation Increased by More than 20%". Press Information Bureau. 23 February 2018. Retrieved 16 February 2020.
- "NITI Ayog update June 2017.", NIC news, June 2017.
- "We will use every provision in the Constitution to push reforms". www.openthemagazine.com.
- "Prime Minister Narendra Modi inaugurates 'NITI Lectures: Transforming India'".
- "Niti Lectures".
- Jatinder, Kaur. "NITI Aayog Releases State Statistics Handbook" (Online). ABC Live. Retrieved 1 September 2017.
- "IndiaChain: Niti Aayog starts on IndiaStack-linked, large-scale Blockchain projects". FactorDaily. 13 November 2017. Retrieved 13 October 2020.
- "PM Modi Says AI, Blockchain Will Change the Nature of Jobs".
- "IndiaChain: India's ambitious blockchain project - The Indian Economist | DailyHunt". DailyHunt. Retrieved 31 October 2018.
- "What is IndiaChain: a blockchain system that could soon be the heart of governance in India?". Business Insider. Retrieved 31 October 2018.
- "NITI Aayog developing portal to connect 200 million workers with job providers".
- "Atal Innovation Mission and Dell Technologies Launch Student Entrepreneurship Programme 2.0". Press Information Bureau. Retrieved 2 September 2020.
- "Archived copy" (PDF). Archived from the original (PDF) on 16 July 2015. Retrieved 16 July 2015.CS1 maint: archived copy as title (link)
- "Gazette of India: Re-constitution of NITI Aayog dated June 7, 2018" (PDF).
- "Niti Aayog vice-chairman Arvind Panagariya in RBI Governor race", Deccan Chronicle, 20 June 2016
- "New Ministers join NITI Aayog". The Hindu. Retrieved 7 June 2019.
- "New Ministers join NITI Aayog". The Hindu. Retrieved 7 June 2019.
- "Agriculture expert Ramesh Chand appointed as Niti Aayog member | Business Standard News". Business-standard.com. 18 June 2016.
- "From Planning Commission To Niti Aayog: Life comes a full circle for Dr Vinod Paul". The Indian Express. 6 August 2017. Retrieved 28 August 2017.
- "Niti Aayog extends deadline for research labs by a month", The Economic Times, 15 June 2016
Media related to NITI Aayog at Wikimedia Commons
Refer to Planning Commission of India