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The Hindu
PTI
ews National
Published: January 1, 2015 11:47 IST | Updated: January 1, 2015
19:12 IST
NITI Aayog to replace Planning Commission
Special Correspondent
Mr. Modi had announced that the Planning Commission would be
replaced by a new body. File photo
In this December 7, 2014 photo, Prime Minister Narendra Modi
with Chief Ministers and Governors at the retreat at Race Course
Road,
following the meeting on Planning Commission revamp in New
Delhi.
ITI (National Institution for Transforming India) Aayog will
have a governing council comprising all Chief Ministers and
Lt.overnors.
On the first day of the New Year, the Modi Government set up
Niti Aayog or the National Institution for TransformingIndia
replacing the Planning Commission. The Prime Minister will head the
new institution, which is tasked with the
ole of formulating policies and direction for the Government.
Its Governing Council will comprise State ChiefMinisters and Lt.
Governors of Union Territories.
he new institution will serve as a think-tank and provide a
national agenda for the Prime Minister and the ChiefMinisters.
his will include relevant strategic and technical advice on key
elements of policy, economic matters of national andnternational
importance, the official release on the Cabinet resolution setting
up the Niti Aayog said.
It will also develop mechanisms for the formulation of
village-level plans and aggregate these progressively at
higherevels of government.
he resolution begins with a quote of Mahatma Gandhi on the law
of life being constant development and goes on totate said that the
institutions of governance and policy have to adapt to new
challenges and they must be built on theounding principles of the
Constitution of India.
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he transformation of India, it states, would involve changes of
two types consequences of market forces and thosehat would be
anticipated and planned. The evolution and maturing of our
institutions and polity also entail aiminished role for centralised
planning, which itself needs to be redefined.
rime Minister Narendra Modi with Chief Ministers and Governors
of various States at the retreat at Race Courseoad, following the
meeting on Planning Commission revamp, in New Delhi on December 7,
2014. Photo: PTI
On the planning process, the resolution states that there was a
need to separate the process of governance from thestrategy of
governance.
lso part of the proposal is a state-of-the-art Resource Centre,
a repository of research on good governance and bestractices.
Unlike the Commission, the Aayog wont have a Secretary. It will
have a PM-appointed Vice-Chairperson and a ChiefExecutive Officer.
Former Asian Development Bank Chief Economist and Columbia
University Professor ArvindPanagariya is tipped to be the Aayogs
first Vice Chairperson. The Government, however, had not made a
formal
nnouncement till the time of going to press.
he Commission was set up in March, 1950 through a Cabinet
Resolution, which the Modi Government scrapped in
ugust 2014.Keywords: NITI Aayog, National Institution for
Transforming India, Planning Commission revamp
Printable version | Jan 1, 2015 11:32:45 PM |
http://www.thehindu.com/news/national/planning-commission-to-be-enamed-niti-ayog/article6744546.ece
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