NITI Aayog full form is National Institution for Transforming India. The Planning Commission has been succeeded by the NITI Aayog, which has a 65-year history. For a longer time, the Planning Commission’s utility and significance had been questioned. The replacement appears to be more relevant and sensitive to the country’s current economic demands and scenario.
The Planning Commission has been succeeded by the NITI Aayog, which has a 65-year history. For a longer time, the Planning Commission’s utility and significance had been questioned. The replacement appears to be more relevant and sensitive to the country’s current economic demands and scenario.
On January 1, 2015, the NITI Aayog was established. The word “NITI” signifies morals, behavior, guidance, and so forth in Sanskrit. However, in this context, it refers to policy, and the NITI stands for “National Institution for Transforming India” which is the NITI Aayog full form. It is the country’s principal policy-making agency, and it is supposed to boost the country’s economic growth. It aspires to build a strong state that will aid in the development of a vibrant and strong nation. This contributes to India’s rise as a significant global economy. The NITI Aayog has two hubs: “Team India Hub” and “Knowledge and Innovation Hub.”
- It leads to the engagement of Indian states with the central government in Team India.
- The Knowledge and Innovation Hub strengthens the think tank capabilities of the institution.
NITI Aayog is also establishing itself as a cutting-edge resource center, with the necessary resources, expertise, and abilities to move quickly, develop research and innovation, provide critical policy vision to the government, and manage unforeseen difficulties. The NITI Aayog was established because people expected to see progress and improvement in the administration through their participation. This necessitated administrative structural adjustments as well as active strategy alterations that might seed and support large-scale transformation.
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