NITI Full Form – What Is NITI, Definition, Meaning, Uses

NITI Full Form – What Is NITI, Definition, Meaning, Uses will be discussed here. The NITI Aayog is the Government of India’s premier public policy think tank and the nodal organization tasked with stimulating economic development and building cooperative federalism through the bottom-up involvement of State Governments in the financial policymaking process.

Its initiatives include the “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, Agricultural Produce Marketing Committee Act Reforms, Agricultural Marketing and Farmer Friendly Reforms Index for ranking states), Indices Measuring States’ Performance in Health, Education, and Water Management, and Indices Measuring States’ Performance in Health, Education, and Water Management.

Sub-Group of Chief Ministers on Centrally Sponsored Schemes Rationalization, Sub-Group of Chief Ministers on Swachh Bharat Abhiyan, Sub-Group of Chief Ministers on Skill Development, Task Forces on Agriculture and Poverty Reduction, and the Transforming India Lecture Series

The NDA government established it in 2015 to replace the Planning Commission, which operated on a top-down paradigm. All state Chief Ministers, the Chief Ministers of Delhi and Puducherry, Lieutenant Governors of all UTs, and a vice-chairman appointed by the Prime Minister, make up the NITI Aayog council. Temporary members are also chosen from top universities and research institutions. This group comprises a chief executive officer, four ex-official members, and two part-time members.

NITI Full Form

The National Institution for Transforming India (NITI) was established on January 1, 2015, by a resolution of the Union Cabinet. The National Institution for Transforming India (NITI) Aayog (Policy Commission) is a policy think-tank of the Indian government that provides directional and policy inputs.

NITI: National Institution for Transforming India

NITI Aayog is a Government of India Public Policy Think Tank founded to reach Sustainable Development Goals through cooperative federalism by encouraging state governments to participate in economic policymaking through a bottom-up approach. Has vanished.

History of NITI

The Independent Evaluation Office delivered a report to Prime Minister Narendra Modi on May 29, 2014, recommending that a “control commission replace the Planning Commission.” The Union Cabinet abolished the Planning Commission on August 13, 2014, and replaced it with a weakened version of India’s National Advisory Council (NAC).

A Cabinet resolution was made on January 1, 2015, to replace the Planning Commission with the newly constituted NITI Aayog (National Institution for Transforming India). On January 1, 2015, the Union Government of India announced the creation of the NITI Aayog. Narendra Modi presided over the NITI Aayog’s first meeting on February 8, 2015.

“The 65-year-old Planning Commission had become a redundant organization,” Finance Minister Arun Jaitley said of the need for NITI Aayog to be created. It used to be relevant in a command economy, but not anymore. India is a diverse country, with states at varying stages of economic growth, each with its strengths and disadvantages. A one-size-fits-all approach to financial planning is no longer appropriate in this setting. It is impossible to make India competitive in today’s global economy.

Lectures by the National Institute of Technology

Under Prime Minister Narendra Modi’s guidance, NITI Aayog has launched a new program called NITI Lectures: Transforming India. This project aims to bring internationally renowned policymakers, experts, and administrators to India to share their knowledge, expertise, and experience in policymaking and good governance with their Indian counterparts.

This effort will consist of a series of lectures, the first of which will be delivered by Singapore’s Deputy Prime Minister, Mr. Tharman Shanmugaratnam. He gave a speech at Vigyan Bhavan in New Delhi on the topic “India in the Global Economy.” The Prime Minister discussed the motivation behind the lecture series, stating that his ambition for India is rapid transformation rather than slow evolution.

On August 31, 2017, NITI Aayog released a State Information Handbook that compiles vital statistics from several sectors for each Indian state and union territory. While state data on critical indicators are now dispersed across multiple sources, this handbook serves as a one-stop shop for vital state information.

Initiatives – NITI Full Form

The NITI Aayog has taken the lead on Blockchain applications in e-governance, coining the term “IndiaChain” to describe the technology stack. Niti Aayog’s ambitious ambition to establish a statewide blockchain network is known as IndiaChain. Artificial intelligence, machine learning, IoT, blockchain, and big data can propel India forward.

― Prime Minister Narendra Modi, speaking at the World Economic Forum in Davos, Switzerland, in 2016.

The goal is to connect IndiaChain to IndiaStack, the digital infrastructure that underpins the Aadhar project. The NITI Aayog’s blockchain program will aid farmers by enforcing contracts more quickly, preventing fraudulent transactions, and ensuring that subsidies are distributed efficiently. This project is the first step toward a bigger record-keeping and public-goods distribution system.

Due to the statewide lockdown, the NITI Aayog is building a job site to connect employers with workers who have returned to their home states.

Other initiatives include – NITI Full Form.

The Student Entrepreneurship Programme (SEP) 1.0, which began in 2019, and the SEP 2.0, which started in 2020, aim to turn Atal Tinkering Lab (ATL) students’ grassroots inventions into finished goods. The SEP 2.0 program began in 2020 and allowed ATL students to engage with Dell volunteers and receive mentorship, end-user input, production help, and market launch support for their ideas. The program will be launched and managed by the “Atal Innovation Mission” (AIM), which is part of the NITI Aayog, in collaboration with Dell Technologies.

FAQ

Q1. Why was NITI Aayog created?

To “give a key directional and strategic contribution to the development process,” NITI Aayog was established. It will serve as a “think tank” and provide policy advice to the Center and the States.

Q2. Who is the CEO of Niti at the moment?

The Chief Executive Officer of NITI Aayog is Mr. Parameswaran Iyer. He is a 1981 batch member of the Uttar Pradesh Cadre of the Indian Administrative Service. Mr. Iyer has had a distinguished career spanning four decades and has held several positions with the government and the World Bank.

Q3. What was NITI Aayog’s last name?

A Cabinet resolution was issued on January 1, 2015, to abolish the Planning Commission and replace it with the recently established NITI Aayog (National Institution for Transforming India). On January 1, 2015, the Union Government of India announced the creation of the NITI Aayog.

Other Full Forms of NITI

Full FormCategory
National Institution For Transforming IndiaDepartments & Agencies
National Indian Telecommunications InstituteRegional Organizations
Nickel TitaniumChemistry
National Institution for Transforming IndiaIndian Government

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