NITI Aayog stands for National Institution for Transforming Indi Aayog. It is nothing but a government policy which will replace the Planning commission in India. Prime Minister Narendra Modi will himself serve as the ex-officio chairman for Aayog. The main aim of the Aayog is to make the state governments involve more in the making of economic policies.
Only when the individual states are healthy, we can expect the country to be healthy. So, it is definitely a good idea to give some control to the states and involve them in policy-making. Further, NITI Aayog will make it mandatory to supervise the performance of the scheme regularly. And if we are not performing well, we would need to change our ways. Read on to know more about this policy.
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Major Differences between the Planning Commission and the NITI Aayog
The decades old Planning Commission was replaced by NITI Aayog. So, we can expect the latter to bring major changes in the policies. Few major Differences are as below.
- While the Planning Commission had 8 members, PM found it more than required. This is why, Aayog would have less members.
- Earlier, in the Planning Commission, members had to follow usual procedures to become a secretary. But in the new Aayog, Prime Minister will directly appoint the CEO and other members.
- Planning commission had the power to allocate funds to various state governments as they required. But NITI Aayog would take proper thought process to decide. And only after deciding properly, they would present their suggestions. Finance ministry will hold the power to allocate funds.
- In Planning Commission, all that the state government had to do was to participate in annual interactions at meetings. They could reach National Development Council at the maximum. But with the NITI Aayog, things are going to change. They would enjoy more powers and better involvement.
- There were no part time members in the Planning Commission. Either they were into it or out of it for the entire duration. But the NITI Aayog has the advantage of part time members as well. When the need is there, it will appoint members.
Advantages of NITI Aayog
As per Narendra Modi, NITI Aayog will have many advantages. It will complete the pending jobs which Planning Commission could not do. Major advantages of the Aayog are as below.
- Members are really enthusiastic. There has been a fundamental level change and the new members are actively participating.
- The NITI Aayog is flexible. This means that we can go for a goal of shorter time period and make periodic checks to monitor the progress. This was not possible in Planning Commission as it had a fixed 5-year time period.
- The control is decentralised. States will make the decisions, or at least support in decision making. And we know that this would cater more to the needs of the people.
Though NITI Aayog will bring major changes in the country, we cannot expect the development to begin immediately. It would take some time for the things to settle down. We need to have patience to witness the real growth.