NITI Ayog
Introduction: The National Institution for Transforming India (NITI) Aayog was established on 01 January 2015 and replaced the Planning Commission of India , which was abolished after 65 years of its functioning. Prime Minister Narendra Modi chaired a crucial meeting of NITI Aayog’s Governing Council on 23 April 2017 . The meeting was attended by chief ministers of all the states, whom the PM addressed as ‘The Team India’. The vice-chairman of NITI Aayog, Arvind Panagariya presented the 15-year Vision Document , comprising the seven-year strategy document and the three-year action plan (2017-18 to 2019-20). In order to give stability to the funding estimates of both the Centre and states, the three-year action plan will be aligned with the 14th Finance Commission award period. Since its establishment, there have been two earlier meetings of the Governing Council of NITI Aayog, which were held on 08 February 2015 and 15 July 2015. About Planning Commission 1.
