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The NITI Aayog (lit. ' Policy Commission '; abbreviation for National Institution for Transforming India) serves as the apex public policy think tank of the Government of the Republic of India, and the nodal agency tasked with catalyzing economic development, and fostering cooperative federalism and moving away from bargaining federalism through the involvement of State Governments of India in ...
The first meeting of NITI Aayog was chaired by Narendra Modi on 8 February 2015. NITI Aayog's mandate is to support the center and the states in transforming India by promoting cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottom-up approach. The Governing Council ...
The Planning Commission was an institution in the Government of India which formulated India's Five-Year Plans, among other functions.. In his first Independence Day speech in 2014, Prime Minister Narendra Modi announced his intention to dissolve the Planning Commission.
The Council comprises the Prime Minister, the Union Cabinet Ministers, Chief Ministers of all States or their substitutes, representatives of the Union Territories and the members of the NITI Aayog (erstwhile Planning Commission). NDC (National Development Council) has been proposed to be abolished.
The order of precedence of the Republic of India is a list in which the functionaries, dignitaries and officials are listed for ceremonial purposes and has no legal standing and does not reflect the Indian presidential line of succession or the co-equal status of the separation of powers under the Constitution of India.
Shri B. V. R. Subrahmanyam, ex. CEO of NITI Aayog is the ex-officio Member and Dr. Saurabh Garg is Secretary to the Commission. [1] The Chairperson of the Commission enjoys the status of a Minister of State and the Members of the Commission have the status equivalent to the Secretary to the Government of India.
The National Institute of Labour Economics Research and Development (NILERD) is an Indian autonomous institute under NITI Aayog and the Government of India. [1]It was established in 1962 as the Institute of Applied Manpower Research (IAMR) under the Societies Registration Act of 1860, to serve as a center for ideas and policy research on human capital development. [2]
As a federal nation, India suffers from both vertical and horizontal fiscal imbalances.Vertical imbalances between the central and state governments result from states incurring expenditures disproportionate to their sources of revenue, in the process of fulfilling their responsibilities.