NITI Aayog

NITI Aayog

Government agency overview
Formed	1 January 2015; 10 years ago (2015-01-01)
Preceding Government agency	Planning Commission
Jurisdiction	Government of the Republic of India
Headquarters	New Delhi
Annual budget	₹339.65 crores currency (2018-19)[1] including Ministry of Planning
Government agency executives	Narendra Modi, Chairperson Suman Bery, Vice Chairperson B. V. R. Subrahmanyam, CEO
Parent Government agency	Ministry of Planning
Website	www.niti.gov.in

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 economic policy-making process using a bottom-up approach.^[2]

It was established in 2015, by the NDA government, to replace the Planning Commission which followed a top-down model. The NITI Aayog council comprises all the state Chief Ministers, along with the Chief Ministers of Delhi and Puducherry, Lieutenant Governors of all UTs, and a vice-chairman nominated by the Prime Minister. In addition, temporary members are selected from leading universities and research institutions. These members include a chief executive officer, four ex-officio members, and three part-time members.