The National Institution for Transforming India, also called NITI Aayog, was formed via a resolution of the Union Cabinet on January 1, 2015. NITI Aayog is the premier policy ‘Think Tank’ of the Government of India, providing both directional and policy inputs. While designing strategic and long term policies and programmes for the Government of India, NITI Aayog also provides relevant technical advice to the Centre and States.
The Governing Council of NITI, with The Prime Minister as its Chairman, comprises Chief Ministers of all States and Lt. Governors of Union Territories (UTs).
The Government of India, in keeping with its reform agenda, constituted the NITI Aayog to replace the Planning Commission instituted in 1950. This was done in order to better serve the needs and aspirations of the people of India. An important evolutionary change from the past, NITI Aayog acts as the quintessential platform of the Government of India to bring States to act together in national interest, and thereby fosters Cooperative Federalism.
On 7 June 2018, the Prime Minister approved the reconstitution of NITI Aayog to include Ex-officio members and special invitees.
PRESENT COMPOSITION OF NITI AAYOG:
Shri Narendra Modi, Hon'ble Prime Minister
Shri Raj Nath Singh, Minister of Defence
Shri Amit Shah, Minister of Home Affairs
Smt. Nirmala Sitharaman, Minister of Finance and Minister of Corporate Affairs
Shri Narendra Singh Tomar, Minister of Agriculture and Farmers Welfare;Minister of Rural Development; Minister of Panchayati Raj.
Shri Nitin Jairam Gadkari, Minister of Road Transport and Highways; Minister of Micro, Small and Medium Enterprises
ShriThaawar Chand Gehlot, Minister of Social Justice and Empowerment.
Shri Piyush Goyal, Minister of Railways; and Minister of Commerce and Industry
Shri Rao Inderjit Singh, Minister of State (Independent Charge) of the Ministry of Statistics and Programme Implementation and Minister of State(Independent Charge) of Ministry of Planning.