Consider the statements regarding NITI aayog:

1. is a Government of India policy think-tank established to replace the Planning Commission.
2. Aim for NITI Aayog’s creation is to foster involvement and participation in the economic policy-making process by the State Governments of India.
3. It has adopted a “bottom-up” approach in planning which is a remarkable contrast to the Planning Commission’s tradition of “top-down” decision-making.
4. President of India as its Chairperson

Select the correct statement using the codes given below:

a) 1 and 2 onlyb) 1 and 3 onlyc) 1 2 and 3 onlyd) 1 2 3 and 4

Answer c

Explanation

The National Institution for Transforming India Aayog is a Government of India policy think-tank established to replace the Planning Commission.

The stated aim for NITI Aayog’s creation is to foster involvement and participation in the economic policy-making process by the State Governments of India. It has adopted a “bottom-up” approach in planning which is a remarkable contrast to the Planning Commission’s tradition of “top-down” decision-making. One of the important mandates of NITI Aayog is to bring cooperative competitive federalism and to improve centre state relation . This is well reflected when Indian Prime Minister appointed three sub-groups of chief ministers for making recommendations in three important areas (centrally sponsored schemes, skill development and Swachh Bharat ). NITI Aayog will provide opportunities, that the previous Planning Commission structure lacked, to represent the economic interests of the State Governments and Union Territories of India.

The Prime Minister is Ex-Officio Chairperson for NITI Aayog.