NITI Aayog

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• The Union government has appointed senior economist Dr Arvind Virmani as a full-time member of the NITI Aayog.
  • He served as the Chief Economic Advisor in the Union Ministry of Finance from 2007-09.
  • He was a member of the Reserve Bank of India’s Technical Advisory Committee on Monetary Policy from February 2013 to August 2016.
  • In 2009, Virmani was appointed the Executive Director of the International Monetary Fund (IMF), and he served there till 2012.
  • He served as Principal Advisor, Planning Commission.

NITI Aayog

• Planning Commission Inspired by the USSR/Soviet Model, Prime Minister established a Planning Commission in 1950 to design the five-year Plans for India.
  • In 2015, it was replaced by a new organization named National Institution for Transforming India (NITI)
• Promote Cooperative Federalism
  • Governing Council of NITI Aayog has Lieutenant Governors of Union Territories and State Chief Ministers.
  • NITI Aayog Constituted a Committee of State Chief Ministers to examine important issues.
• Promote Competitive Federalism
  • NITI Aayog has Prepared online dashboards to rank the States on various indicators of development Such as;
    • Sustainable Development Goals (SDG) India Index.
    • Health Index.
    • School Education Quality Index.
    • Digital Transformation Index.
  • Launched Aspirational District Programs for monitoring the progress of backward districts.
• NITI Aayog has not been given the mandate or Powers to impose Policies on States.
  • NITI Aayog is a think tank or an advisory body.
• The Powers for the allocation of funds have not been given to the NITI Aayog. The Powers are with the Finance Ministry.
• As a ‘think-tank’, Niti Aayog has helped the government In framing various Policies on;
  • Clean energy
  • Methanol based economy
  • Infrastructure, human development etc.
  • The model acts on agricultural land leasing, livestock Selling etc.
• NITI Aayog regularly organizes Seminars, Workshops, and Conferences.
• NITI initiated Atal Innovation Mission (AIM) to help Startups. NITI is developing the National Program on Artificial Intelligence.
• NITI’s approach is modernised, forward-looking, and less bureaucratic; NITI Aayog plays an important role as a think tank for Economic growth, Human development and Good governance in India.

https://indianexpress.com/article/explained/who-is-arvind-virmani-appointed-full-time-member-of-niti-aayog-8271730/

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