National Institution for Transforming India, also known as NITI Aayog, was formed via a resolution of the Union Cabinet on 1 January 2015. It is the premier policy think tank of the Government of India, providing directional and policy inputs. Apart from designing strategic and long-term policies and programmes for the Government of India, NITI Aayog also provides relevant technical advice to the Centre, States, and Union Territories.
The Governing Council of NITI Aayog is chaired by the Hon'ble Prime Minister and comprises Chief Ministers of all the States and Union Territories with legislatures and Lt Governors of other Union Territories. The Governing Council was reconstituted vide a notification dated 19 February 2021 by the Cabinet Secretariat.
The Government of India constituted NITI Aayog to replace the Planning Commission, which had been instituted in 1950. This step was taken to better serve the needs and aspirations of the people. An important evolutionary change, NITI Aayog acts as the quintessential platform of the Government of India to bring the States to act together in national interest, and thereby fosters cooperative federalism.
Present Composition of NITI Aayog
Shri Narendra Modi, Hon'ble Prime Minister
Shri Rajnath 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, and Minister of Panchayati Raj
Shri Nitin Gadkari, Minister of Road Transport and Highways and Minister of Micro, Small and Medium Enterprises
Shri Thawar 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