NITI Aayog - Wikipedia NITI Aayog Agency overview Formed 1 January 2015 ; 3 years ago ( 2015 - 01 - 01 ) Preceding Planning Commission Jurisdiction Government of India Headquarters New Delhi Agency executives Narendra Modi, Chairman Rajiv Kumar, Vice Chairman Bibek Debroy, Member V.K. Saraswat, Member Ramesh Chand, Member Vinod Paul, Member Amitabh Kant, CEO Dinesh Arora, Director Parent agency Government Of India Website www.niti.gov.in The NITI Aayog ( Hindi for Policy Commission ), also National Institution for Transforming India, is a policy think tank of the Government of India, established with the aim to achieve Sustainable Development Goals and to enhance cooperative federalism by fostering the involvement of State Governments of India in the economic policy - making process using a bottom - up approach. Its initiatives include `` 15 year road map '', `` 7 - year vision, strategy and action plan '', AMRUT, Digital India, Atal Innovation Mission, Medical Education Reform, Agriculture reforms ( Model Land Leasing Law, Reforms of the Agricultural Produce Marketing Committee Act, Agricultural Marketing and Farmer Friendly Reforms Index for ranking states ), Indices Measuring States ' Performance in Health, Education and Water Management, Sub-Group of Chief Ministers on Rationalization of Centrally Sponsored Schemes, Sub-Group of Chief Ministers on Swachh Bharat Abhiyan, Sub-Group of Chief Ministers on Skill Development, Task Forces on Agriculture and Elimination of Poverty, and Transforming India Lecture Series. It was established in 2015, by the NDA government, to replace the Planning Commission which followed a top - down model. The Prime Minister is the Ex-officio chairman. The permanent members of the governing council are all the state Chief Ministers, along with the Chief Ministers of Delhi and Puducherry, the Lieutenant Governor of Andaman and Nicobar, 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-official members and two part - time members. Contents 1 History 2 Functions 3 NITI Lectures 4 Members 5 References 6 External links History Main article : Planning Commission ( India ) The Union Government of India announced the formation of NITI Aayog on 1 January 2015, and the first meeting was held on 8 February 2015. On 29 May 2014, the Independent Evaluation Office submitted an assessment report to Prime Minister Narendra Modi with the recommendation to replace the Planning Commission with a `` control commission. '' On 13 August 2014, the Union Cabinet scrapped the Planning Commission, to be replaced with a diluted version of the National Advisory Council ( NAC ) of India. On 1 January 2015 a Cabinet resolution was passed to replace the Planning Commission with the newly formed NITI Aayog ( National Institution for Transforming India ). The first meeting of NITI Aayog was chaired by Narendra Modi on 8 February 2015. Finance Minister Arun Jaitley made the following observation on the necessity of creating NITI Aayog, `` The 65 year - old Planning Commission had become a redundant organisation. It was relevant in a command economy structure, but not any longer. India is a diversified country and its states are in various phases of economic development along with their own strengths and weaknesses. In this context, a ' one size fits all ' approach to economic planning is obsolete. It can not make India competitive in today 's global economy. '' Functions To evolve a shared vision of national development priorities sectors and strategies with the active involvement of States in the light of national objectives. To foster cooperative federalism through structured support initiatives and mechanisms with the States on a continuous basis, recognizing that strong States make a strong nation. To develop mechanisms to formulate credible plans at the village level and aggregate these progressively at higher levels of government. To ensure, on areas that are specifically referred to it, that the interests of national security are incorporated in economic strategy and policy. To pay special attention to the sections of our society that may be at risk of not benefiting adequately from economic progress. To design strategic and long term policy and programme frameworks and initiatives, and monitor their progress and their efficacy. The lessons learnt through monitoring and feedback will be used for making innovative improvements, including necessary mid-course corrections. To provide advice and encourage partnerships between key stakeholders and national and international like - minded Think tanks, as well as educational and policy research institutions. To create a knowledge, innovation and entrepreneurial support system through a collaborative community of national and international experts, practitioners and other partners. To offer a platform for resolution of inter-sectoral and inter departmental issues in order to accelerate the implementation of the development agenda. To maintain a state - of - the - art Resource Centre, be a repository of research on good governance and best practices in sustainable and equitable development as well as help their dissemination to stake - holders. To actively monitor and evaluate the implementation of programmes and initiatives, including the identification of the needed resources so as to strengthen the probability of success and scope of delivery. To focus on technology upgradation and capacity building for implementation of programmes and initiatives. To undertake other activities as may be necessary in order to further the execution of the national development agenda, and the objectives mentioned above... NITI Lectures NITI Aayog has started a new initiative on the advice of Prime Minister Narendra Modi called NITI Lectures : Transforming India. The aim of this initiative is to invite globally reputed policy makers, experts, administrators to India to share their knowledge, expertise, experience in policy making and good governance with Indian counterparts. This initiative will be a series of lectures started with first lecture delivered by Deputy Prime Minister of Singapore Mr. Tharman Shanmugaratnam. He delivered lecture on subject called `` India and the Global Economy '' at Vigyan Bhavan, New Delhi. The Prime Minister spoke about the idea behind this lecture series and stated that his vision for India is rapid transformation, not gradual evolution. On 31 August 2017, NITI Aayog developed a State Statistics Handbook that consolidates key statistics across sectors for every Indian State / UT. While the State data on crucial indicators is currently fragmented across different sources, this handbook provides a one - stop database of important State statistics. Members The NITI Aayog comprises the following : The Prime Minister as the Chairperson. A Governing Council composed of Chief Ministers of all the States and Union territories with Legislatures and lieutenant governors of Union Territories ( except Delhi and Pondicherry ) Regional Councils composed of Chief Ministers of States and Lt. Governors of Union Territories in the region to address specific issues and contingencies impacting more than one state or a region. Full - time organizational framework composed of a Vice-Chairperson, five full - time members, two part - time members ( from leading universities, research organizations and other relevant institutions in an ex-officio capacity ), four ex-officio members of the Union Council of Ministers, a Chief Executive Officer ( with the rank of Secretary to the Government of India ) who looks after administration, and a secretariat. Experts and specialists in various fields. With the Prime Minister as the Chairperson, the committee consists of Vice Chairperson : Rajiv Kumar Ex-Officio Members : Rajnath Singh, Arun Jaitley, Suresh Prabhu and Radha Mohan Singh Special Invitees : Nitin Gadkari, Prakash Javadekar and Thawar Chand Gehlot Full - time Members : Bibek Debroy ( Economist ), V.K. Saraswat ( former DRDO Chief ), Ramesh Chand ( Agriculture Expert ) and Dr. Vinod Paul ( Public Health expert ) Chief Executive Officer ( CEO ) : Amitabh Kant Governing Council : All Chief Ministers of States ( and Delhi and Puducherry ) and Lieutenant Governors of remaining Union Territories. Core Committee : Dr. Somdutta Singh References Jump up ^ `` NITI Ayog update June 2017. '' ), ( http://pib.nic.in/ NIC news, June 2017. Jump up ^ `` We will use every provision in the Constitution to push reforms ''. www.openthemagazine.com. Jump up ^ `` Prime Minister Narendra Modi inaugurates ' NITI Lectures : Transforming India ' ''. Jump up ^ `` Niti Lectures ''. Jump up ^ Jatinder, Kaur. `` NITI Aayog Releases State Statistics Handbook '' ( Online ). ABC Live. Retrieved 1 September 2017. Jump up ^ `` Archived copy '' ( PDF ). Archived from the original ( PDF ) on 16 July 2015. Retrieved 16 July 2015. Jump up ^ `` Niti Aayog vice-chairman Arvind Panagariya in RBI Governor race '', Deccan Chronicle, 20 June 2016 Jump up ^ `` Scrap railway budget : Niti Aayog panel '', The Times of India, 22 June 2016 Jump up ^ `` Agriculture expert Ramesh Chand appointed as Niti Aayog member Business Standard News ''. Business-standard.com. 2016 - 06 - 18. Jump up ^ `` From Planning Commission To Niti Aayog : Life comes a full circle for Dr Vinod Paul ''. The Indian Express. 2017 - 08 - 06. Retrieved 2017 - 08 - 28. Jump up ^ `` Niti Aayog extends deadline for research labs by a month '', The Economic Times, 15 June 2016 Jump up ^ `` Somdutta Singh ''. Wikipedia. 2018 - 03 - 13. 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Question: who is the ceo of niti ayog 2018
Answer: Amitabh Kant