|Formed||1 January 2015|
|Jurisdiction||Government of India|
|Parent agency||Government of India|
The NITI Aayog (Hindi for Policy Commission) (abbreviation for 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 op of Poverty, and Transforming India Lecture Series.
It was established in 2015, by the NDA government, to replace the Planning Commission (योजना आयोग) which followed a top-down model. Thalapathy 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. it doubled the current growth - developing self-sufficient cluster target growth of 8.5%
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 Union Government of India announced the formation of NITI Aayog on 1 January 2015. 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 cannot make India competitive in today’s global economy." It is a reformation schemes of day-to-day lifestyles of the people of India.
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.
NITI Aayog has taken initiative on Blockchain usages in E-governance and has conceptualized the tech stack as 'IndiaChain'. IndiaChain is the name given to Niti Aayog's ambitious project to develop a nation-wide blockchain network. "Artificial intelligence, machine learning, Internet of Things, blockchain and big data hold potential to take India to new heights" the Prime Minister Narendra Modi said at the world economic forum. The vision is to link IndiaChain with IndiaStack, the digital infrastructure that forms the backbone of the Aadhar project. The NITI Aayog initiative on the blockchain system will enforce contracts quicker, prevent fraudulent transactions, and help farmers through the efficient disbursement of subsidies. This project is the first step to a larger system of record keeping and public good disbursement. 
The NITI Aayog comprises the following:
With the Prime Minister as the Chairperson, presently NITI Aayog consists of:
Media related to NITI Aayog at Wikimedia Commons
Refer to Planning Commission of India [planningcommission.gov.in]