Which of the following is/are correct with respect to NITI Aayog? 1. NITI Aayog’s Regional councils are chaired by the Home Minister. 2. Full-time members of NITI Aayog enjoy the rank of a Minister of State. 3. The NITI Aayog’s creation has two hubs called “Team India Hub” and “Knowledge and Innovation Hub”. Choose the correct option given below:

Which of the following is/are correct with respect to NITI Aayog? 1. NITI Aayog’s Regional councils are chaired by the Home Minister. 2. Full-time members of NITI Aayog enjoy the rank of a Minister of State. 3. The NITI Aayog’s creation has two hubs called “Team India Hub” and “Knowledge and Innovation Hub”. Choose the correct option given below: Correct Answer 2 and 3 only

The correct answer is 2 and 3 only.

Key Points

  • Planning Commission was replaced by a new institution NITI AAYYOG on January 1, 2015, with emphasis on the ‘Bottom –Up’ approach to envisage the vision of Maximum Governance, Minimum Government, echoing the spirit of cooperative federalism.
  • NITI stands for “National Institution for Transforming India”.
  • The NITI Aayog will comprise the following -
    • Prime Minister of India is the Chairperson
    • Governing Council consists of the Chief Ministers of all the States and Lt. Governors of Union Territories in India.
    • Regional Councils will be created to address particular issues and possibilities affecting more than one state.
      • These will be formed for a fixed term. It will be summoned by the Prime Minister.
      • It will consist of the Chief Ministers of States and Lt. Governors of Union Territories.
      • These will be chaired by the Chairperson of the NITI Aayog or his nominee. Hence statement 1 is not correct.
  • NITI Aayog's full-time members had the rank of Minister of State. Hence, statement 2 is correct.
  • NITI Aayog’s creation has two hubs called “Team India Hub” and “Knowledge and Innovation Hub”. Hence, statement 3 is correct.
    • Team India - It leads to the participation of Indian states with the central government.
    • The Knowledge and Innovation Hub - It builds the institution’s think tank capabilities.

Additional Information

  • Composition of NITI Ayog-
    • Chairman - Narendra Modi
    • Vice-Chairman - Dr. Suman Bery
    • CEO - Parameswaran Iyer

Related Questions

In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested course of action logically follow (s) for pursuing. Statement: Commerce and industry minister Suresh Prabhu will next week review sector-specific strategies to increase India’s exports 20% this year amid an uncertain global trade environment and credit availability. The ministry has identified nine sectors, including gems & jewellery, leather, textiles, agriculture and pharmaceuticals, to drive India’s exports to $400 billion in the next five years. These sectors accounted for $242 billion or 80% of the country’s total exports of $302 billion in 2017-18. Courses of action: I. The minister will review the action plans on October 1. This is in continuation of the series of meetings that he has had with export promotion councils and secretaries of line ministries concerned. II. Besides export promotion councils, the minister will separately meet officials of other departments concerned.  III. Exporters have raised concerns over the slack flow of credit to exporters, high goods and services tax on gold and strict pollution norms for chemicals, besides currency fluctuations, citing these factors as hindrances to export growth. Prabhu recently wrote to finance minister Arun Jaitley, requesting his intervention to improve bank credit flow to the export sector.