Niti Aayog, officially known as the National Institution for Transforming India, is a policy think tank and advisory body of the Government of India. Its functions include:
- Policy Formulation: Niti Aayog plays a central role in formulating long-term policies and strategies for the economic and social development of India. It provides inputs and recommendations to the government on various policy matters.
- Monitoring and Evaluation: The organization monitors the implementation of government programs and policies, assessing their effectiveness and impact. It aims to ensure that policies are aligned with development goals and are achieving their intended outcomes.
- Research and Analysis: Niti Aayog conducts research and analysis on a wide range of issues, including economic growth, social development, and sustainability. This research informs policy decisions and helps in identifying emerging challenges and opportunities.
- Promotion of Cooperative Federalism: Niti Aayog promotes cooperative federalism by fostering collaboration and coordination between the central government and state governments. It facilitates the sharing of best practices and resources among states.
- Special Initiatives: Niti Aayog takes up special initiatives and programs to address specific development challenges, such as the "Aspirational Districts Program" aimed at improving the socio-economic indicators in underdeveloped districts.
- International Engagement: It engages with international organizations and governments to exchange knowledge and best practices, facilitating global partnerships for India's development.
In essence, Niti Aayog serves as a key advisory and policy implementation body that plays a vital role in shaping India's development agenda and fostering inclusive growth and sustainable development across the country.
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