Question

Who among the following is the ex-officio chairman of the NITI Aayog in India?
1. President
2. Prime Minister
3. Vice President
4. Finance Minister

Answer 1

Correct Answer - Option 2 : Prime Minister

The correct answer is Prime Minister.

• Prime Minister is the ex-officio chairman of the NITI Aayog in India.
• NITI Aayog is an executive body, that was established by the government in 2015. through an executive resolution.
• The newly created body replaced the erstwhile planning body- Planning Commission of India.
• The term NITI stands for National Institution for Transforming India.
• NITI Aayog is a think tank that advises the government in policy formulation, unlike the PC which was empowered to allocate distribute funds for the planning.
• NITI Aayog's main focus areas are cooperative & competitive federalism, decentralised planning, scenario planning, capacity building etc.
• Full-Time Organisational Framework:
  • Chairman: Prime Minister
  • Vice Chairperson: Appointed by the Prime Minister.
  • Chief Executive Officer (CEO).
  • Full-Time members
  • Part-time members: maximum 2
  • Ex-officio members: maximum 4
• Structure:
  • Chairman: The Prime Minister.
  • Governing Council: comprising of chief ministers and Lt. Governors.
  • Regional Council
  • Special Invitees: Experts and practitioners as appointed by the Prime Minister.