- The National Institution for Transforming India, also called NITI Aayog, was formed via a resolution of the Union Cabinet on January 1, 2015.
- Dr Rajiv Kumar has recently appointed as the Vice Chairman of NITI Aayog. Kumar replaced Arvind Panagariya.
- The Government of India, in keeping with its reform agenda, constituted the NITI Aayog to replace the Planning Commission instituted in 1950.
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