NITI Aayog Budget Allocation Increased by More than 20%

According to the Minister of State (IC) for Planning Shri Rao Inderjit Singh, allocations for the Ministry of Planning, which is embodied by the NITI Aayog, have increased by more than 20% over last year i.e. to Rs 339.65 crore in 2018-19 from Rs 279.79 crore in 2017-18.

Further, the budget envisages a defined role for NITI Aayog in critical areas of artificial intelligence and agriculture policy, apart from reiterating a shared vision for national development in line with NITI Aayog’s Three Year Action Agenda, the Seven Year Strategy and the 15 Year Vision Document.

Static/Current Takeaways Important for Syndicate Bank PO 2018 Exam-

  • NITI- National Institution for Transforming India.
  • NITI Aayog Vice-Chairman- Rajiv Kumar, CEO- Amitabh Kant.
Source- Press Information Bureau (PIB)