NITI AAYOG

On 29 May 2014, the Independent Evaluation Office submitted an assessment report

to Prime Minister Narendra Modi with the recommendation to replace the Planning
Commission with a "control commission." On 13 August 2014, the Union Cabinet
scrapped the Planning Commission, to be replaced with a simplified version of
the National Advisory Council (NAC) of India. On 1 January 2015 a Cabinet
resolution was passed to replace the Planning Commission with the newly formed
NITI Aayog (National Institution for Transforming India). The Union Government of
India announced the formation of NITI Aayog on 1 January 2015. The first meeting
of NITI Aayog was chaired by Narendra Modi on 8 February 2015.
“The 65 year-old Planning Commission had become a redundant organisation. It was
relevant in a command economy structure, but not any longer. India is a diversified
country and its states are in various phases of economic development along with their
own strengths and weaknesses. keeping this in mind, a ‘one size fits all’ approach will
not be suitable for this economic planning and it may not make India competitive in
today’s global economy. Some kind of reformation is to done for the future
betterment of INDIA.
Functions
1. To create a knowledge, innovation and entrepreneurial support system through
a collaborative community of national and international experts, practitioners
and other partners.
2. To pay special attention to the sections of our society that may be at risk of not
benefiting adequately from economic progress.
3. To maintain a state-of-the-art Resource Centre, be a repository of research on
good governance and best practices in sustainable and equitable development
as well as help their dissemination to stake-holders.
4. To focus on technology upgradation and capacity building for implementation
of programmes and initiatives.
Make in India
Make in India was launched on 25 September 2014 with the objective of job creation
and skill enhancement in 25 sectors of the economy, and "to transform India into a
global design and manufacturing hub". The paradigm 'meant not just rapid growth of
manufacturing, but rather to provide for a lead role manufacturing assumes in India's
growth process'
Ease of Doing Business
India jumped to 77th place out of 190 countries in the world Banks' 2018 Ease of
Doing Business Index. India jumped to 100th place out of 190 countries in the World
Bank's 2017 Ease of Doing Business Index, from 130th in 2016. In February 2017,
the government appointed the United Nations Development Programme (UNDP) and
the National Productivity Council "to sensitise actual users and get their feedback on
various reform measures".As a result, now there is competition among the states of
India to improve their current ranking on the ease of doing business index based on
the completion percentage scores on 98-point action plan for business reform under
make in India initiative.
Currently Andhra Pradesh, Telangana, Haryana, Odisha, Chhattisgarh and West
Bengal (44.35%) are top six states (c. Feb 2018).
Ongoing global campaign
The campaign was designed by Wieden and Kennedy, with the launch of a web portal
and release of brochures on the 25 sectors, after foreign equity caps, norms and
procedures in various sectors were relaxed, including application of manufacturing
application made available online and the validity of licenses was increased to three
years.
"Zero Defect Zero Effect" slogan was coined by Prime Minister of India, Narendra
Modi, as essence of the Make in India initiative that manages advanced processes,
materials and technologies to guide the production mechanism that produces products
with no defects with no adverse environmental and ecological effects.
"Make in India Week" multi-sectoral industrial event at the MMRDA from 13
February 2016 was attended by 2500+ international and 8000+ domestic, foreign
government delegations from 68 countries and business teams from 72 countries and
17 Indian states also held expos. Event received over ₹15.2 lakh
crore (US$210 billion) worth of investment commitments and investment inquiries
worth ₹1.5 lakh crore (US$21 billion), where Maharashtra led with ₹8 lakh
crore (US$110 billion) of investments. Previously between September 2014 and
November 2015, the government received ₹1.20 lakh crore (US$17 billion) worth of
proposals from companies interested in manufacturing electronics in India,