Knowing NITI Aayog for entrepreneurs

I am currently attending a course titled ‘Doing business with government’. Does the title of the course not sound cool enough to attend, especially in India? I am enjoying the course. Yesterday’s session was on NITI Aayog. The speaker was one who had recently retired from the planning commission. Hence expectations were high.

He started by bringing out the differences between the planning commission and the NITI Aayog. Fundamental differences of why the change was brought about, is it just a name change, and so many other questions were clarified during the short interaction. I thought of sharing a little from that session in today’s blog. After attending the session, I agree with the speaker that we Indians need to know more about the government and its functioning. Once we expose ourselves to the information that is shared by the government, we will be able to see opportunities. We may (probably) also stop complaining that we do not have enough information in India to make any fact based decisions.

What does NITI stand for?

National Institution for Transforming India (NITI)

NITI Aayog is a national level think-tank that replaces the ‘Planning Commission’. Is it just ‘old wine in a new bottle’? Does not seem like. While the planning commission thought for India as a whole, the whole activity was centralised. This means the assessing of resources nationally was done centrally. This activity will be continued by the NITI Aayog as well. The Planning Commission also did the tough job of allocating resources to both central and state level programs. Now this created a large power centre in the planning commission. It had the power to allocate – but this seems to have been stripped off the new think-tank, the NITI Aayog. With this, the NITI Aayog becomes a purely advisory body, a think-tank. There is now greater decentralisation of the planning mechanism with larger representation of states.

We were given to understand that the primary change between the Planning Commission and the NITI Aayog is the reduction of power to allocate resources. Other differences include: While the Planning Commission was more ‘top-down’ in its approach to planning and allocation, the NITI Aayog has been structured to be more ‘bottom-up’ in its planning, without any allocation powers. The powers to allocate is said to rest now with the Finance Ministry.

One of the big take aways from this course (i’m still mid way through the course) is that any Government is a different type of complex organisation with conflicting priorities which requires a tough balancing act. This makes governance very difficult, especially in a country as large and diverse as India. But as citizens of the country it is our responsibility, not to just vote every 5 years, but make an effort to visit the website of the government, read the various documents placed for public viewing and share thoughts. While doing this we may come across number of schemes, plans, programs and projects that the Government has approved for socio-economic development. We may also find opportunities to participate in the various development projects of the Government.

Doing Business with the Government is a wonderful course for entrepreneurs – I only hope that aspiring entrepreneurs realise this and make the maximum use of the interactions. For those who want to know more about the NITI Aayog, you may please read these links:

http://planningcommission.nic.in

http://en.wikipedia.org/wiki/NITI_Aayog

Though the NITI Aayog is yet to have its own website, I am sure it will come up soon. I hope that the intent of the institution is implemented and India realises her true potential. Look forward to learning more about working with government and public sector institutions through this course.

If any of you have any questions and inputs on this topic, please do share! India is today the land of opportunities and the government promises to offer a few of them. Let us see if we can participate and play our part as entrepreneurs.

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4 thoughts on “Knowing NITI Aayog for entrepreneurs

  1. Sir, whats your take on “NITI Ayog” ?? Will it really beneficial for the overall development of our nation?

    1. Just as many other institutions created in India, NITI Aayog also shows promise and hope. Lets see how it actually delivers! Would prefer not to predict the future, but do all it takes to create it.

      1. Probably it may be other institution the way MSM projecting it. But my public interaction with S. Gurumurthyji, he explained it that it is the first time any institution started to solve the problems of Indian context with the Indian mindset not keeping foreign mindset and foreign context.

      2. Absolutely agree with what Mr Gurumurthy-ji says. The institution is showing all the right signs and sending all the right signals. Only time will tell if it will be good. But I am optimistic! Thanks for sharing one more inputs.

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