Monday, 5 January 2015

General Knowledge-Current Affairs-Economist Arvind Panagariya appointed Vice Chairman of NITI Aayog

Economist Arvind Panagariya appointed Vice Chairman of NITI Aayog
Economist Arvind Panagariya has been appointed as the Vice Chairman of National Institution for Transforming India, NITI Aayog. Another economist, Bibek Debroy and former Defence Secretary V K Saraswat have been appointed as full-time members. 

The appointments were made by Prime Minister Narendra Modi, who is Chairman of the Aayog. Union Ministers Rajnath Singh, Arun Jaitley, Suresh Prabhu and Radha Mohan Singh will be the ex-officio members. Union Ministers Nitin Gadkari, Thawar Chand Gehlot and Smriti Irani will be the special invitees in the body.


On 1st of January 2015, the government had replaced the nearly 64-year old Planning Commission with NITI. It will serve as the Think Tank of the Government. The NITI Aayog will provide the Centre and the States with relevant strategic and technical advice across key elements of policy.

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