NITI Aayog (National Institution for Transforming India) functions as a Think Tank, emphasizing collaboration with state governments to achieve India's growth objectives.
Reduce government participation in industrial and service sectors: NITI Aayog promotes privatization and works to ease the regulatory environment, as seen in initiatives like Ease of Doing Business. This aligns with the broader goal of liberalized, less centralized governance, replacing the previous top-down planning approach.
Advance the agricultural sector through mixed agricultural production: This is one of the key objectives of NITI Aayog. The Aayog emphasizes reforms in the agricultural sector and increasing productivity.
Utilize the services of Non-Resident Indians (NRIs) for economic and technological growth: Formulating strategies to leverage the knowledge and expertise of NRIs (Diaspora) for the country's growth is part of NITI Aayog's vision.
Enable the country to face global changes and market forces: NITI Aayog plays a crucial role in policy formulation and providing strategic foresight to prepare the country for global challenges.