Vijay Kelkar pitch for NITI Aayog 2.0

To make the Niti Aayog 2.0 more effective, Kelkar said it must be part of the ‘High Table’ of decision-making of the government.

Published: 28th January 2019 08:05 AM  |   Last Updated: 28th January 2019 08:05 AM   |  A+A-

Vijay Kelkar (Photo: File / PTI)

By Express News Service

NEW DELHI: Amid growing criticism of the NITI Aayog for not living up to the think-tank’s mandate after the Planning Commission was phased out, former Finance Commission chairman Vijay Kelkar suggested revisiting its character, arguing it should be given financial powers to address regional imbalances.

In a recent paper, ‘Towards India’s new fiscal federalism’, Kelkar said the abolition of the Planning Commission hurt the government’s policy reach. Yet, he did not seek the plan panel’s revival. Instead, he suggested creating of a new NITI Aayog that has financial powers to allocate resources to states.
Kelkar is currently chairman of the National Institute of Public Finance and Policy.

To make the Niti Aayog 2.0 more effective, he said it must be part of the ‘High Table’ of decision-making of the government. “This means the vice-chairman of the new Niti Aayog will need to be a permanent invitee of the Cabinet Committee on Economic Affairs (CCEA). Thus, the new Niti Aayog will make available to the highest level of policy making,” the paper said.

According to Kelkar’s calculation, the NITI Aayog 2.0 would annually need resources of around 1.5 to 2 per cent of the GDP to provide suitable grants to the states to mitigate development imbalances.

When NITI Aayog was first formed in 2015, it was tasked with preparing roadmaps for transformation of the country. Later, it was asked to take forward the idea of cooperative federalism, for which it reached out to state governments to resolve issues that were stuck at various Central ministries. But the initiative died after the exit of the first NITI vice chairman Arvind Panagaria. 
 

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp