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Who is the President of the ‘National Institution of Transforming India’?
A. President of India
B. Prime Minister
C. Finance Minister
D. Minister of Human Resource Development

Answer
VerifiedVerified
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Hint: The NITI Aayog is a strategy think tank of the Government of India, reputable with the goal to attain maintainable growth objectives with accommodating federalism. It does so by nurturing the participation of State Governments of India in the financial policy-making procedure using a bottom-up method.

Complete answer:
May 29, 2014, Independent Evaluation Office acquiesced to a valuation account to Prime Minister Narendra Modi with the commendation to substitute the Planning Commission with a "control commission." On August 13, 2014, the Union Cabinet ditched the Planning Commission, to be substituted with a thinned form of the National Advisory Council (NAC) of India. On January 1, 2015, a Cabinet settlement was affirmed to substitute the Planning Commission with the as of late planned NITI Aayog (National Institution for Transforming India). Union Government of India proclaimed the establishment of NITI Aayog on January 1, 2015. The primary conference of NITI Aayog was overseen by Narendra Modi on February 8, 2015. Finance Minister Arun Jaitley made the subsequent remark on the requirement of making NITI Aayog, "The 65-year-old Planning Commission had become a superfluous establishment. It was pertinent in a command economy edifice, but not any longer. India is a differentiated nation and its states are in numerous stages of economic growth along with their own potencies and dimness. In this setting, a ‘one size fits all’ method to economic planning is superseded. It cannot make India viable in today's worldwide economy." It is an improvement arrangement of the day-to-day existence of the people of India.

Thus, option (B) is correct.

Note: The Student Entrepreneurship Programme (SEP) was started in 2019 while the SEP started in 2020 intended to change the grassroots inventions of Atal Tinkering Lab (ATL) students into end inventions. The SEP 2.0 which was started in 2020 offered the chance to the students of ATL to labor with Dell helpers and to get counselor provision, end-user criticism, industrial provision, and presentation provision of their goods in the marketplace. The arrangement would be started and run by "Atal Innovation Mission" (AIM) under NITI Aayog in connotation with Dell technologies.