NITI Aayog provides strategic and technical advice to Central and State Governments on key policy issues. It also promotes innovation, entrepreneurship, electric vehicles and direct benefit transfer schemes. The NITI Aayog (lit. 'Policy Commission'; abbreviation for National Institution for Transforming India) serves as the apex public policy think tank of the Government of the Republic of India, and the nodal agency tasked with catalyzing economic development, and fostering cooperative federalism and moving away from bargaining federalism through the involvement of State Governments of India in the economic policy-making process using a bottom-up approach. [2] It was established in 2015, by the ... NITI Aayog is the premier policy think tank of the Government of India, established on January 1, 2015. Check more NITI Aayog , Composition, Objectives. NITI Aayog is a national institution that provides strategic and technical advice to the government on key elements of policy, fosters collaborative federalism with the states, and monitors the implementation of the development agenda. Learn about its vision, objectives, role, and activities from the official website of the Prime Minister of India.