Important National Institution


NITI Aayog

National Institution for Transforming India
Established - 1 January 2015
Headquarter – New Delhi
Chairman – Prime Minister
Vice Chairman – Rajiv Kumar
Chief Executive Officer – Amitabh Kant
Objective - Making Economic Policy for sustainable Growth


IRDAI

Insurance Regulatory and Development Authority of India
Established – 1999 (IRDAI Act – 1999)
Headquarters - Hyderabad, Telangana.
Chairman – Subhash Chandra Khuntia
Objective – To regulate and develop Insurance sector


SEBI

Securities and Exchange Board of India
Established – 1988 (SEBI Act – 1992)
Headquarter – Mumbai
Chairman – Ajay Tyagi
Objective – To regulate capital market


TRAI

Telecom Regulatory Authority of India
Established – 1997 (TRAI Act – 1997)
Headquarter – New Delhi.
Chairman - R S Sharma
Objective – To regulate telecom Sector


PFRDA

Pension Fund Regulatory and Development Authority
Established – 2003 (PFRDA Act – 2013)
Headquarter – New Delhi.
Chairman - Hemant G Contractor
Objective – To regulate and development pension sector


LIC

Life Insurance Corporation of India
Established – 1956 (LIC Act – 1956)
Headquarter – Mumbai
Chairman - Shri V K Sharma

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