Modi Government has taken an important decision to replace the 65 year old ‘Planning Commission’ by ‘National Institution for Transforming India’– NITI Aayog.
NITI Aayog
This marks a major shift in policy-making of the government. The NITI Aayog will be headed by PM Narendra Modi and will also comprise Chief Ministers of all state and Lt Governors of Union Territories.
Due to the inclusion of CMs into the NITI Aayog the National Development Council, which was the body of CMs that used to approve 5-year plan, has now become defunct.
What was Planning Commission?
What is NDC?
- To strengthen and mobilize the effort and resources of the nation in support of the Plan
- To promote common economic policies in all vital spheres
- To ensure the balanced and rapid development of all parts of the country
- the Prime Minister
- the Union Cabinet Ministers
- Chief Ministers of all States or their substitutes
- Representatives of the Union Territories
- the members of the Planning Commission
