What are the similarities between Planning Commission and Niti Aayog?
Similarities of Niti Aayog and planning commission Niti Aayog, like the Planning Commission, is a non-constitutional body that is not accountable to parliament. Both of these boards develop long-term plans that span 5-7 years.
Why is Niti Aayog called think tank?
NITI Aayog as a Thinktank It can only recommend long-term, policy changes but cannot influence or see their progress on the ground. NITI Aayog is supposed to be a think tank. This implies that while generating new ideas, it maintains a respectable intellectual distance from the government of the day.
When did Niti Aayog replace the Planning Commission who established 3 it and with what purpose?
On 1 January 2015, a Cabinet resolution was passed to replace the Planning Commission with the newly formed NITI Aayog (National Institution for Transforming India). Union Government of India announced the formation of NITI Aayog on 1 January 2015.
What replaced the Planning Commission of India?
In his first Independence Day speech in 2014, Prime Minister Narendra Modi announced his intention to dissolve the Planning Commission. It has since been replaced by a new institution named NITI Aayog.
What is the main difference between NITI Aayog and Planning Commission?
NITI Aayog is basically a think-tank or an advisory body. The Planning Commission had the power to impose policies on States and for the projects approved by the Planning Commission. The powers for the allocation of funds have not been given to the NITI Aayog. The powers are with the Finance Ministry.
Why was the Planning Commission replaced by NITI Aayog?
Planning Commission was replaced by a new institution – NITI Aayog on January 1, 2015 with emphasis on ‘Bottom –Up’ approach to envisage the vision of Maximum Governance, Minimum Government, echoing the spirit of ‘Cooperative Federalism’.
What are the 7 pillars of NITI Aayog?
The seven pillars of the NITI Aayog include Pro-activity, Pro-people, Participation, Empowering, Inclusion of all, Equality, and Transparency.
What are the two pillars of NITI Aayog?
The NITI Aayog’s creation has two hubs called “Team India Hub” and “Knowledge and Innovation Hub”. Team India: It leads to the participation of Indian states with the central government. The Knowledge and Innovation Hub: it builds the institution’s think tank capabilities.
Who is known as the father of Indian planning?
Sir Mokshagundam Visvesvaraya is known as the Father of Indian Economic Planning.
When was Planning Commission name changed to NITI Aayog?
The Planning Commission has been replaced with the NITI Aayog or National Institution for Transforming India in 2014.