Is Planning Commission and NDC same?

The Council comprises the Prime Minister, the Union Cabinet Ministers, Chief Ministers of all States or their substitutes, representatives of the Union Territories and the members of the NITI Aayog (erstwhile Planning Commission). NDC (National Development Council) has been proposed to be abolished.

What is the difference between Planning Commission and Niti AYOG?

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 allocation of funds have not been given to the NITI Aayog. The powers are with the Finance Ministry.

What is National Planning Council?

It was set up on 6 August 1952 to strengthen and mobilize the effort and resources of the nation in support of the Five Year Plans made by Planning Commission, to promote common economic policies in all vital spheres, and to ensure the balanced and rapid development of all parts of the country.

What is the main function of National Planning Council?

The major objectives of NDC can be listed below: (1) To strengthen and mobilize the effort and resources of the nation in support of the Plan. (2) To promote common economic policies in all vital spheres. (3) To ensure the balanced and rapid development of all parts of the country.

What is erstwhile Planning Commission?

The Planning Commission was an institution in the Government of India, which formulated India’s Five-Year Plans, among other functions. In his first Independence Day speech in 2014, Prime Minister Narendra Modi announced his intention to dissolve the Planning Commission.

When did NITI Aayog replace Planning Commission?

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.

Who is national Planning Commission?

Planning Commission, agency of the government of India established in 1950 to oversee the country’s economic and social development, chiefly through the formulation of five-year plans.

What do you mean by Planning Commission?

Planning commissions are governmental bodies that make decisions about planning and development. Examples of planning commissions include: Bangladesh Planning Commission, financial and public policy development institution of the Government of Bangladesh.

What is the role of Planning Commission?

The Planning Commission consults the Central Ministries and the State Governments while formulating Five Year Plans and Annual Plans and also oversees their implementation. The Commission also functions as an advisory body at the apex level.

What is the meaning of Planning Commission?

What is the nature of Planning Commission?

The Planning Commission is a non-constitutional and non-statutory body and is responsible to formulate five years plan for social and economic development in India. The composition of the Planning Commission has been mentioned below: (1) Prime Minister is the ex-officio Chairman of the commission.

Who are the members of Planning Commission?