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Which Organisation has replaced Planning Commission write the main reason for this replacement?

Which Organisation has replaced Planning Commission write the main reason for this replacement?

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.

When was the National Development Council NDC set up as an adjunct to the planning commission?

6th August 1952
Detailed Solution. The correct answer is National Development Council. National Development Council (NDC) is the apex body that gives approval to five-year plans in India. It was established on 6th August 1952.

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In which year was National Development Council set up?

1952
National Development Council was set up in the year 1952.

Why was Planning Commission scrapped?

In 2014, Narendra Modi government decided to wind down the Planning Commission. It was replaced by the newly formed NITI Aayog to better represent the present needs and aspirations of people of India.

Why was NITI Aayog Planning Commission replaced?

The Government of India constituted NITI Aayog to replace the Planning Commission, which had been instituted in 1950. This step was taken to better serve the needs and aspirations of the people.

Has National Development Council been abolished?

NDC (National Development Council) has been proposed to be abolished. But till date no resolution has been passed to abolish it. Since the inception of NITI Aayog’s Governing Council (which has almost the same composition and roles as NDC), the NDC has had no work assigned to it nor did it have any meetings.

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Who is not the member of National Development Council?

Who of the following is not the member of the National Development Council? Explanation: The Governor of the State is not the member of the National Development Council. 9.

When was Planning Commission was scrapped?

Planning Commission

Agency overview
Formed 15 March 1950
Dissolved 13 Aug 2014
Superseding agency NITI Aayog
Headquarters Yojana Bhavan, New Delhi

What is the difference between NITI Aayog and the 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 allocation of funds have not been given to the NITI Aayog. The powers are with the Finance Ministry.