Economics • Indian EconomyEasy
Which of the following bodies replaced the Planning Commission of India to foster cooperative federalism and act as a government think tank?
A. Finance Commission
B. National Development Council
C. NITI Aayog (National Institution for Transforming India)✓ Correct Answer
D. National Security Council
💡 Solution & Explanation
NITI Aayog was established in January 2015 to replace the erstwhile Planning Commission, shifting the governance paradigm toward cooperative federalism through active state participation. While the Finance Commission deals with tax devolution and the National Development Council was an older advisory body, NITI Aayog functions primarily as a premier governmental think tank. It promotes bottom-up economic planning and competitive federalism among Indian states.
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