Economics • Indian EconomyEasy
Which organization replaced the Planning Commission of India in January 2015 as the apex public policy think tank of the Government of India?
A. National Development Council
B. NITI Aayog (National Institution for Transforming India)✓ Correct Answer
C. Finance Commission of India
D. Economic Advisory Council to the Prime Minister
💡 Solution & Explanation
NITI Aayog was established on January 1, 2015, via a Union Cabinet resolution, replacing the erstwhile Planning Commission to promote bottom-up planning and cooperative federalism. Other bodies like the Finance Commission are constitutional entities under Article 280, whereas NITI Aayog is a non-constitutional, extra-constitutional executive body. It acts as the principal government think tank providing both directional and policy inputs.
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