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Economic Planning In India And Niti Aayog
Which body replaced the Planning Commission of India and when was it established?
NITI Aayog (National Institution for Transforming India) replaced the Planning Commission on 1st January 2015.
In which year was India's Planning Commission formally established?
The Planning Commission was established in 1950.
What was the primary function of the Planning Commission of India?
The Planning Commission was responsible for formulating Five-Year Plans, allocating resources among states and sectors, and overseeing plan implementation.
Which Five-Year Plan introduced the Mahalanobis two-sector model of growth?
The Second Five-Year Plan (1956–61) was based on the Mahalanobis model.
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