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ECONOMIC PLANNING IN INDIA & NITI AAYOG

What is the primary objective of economic planning in India?
Economic planning in India aims to achieve rapid and balanced economic development by mobilising resources efficiently and reducing regional and income inequalities.
When was the Planning Commission of India established?
Planning Commission was established on 15 March 1950.
Which body replaced the Planning Commission of India and when?
NITI Aayog (National Institution for Transforming India) replaced the Planning Commission on 1 January 2015.
Which Five Year Plan was the first to target poverty alleviation explicitly?
Fifth Five Year Plan (1974–79) targeted poverty alleviation explicitly.
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