ECONOMIC PLANNING IN INDIA & NITI AAYOG
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One-liners from this chapter
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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.
Who is the ex-officio Chairperson of NITI Aayog?
The Prime Minister of India serves as the ex-officio Chairperson of NITI Aayog.
What was the slogan of India's Sixth Five Year Plan?
Removal of poverty and attainment of self-reliance was its slogan.
What was the tenure of India's First Five Year Plan?
The First Five Year Plan covered the period from 1951 to 1956 and focused primarily on agricultural development and rehabilitation of refugees.
Which body acts as the think tank of the Government of India since 2015?
NITI Aayog acts as the think tank since January 2015.
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