Planning Commission is replaced by NITI Ayog - Budget & Economic Survey
Q. Planning Commission has been replaced by- Published on 04 Aug 15a. SETU
b. National Development and Reform Commission (NDRC)
c. National Institution for Transforming India Aayog
d. Control Commission
ANSWER: National Institution for Transforming India Aayog
NITI Aayog or National Institution for Transforming India Aayog - policy think-tank of Government of India that replaces Planning Commission and aims to involve the states in economic policy-making in India. It’s adopting bottom-up approach rather than traditional top-down approach as in planning commission. The Prime Minister heads the Aayog as its chairperson. While the Planning Commission had no representation for State and Union territories, the NITI Aayog has.