Planning Commission

History of Planning in India

December 11, 2015

First of all the idea of planned economy was crystallized in 1930s when our national leaders came under the influence of socialist philosophy. India’s Five year plans were very much impressed by the rapid strides achieved by the USSR through five years plans. In 1934, Sir M....

Difference between Niti Ayog and Planning Commission

June 23, 2015

Planning Commission was an advisory body, and so is Niti Ayog. But the key difference between them is that while the former had powers to allocate funds to ministries and states; this function will be now of finance ministry. Niti Ayog is essentially a think tank and...

The Rise and Fall of Planning Commission

June 10, 2015

On 15 August 2014, India’s Prime Minister Narendra Modi declared to replace the Planning Commission by a new body. On January 1, 2015, the government by a resolution established the NITI Aayog or National Institution for Transforming India. This body would work as a policy think-tank of...

Niti Aayog: less government, more governance?

January 13, 2015

Government of India has finally gone ahead with its approach of less government, more governance.  The new body is slated to give strategic and technical advice. It will be headed by the PM assisted by a Governing Council of Chief Ministers and Lt. Governors. It is set...

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