Planning Commission

Five Year Plans and Planning Commission (India)

The Five Year Plan was the method adopted for the planned development of India. During the initial stages of formation of the country, it was decided to follow the principle of planned economy to have a successful economic journey.  What were the objectives of the five year plans? The objective of five year plans was

NITI Aayog- The National Institution for Transforming India

What is NITI Aayog or The National Institution for Transforming India?  NITI Aayog or The National Institution for Transforming India is a Government of India establishment. It was formed vide a resolution of the Union cabinet on 1 January 2015. NITI Aayog was founded to substitute the planning commission established in in1950.  The establishment is