State whether the following statement are true or false with reasons.

NITI Aayog replaced the Planning Commission in 2015.

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1 Answers

This statement is True. 

  • In the 1990s India adopted the New Economic Policy that focused on economic liberalisation. In this new setup, there was a need to change the approach to planning. 
  • In 2015 the Planning Commission was replaced by the NITI Aayog. India moved away from centralized planning to decentralized planning. The NITI Aayog proposes grassroots planning.
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