NITI Aayog replaced the Planning Commission in 2015. - Vidyadip

Question

NITI Aayog replaced the Planning Commission in 2015.

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Answer

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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