Question

'NITI Aayog' came into existence on:

• A. $1^{st}$ January, 2015
• B. $26^{th}$ January, 2015
• C. $15^{th}$ August, 2015
• D. $1^{st}$ November, 2015

Hint:

Remember that NITI Aayog replaced the Planning Commission on New Year's Day of the year 2015 ($1^{st}$ January, 2015). This makes it easy to associate with a fresh developmental beginning.

Answer 1

The Correct Option is A

Step 1: Dismantling of the Planning Commission:
For nearly 65 years, India's development path was guided by the Planning Commission, which relied heavily on centralized, top-down five-year plans. In his maiden Independence Day address in August 2014, Prime Minister Narendra Modi announced the government's intention to replace this body to reflect a more modern, decentralized economy.

Step 2: Launch of NITI Aayog:
The National Institution for Transforming India, widely known as NITI Aayog, was established via a Union Cabinet resolution. It was officially launched and came into dynamic existence on 1st January, 2015.

Step 3: Core Philosophy of NITI Aayog:
Unlike its predecessor, NITI Aayog is a policy think-tank of the Government of India. It operates under the philosophy of Cooperative Federalism, fostering a bottom-up policy approach by actively involving state governments in national policy design.