Scrapping of Planning Commission

The Planning Commission of India was established in 1950 to formulate and implement five-year plans for the country's economic and social development. However, in 2014, the government of India announced that the Planning Commission would be scrapped and replaced with a new institution.

Reasons for Scrapping

The decision to scrap the Planning Commission was taken because of various reasons such as:

1. The Planning Commission was seen as an outdated institution that was no longer relevant to India's economic and social development needs.

2. The Commission was criticized for being too bureaucratic and slow in implementing policies and programs.

3. The Commission was accused of being out of touch with the needs of the people and lacking transparency.

Replacement with NITI Aayog

In place of the Planning Commission, the government of India established the National Institution for Transforming India (NITI Aayog) in 2015. The NITI Aayog is a policy think tank that provides strategic and technical advice to the government on key issues related to economic and social development.

Role of NITI Aayog

The NITI Aayog's role is to:

1. Provide a platform for cooperative federalism by involving states in the policy-making process.

2. Foster innovation and entrepreneurship to promote economic growth and job creation.

3. Focus on issues such as poverty alleviation, health, education, and environment.

4. Develop long-term plans and strategies for sustainable development.

5. Monitor and evaluate the implementation of government programs and policies.

In conclusion, the scrapping of the Planning Commission and its replacement with the NITI Aayog reflects the government's commitment to modernizing India's economic and social development institutions and processes.