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NITI Aayog, which stands for the National Institution for Transforming India, is a policy think tank and an advisory body of the Government of India. It was established on January 1, 2015, replacing the erstwhile Planning Commission, to better reflect the new economic and developmental priorities of the country. The primary purpose of NITI Aayog is to foster cooperative federalism through structured support initiatives and mechanisms with the states on a continuous basis, recognizing that India’s development is a shared responsibility between the Centre and the states. The history of NITI Aayog is closely linked to the transformation of India’s economic planning framework. The Planning Commission was created in 1950 and followed a centralized planning approach that _____ ______ ____ _______ ___ _______.
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