What is NITI Aayog and Planning Commission - CSEET NITI represents National Institution for Transforming India . It was set up with the means to accomplish reasonable improvement objectives with agreeable federalism by empowering the association of State Governments of India in the monetary strategy-making process utilizing a base-up approach. To know the need of NITI Aayog , we need to think about its antecedent. Economic and Business Environment - NITI AAYOG - CSEET Planning Commission – Precursor The P lanning Commission was set up in March 1950 by a Government of India Head administrator as Chairperson. To set up overwhelming businesses through open venture for accomplishing quick industrialization. Its capacities were to evaluate and apportion plan assets, define plans and programs for territory development, determine execution procedure, recognize asset constraints, and assess and alter usage. The Planning Commission from 1950 to 2014 formulated twel
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