Goodbye Planning, Welcome NITI
Published By: Institute of South Asian Studies | Published Date: January, 07 , 2015From 1 January 2015, the ‘YojanaBhavan’ on the busy Parliament Street (Sansad Marg) in Central Delhi sports a new name: NITI Aayog (Commission). This follows the official notification of the Government of India replacing the Planning Commission housed in the YojanaBhavan by the NITI Aayog, or the National Institution for Transformation of India (NITI) Aayog. The new institution is expected to spearhead economic policy thinking in India by ensuring such policies are evolved in line with India’s national strategic interests. For long, the YojanaBhavan has been looked up to as the hallowed premise nurturing inputs that shape India’s five-year plans and the direction they impart to the Indian economy. It will continue to retain its appeal and be viewed as the hub of India’s economic policy-making. There will be one major difference though. It would no more be synonymous with planning.
Author(s): Amitendu Palit | Posted on: Jan 23, 2016 | Views() | Download (175)