Q.

Who is the Chairman of the Planning Commission?

A. President of India
B. Finance Minister
C. Prime Minister
D. Minister for Planning
Answer» C. Prime Minister
Explanation: After India gained independence, a formal model of planning was adopted, and accordingly the Planning Commission, reporting directly to the Prime Minister of India was established on 15 March 1950. Prime Minister of India is the Chairman of this body which is neither constitutional nor statutory. Note: NITI Aayog or the National Institution for Transforming India is a Government of India policy thinktank established by the Narendra Modi government to replace the Planning Commission which followed the top-down model. Emphasis is on bottom-up approach and makes the country to move towards cooperative federalism. The Prime Minister serves as the Ex-officio chairman of MITI AAYOG. Chief Executive Officer: Amitabh Kant. Vice Chairperson : Arvind Panagariya.
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