NITI Aayog
How a plan was formed before NITI Aayog (which replaced Planning Commission ) ? First step was to prepare an approach paper. After it is ready it used to go to National Development Council. After it is approved by NDC, Planning commission used to make Draft Plan. The plan was placed in the parliament and when parliament passed it, the plan used to become effective. How a plan is formed now Abandoning the ancient concept of five-year plans that India has been following since 1951, the National Institution for Transforming India (NITI) Aayog has decided to come up with a 15-year vision document in tandem with global trends and economic growth. The long-term vision document will formulate various ways through which India can achieve its broader social objectives to meet the UNDP’s 2030 sustainable goals and will be a roadmap on transformation required in the planning system to sync it with the 14th Finance Commission recommendations. NITI AAYOG- National Institution for Tra