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Difficulty: MediumEconomic Planning History, NITI Aayog, and Structural Reforms

Match the economic planning institutions and structural reform committees in List-I with their corresponding primary objectives or chairpersons in List-II:

  • National Development Council (NDC)Created in 1952 as the apex body to review and approve Five-Year Plans
  • NITI Aayog Governing CouncilComprises Chief Ministers of all States and Lt. Governors of UTs to foster cooperative federalism
  • Tax Reforms Committee (1991)Chaired by Raja J. Chelliah to recommend comprehensive tax policy restructuring
  • Disinvestment Commission (1996)Chaired by G.V. Ramakrishna to advise on non-strategic public sector enterprise equity sales

Answer

The National Development Council (NDC) pairs with the apex body for Five-Year Plan approval (1952); NITI Aayog Governing Council pairs with the body comprising State Chief Ministers and UT Lt. Governors; Tax Reforms Committee (1991) pairs with Dr. Raja J. Chelliah; and Disinvestment Commission (1996) pairs with G.V. Ramakrishna.
The correct pairings align each institutional body or committee with its defining mandate or leader: National Development Council approved Five-Year Plans starting in 1952; NITI Aayog Governing Council brings together State CMs and UT Lt. Governors; Tax Reforms Committee (1991) was led by Raja J. Chelliah; and Disinvestment Commission (1996) was led by G.V. Ramakrishna.

Step-by-Step Solution

1
Identify the mandate of historical planning institutional bodies prior to NITI Aayog.
The National Development Council (NDC), founded in 1952, served as the ultimate plan-approving body bringing together central and state leadership.
It anchored inter-governmental approval for five-year development frameworks.
2
Examine the structure of NITI Aayog's decision-making council.
The Governing Council directly involves Chief Ministers of all states and Union Territory administrators/Lt. Governors.
This structural change ensures continuous state participation under the principle of cooperative federalism.
3
Match the key post-1991 economic reform committees with their leaders.
Raja Chelliah headed the Tax Reforms Committee (1991), while G.V. Ramakrishna chaired the Disinvestment Commission (1996).
These committees laid the institutional groundwork for tax structure simplification and public enterprise restructuring after the 1991 LPG reforms.

Key Concept

Planning Institutions, NITI Aayog Framework, and Post-1991 Reform Committees
Estimated Time:1m 0s
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Topics

Economic Planning History, NITI Aayog, and Structural Reforms