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Zorluk: OrtaEconomic Planning History, NITI Aayog, and Structural Reforms

With reference to the planning framework adopted following the abolition of Five-Year Plans in India, consider the following statements:

1. The 3-Year Action Agenda was designed to align with the award period of the Fourteenth Finance Commission.
2. NITI Aayog possesses statutory authority to allocate central financial grants to states based on the evaluation of Action Agendas.
3. The Governing Council of NITI Aayog excludes State Chief Ministers, functioning solely through union cabinet ministers.

Which of the statements given above is/are correct?

  1. 1 onlyCevap
  2. B
    1 and 2 only
  3. C
    2 and 3 only
  4. D
    1, 2 and 3

Cevap

1 only
The statement identifying '1 only' is correct. The 3-Year Action Agenda (2017–18 to 2019–20) was framed specifically to align with the timeline of the Fourteenth Finance Commission. NITI Aayog holds no power to allocate central funds to states, and its Governing Council actively includes all State Chief Ministers to uphold cooperative federalism.

Adım Adım Çözüm

1
Evaluate Statement 1 regarding the 3-Year Action Agenda period.
Statement 1 is correct. NITI Aayog replaced Five-Year Plans with a 15-Year Vision, 7-Year Strategy, and 3-Year Action Agenda. The first 3-Year Action Agenda covered 2017-18 to 2019-20 to align with the 14th Finance Commission recommendations.
Synchronization with Finance Commission cycles ensures predictable budgetary support for plan expenditures.
2
Evaluate Statement 2 regarding NITI Aayog's financial powers.
Statement 2 is incorrect. Unlike the erstwhile Planning Commission, NITI Aayog does not distribute or allocate monetary grants to state governments.
Financial allocations are handled directly by the Ministry of Finance based on Finance Commission recommendations.
3
Evaluate Statement 3 regarding NITI Aayog's Governing Council structure.
Statement 3 is incorrect. The Governing Council is chaired by the Prime Minister and comprises Chief Ministers of all States and Lt. Governors of Union Territories.
This structure is designed to promote cooperative federalism, ensuring state participation in national policy formulation.

Anahtar Kavram

NITI Aayog Framework vs Planning Commission Architecture
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Konular

Economic Planning History, NITI Aayog, and Structural Reforms