The question asks us to identify which institution was renamed as "Niti Aayog". As part of the preparation for government exams, it is crucial to know about the restructured bodies and their functions in India.
The correct answer is the "Planning Commission of India". Let's delve into the reasoning and some background details:
Background: The Planning Commission of India was established in 1950, post-independence, to create a planned economic development of the country. It was responsible for formulating five-year plans, among other functions. However, over time, the need for a body with a more contemporary approach became apparent.
Consequently, on January 1, 2015, the Planning Commission was replaced by the Niti Aayog. Here's a step-by-step explanation for the transition:
Conclusion: Hence, the institution that was renamed as Niti Aayog is the "Planning Commission of India", not the "Government Policy Commission" which was given as the original correct answer by mistake. Understanding such transformations is crucial for exams related to Indian governance and policy-making.
The institution that was renamed as "Niti Aayog" is actually the "Planning Commission of India", not the "Government Policy Commission".
The Planning Commission was established in 1950 for the assessment and allocation of resources for the better implementation of India’s five-year plans but was replaced by Niti Aayog in 2015. Niti Aayog or the National Institution for Transforming India focuses on fostering cooperative federalism through structured support initiatives and mechanisms with the states and facilitating government policy strategies.