<–2/”>a >The principal function of planning, especially in a federal system, is to evolve a shared vision of and commitment to the national objectives and development strategy not only in the government at all levels, but also among all other economic agents.
NITI Aayog acts as the quintessential platform of the Government of India to bring States to act together in national interest, and thereby fosters Cooperative Federalism.
At the core of NITI Aayog’s creation are two hubs – Team India Hub and the Knowledge and Innovation Hub. The Team India Hub leads the engagement of states with the Central government, while the Knowledge and Innovation Hub builds NITI’s think-tank capabilities. These hubs reflect the two key tasks of the Aayog.
NITI Aayog is also developing itself as a State of the Art Resource Centre, with the necessary Resources, knowledge and skills, that will enable it to act with speed, promote research and innovation, provide strategic policy vision for the government, and deal with contingent issues.
Planning Commission plays an integrative role in the development of a holistic approach to the policy formulation in critical areas of human and Economic Development. In the social sector, schemes which require coordination and synthesis like rural Health, drinking water, rural energy needs, Literacy and Environment protection have yet to be subjected to coordinated policy formulation. It has led to multiplicity of agencies. An integrated approach can lead to better results at much lower costs.
Planning Commission has the following functions :
- Make an assessment of the material, capital and human resources of the country, including technical personnel, and investigate the possibilities of augmenting such of these resources as are found to be deficient in relation to the nation’s requirement;
- Formulate a Plan for the most effective and balanced utilisation of country’s resources;
- On a determination of priorities, define the stages in which the Plan should be carried out and propose the allocation of resources for the due completion of each stage;
- Indicate the factors which are tending to retard economic development, and determine the conditions which, in view of the current social and political situation, should be established for the successful execution of the Plan;
- Determine the nature of the machinery which will be necessary for securing the successful implementation of each stage of the Plan in all its aspects;
- Appraise from time to time the progress achieved in the execution of each stage of the Plan and recommend the adjustments of policy and measures that such appraisal may show to be necessary; and
- Make such interim or ancillary recommendations as appear to it to be appropriate either for facilitating the discharge of the duties assigned to it, or on a consideration of prevailing economic conditions, current policies, measures and development programmes or on an examination of such specific problems as may be referred to it for advice by Central or State Governments.
The National Development Council comprises the Prime Minister, the Union Cabinet Ministers, Chief Ministers of all States or their substitutes, representatives of the Union Territories and the members of the NITI Aayog.
National Development Council is an extra-constitutional and non-statutory body.
It has been set up with three objectives:-
- to strengthen and mobilize the effort and resources of the nation in support of the Plan
- to promote common economic policies in all vital spheres and
- to ensure the balanced and rapid development of all parts of the country.
Functions
The functions of the Council are:-
- to prescribe guidelines for the formulation of the National Plan, including the assessment of resources for the Plan;
- to consider the National Plan as formulated by the Planning Commission;
- to consider important questions of social and economic policy affecting national development; and
- to review the working of the Plan from time to time and to recommend such measures as are necessary for achieving the aims and targets set out in the National Plan.
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The Planning Commission was a body of the Government of India that was responsible for formulating India’s Five-Year Plans. It was established in 1950 and abolished in 2014. The National Development Council was a body of the Government of India that was responsible for advising the Planning Commission. It was established in 1952 and abolished in 2014.
The Planning Commission was headed by the Prime Minister of India and had a number of members, including the Finance Minister, the Home Minister, and the Minister of Planning. The Commission was responsible for formulating India’s Five-Year Plans. The Five-Year Plans were a series of economic plans that were designed to promote economic development in India. The plans were based on the principle of central planning, which means that the government would control the economy and allocate resources.
The National Development Council was headed by the Prime Minister of India and had a number of members, including the Chief Ministers of the states and the Planning Commission. The Council was responsible for advising the Planning Commission. The Council would review the Commission’s plans and make recommendations for changes. The Council would also discuss the country’s economic development and make recommendations for policies.
The Planning Commission was abolished in 2014 by the Government of India. The Commission was replaced by the NITI Aayog. The NITI Aayog is a smaller body that is focused on economic development and social welfare. The NITI Aayog is made up of a group of experts who are appointed by the Prime Minister. The NITI Aayog is responsible for providing policy advice to the government.
The Planning Commission left a legacy of economic development and social welfare. The Commission’s plans helped to increase the country’s GDP and improve the standard of living of its people. The Commission also helped to develop India’s Infrastructure-2/”>INFRASTRUCTURE, including roads, railways, and power Plants. The National Development Council also left a legacy of economic development and social welfare. The Council’s recommendations helped to improve the country’s economic policies and make it more attractive to foreign investors. The Council also helped to promote economic cooperation between the states.
The Planning Commission and the National Development Council were important institutions in India’s economic development. The Commission’s plans helped to increase the country’s GDP and improve the standard of living of its people. The Council’s recommendations helped to improve the country’s economic policies and make it more attractive to foreign investors. The Council also helped to promote economic cooperation between the states.
What is the National Development Council?
The National Development Council (NDC) is a high-level advisory body to the Government of India. It was set up in 1950 to advise the government on planning and development matters. The NDC is chaired by the Prime Minister and includes the Chief Ministers of all states, the Finance Minister, and other senior ministers of the central government.
What are the functions of the National Development Council?
The functions of the NDC are to:
- Review the national plan and advise the government on its implementation.
- Coordinate the planning efforts of the central and state governments.
- Promote inter-state cooperation in economic development.
- Review the progress of economic development and suggest measures for its acceleration.
What are the achievements of the National Development Council?
The NDC has played a significant role in the planning and development of India. It has helped to formulate and implement national plans, coordinate the planning efforts of the central and state governments, and promote inter-state cooperation in economic development. The NDC has also played a role in the formulation of important economic policies, such as the New Economic Policy of 1991.
What are the challenges faced by the National Development Council?
The NDC faces a number of challenges, including:
- The increasing complexity of the Indian economy.
- The growing diversity of the Indian Population.
- The need to improve the coordination of planning efforts between the central and state governments.
- The need to ensure that the benefits of economic development are shared equitably by all sections of Society.
What are the future prospects of the National Development Council?
The NDC is likely to continue to play a significant role in the planning and development of India. However, it will need to adapt to the changing economic and social landscape of India. The NDC will also need to find ways to improve its coordination with other government bodies, such as the Planning Commission.
The following are MCQs on the topics of planning, development, and the economy:
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Which of the following is not a goal of economic planning?
(A) To increase the rate of economic Growth
(B) To reduce inequality
(C) To improve the standard of living
(D) To protect the environment -
Which of the following is not a type of economic planning?
(A) Central planning
(B) Market Socialism
(C) Mixed Economy
(D) Command economy -
Which of the following is not a characteristic of a command economy?
(A) The government owns all of the means of production
(B) The government controls all prices and wages
(C) The government plans all economic activity
(D) The government does not interfere in the economy -
Which of the following is not a characteristic of a market economy?
(A) Private individuals own the means of production
(B) Prices and wages are determined by supply and demand
(C) Economic activity is coordinated by the market
(D) The government does not interfere in the economy -
Which of the following is not a characteristic of a mixed economy?
(A) Private individuals own some of the means of production
(B) The government owns some of the means of production
(C) Prices and wages are determined by supply and demand
(D) Economic activity is coordinated by the market and the government -
Which of the following is not a benefit of economic planning?
(A) It can help to achieve economic growth
(B) It can help to reduce inequality
(C) It can help to improve the standard of living
(D) It can help to protect the environment -
Which of the following is not a cost of economic planning?
(A) It can lead to inefficiency
(B) It can lead to Corruption
(C) It can lead to a loss of individual freedom
(D) It can lead to a loss of economic flexibility -
Which of the following is not a benefit of a market economy?
(A) It can lead to economic growth
(B) It can lead to a more efficient allocation of resources
(C) It can lead to a greater variety of goods and Services
(D) It can lead to a more equitable distribution of income -
Which of the following is not a cost of a market economy?
(A) It can lead to inequality
(B) It can lead to environmental problems
(C) It can lead to economic instability
(D) It can lead to a loss of individual freedom -
Which of the following is not a benefit of a mixed economy?
(A) It can combine the benefits of both a market economy and a command economy
(B) It can help to achieve economic growth
(C) It can help to reduce inequality
(D) It can help to improve the standard of living -
Which of the following is not a cost of a mixed economy?
(A) It can be difficult to coordinate the activities of the government and the market
(B) It can lead to inefficiency
(C) It can lead to corruption
(D) It can lead to a loss of individual freedom -
Which of the following is not a goal of development?
(A) To increase the rate of economic growth
(B) To reduce POVERTY
(C) To improve the Quality Of Life
(D) To protect the environment -
Which of the following is not a type of development?
(A) Economic development
(B) Social development
(C) Political development
(D) Environmental development -
Which of the following is not a characteristic of economic development?
(A) An increase in the per capita income
(B) A decrease in the rate of poverty
(C) An increase in the level of Education
(D) An increase in the level of health care -
Which of the following is not a characteristic of social development?
(A) An increase in the level of education
(B) An increase in the level of health care
(C) An increase in the level of EMPLOYMENT
(D) An increase in the level of income inequality -
Which of the following is not a characteristic of political development?
(A) An increase in the level of Democracy
(B) An increase in the level of Human Rights
(C) An increase in the level of corruption
(D) An increase in the level of economic freedom -
Which of the following is not a characteristic of environmental development?
(A) A decrease in the level of pollution
(B) A decrease in the rate of deforestation
(C) A decrease in the rate of Climate