It is still not very clear on how the funds will be allocated to the States. Earlier Planning Commission used to devise five year plans and allocated funds as per Gadgil-Mukherjee formula. Only time will tell whether NITI Aayog will be able to revolutionize India or will it be the same as PC with a different name

Just after assuming post, the Prime Minister announced disbanding of Planning Commission and announced the inception of National Institution for Transforming India (NITI) Aayog. It is a policy think tank consisting of experts who will give advice to Central/State governments on strategic issues.It will ensure that their is better Inter-Ministry…Read More