The Planning Commission looks after crucial

Planning Commission:
Established in 1950 by Prime Minister Jawaharlal Nehru.
Its primary role was to formulate, implement, and regulate Five-Year Plans for India’s economic development.
It functioned as a centralized body for resource allocation and planning.
Why the Change?
By the early 21st century, critics argued that the Planning Commission had become outdated, overly centralized, and less effective in addressing India’s diverse needs.
The government wanted a body that emphasized cooperative federalism, giving states more say in development strategies.
NITI Aayog Formation:
On 1 January 2015, the Planning Commission was officially replaced by NITI Aayog.
NITI Aayog acts as a policy think tank, focusing on:
Long-term strategies for growth.
Promoting innovation and technology.
Encouraging state participation in planning.
Monitoring and evaluating government programs.
Key Difference:
Unlike the Planning Commission, NITI Aayog does not formulate Five-Year Plans.
Instead, it provides strategic and technical advice to the central and state governments.
In short: The Planning Commission was replaced by NITI Aayog in 2015, marking a shift from centralized economic planning to a more flexible, cooperative, and policy-driven approach.