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The correct answer is It offers a platform for resolution of inter-state conflicts as ‘provider of first and last resort’.
Planning Commission was replaced by a new institution – NITI AAYYOG (National Institution for Transforming India) on January 1, 2015.
It focuses upon the ‘Bottom-Up’ approach of Planning.
Administrative Skeltal:
- Amitabh Kant is the current CEO and Rajiv Kumar is the current Vice Chairman of the same.
- Chairperson: Prime Minister.
Objectives:
- To provide advice and encourage partnerships between key stakeholders and national and international like-minded Think Tanks, as well as educational and policy research institutions.
- To offer a platform for the resolution of inter-sectoral and inter-departmental issues to accelerate the implementation of the development agenda.
- To maintain a state-of-the-art Resource Centre, be a repository of research on good governance and best practices in sustainable and equitable development as well as help their dissemination to stake-holders.
- To develop mechanisms to formulate credible plans at the village level and aggregate these progressively at higher levels of government.
- To create a knowledge, innovation, and entrepreneurial support system through a collaborative community of national and international experts, practitioners, and other partners.
- To ensure, on areas that are specifically referred to it, that the interests of national security are incorporated in economic strategy and policy.