- Planning Commission was abolished, and NITI Aayog was established in January 2015.
- Planning Commission:
- Advisory body with powers to allocate funds.
- Top-down decision-making.
- Limited role for states.
- NITI Aayog:
- Premier policy think tank, providing directional and policy inputs.
- Does not allocate funds (function now with Finance Ministry).
- Fosters cooperative federalism, bringing states to act together.
- Has Chief Ministers of states and UT administrators in Governing Council.
- Adopted a bottom-up approach in planning.
- Focuses on strategic and long-term policy frameworks.