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NITI Aayog has replaced Planning Commission. Which of the following is NOT correct in this context?
It will incorporate interests of national security in economic strategy and policy.
It will not work towards fostering "co-operative federalism"
NITI Aayog has the mandate and power to allocate funds to states
Regional Councils will be formed to address specific issues.
2nd statement is incorrect because NITI Aayog will work towards fostering 'co-operative federalism'. In other words, NITI Aayog's creation is to foster involvement and participation in the economic policy-making process by the State Governments of India.The emphasis is on bottom-up approach and make the country to move towards cooperative federalism .
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