Identify the Indian Prime Minister who scrapped the Five-Year Plan system and dismissed the Planning Commission.

Correct option is A

In 2015, under Prime Minister Narendra Modi, the Indian government replaced the Planning Commission with the NITI Aayog (National Institution for Transforming India). This marked the end of the Five-Year Plan system, which had been in place since 1951.

Information Booster:

1. The Planning Commission was established in 1950 by Jawaharlal Nehru.
2. The Five-Year Plans focused on industrialization, poverty alleviation, and economic growth.
3. The NITI Aayog promotes cooperative federalism and focuses on long-term strategic planning.
4. The final 12th Five-Year Plan (2012–2017) ended with the Planning Commission's dissolution.
5. NITI Aayog includes a Governing Council comprising the PM and state CMs.
6. NITI Aayog's initiatives include Digital India and Sustainable Development Goals (SDGs).

Additional Knowledge:

• PV Narasimha Rao: Architect of India’s economic liberalization in the 1990s.
• Dr. Manmohan Singh: Oversaw landmark economic reforms as Finance Minister and PM.
• Atal Bihari Vajpayee: Introduced major infrastructure projects like the Golden Quadrilateral.