Government of India recently announced constitution of NITI Aayog as a policy think-tank replacing Planning Commission. NITI stands for
- National Institution for Transforming India
- It is not an acronym, but only a Sanskrit word for Policy
- National Initiative for Technological India
- New Initiative for Transforming India
NITI Aayog or National Institution for Transforming India Aayog is a policy think-tank of Government of India that replaced Planning Commission. It aims to involve the states in economic policy-making in India. The Prime Minister heads the Aayog as its chairperson.
Correct option is A.