Current Affairs - Miscellaneous - Discussion

Discussion Forum : Miscellaneous - Latest Current Affairs (Q.No. 4550)
4550.
What is the name of the new autonomous body that has been recommended by NITI Aayog's 'Strategy for New India @75'?
Arbitration Court of India
Arbitration Committee of India
Arbitration Council of India
Arbitration Panel of India
Answer: Option
Explanation:
The NITI Aayog unveiled its comprehensive national Strategy for New India dubbed as 'Strategy for New India @75', defining clear objectives for 2022-23. The document aims for establishing a New India by 2022 and to propel India towards a USD 5 trillion economy by 2030. It has set up a new autonomous body, viz., the Arbitration Council of India to make the arbitration process cost effective and speedy, and to pre-empt the need for court intervention.
Discussion:
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