NDA framed NITI Aayog to replace 5-year plans with 15 year vision document

NDA Government led by Prime Minister decided to liberate of the Nehruvian five year plans and replace the plans with 15 year vision credentials.

Focus:

• Country’s social goals
• Sustainable development agenda

Vision document:

• The current 12th Five-Year Plan will be concluded in the current financial year, 2016-17
• The first 15-year vision document will start from 2017-18, along with a seven-year National Development Agenda
• Schemes, Programmes and Strategies have been framed to achieve the long-term vision
• The mid-term appraisal of the 12th Plan was due after the completion of two-and-a- half years
• For the first Development Agenda, the review would be done in 2019-20, in line with the termination year of the 14th Finance Commission
• The National Development Agenda will deal with issues related to internal security, defence and external affairs
• The Planning Commission of India deal with issues related to defence and internal security
• NITI Aayog to undertake outcome -based monitoring of all government programmes and ministries on a yearly basis

About Planning Commission:

• Established in 1951
• Founder and first Chairman: First Prime Minister Jawaharlal Nehru
• First Minister of Planning: Gulzarilal Nanda
• Draft outline of a plan of development for the period of five years, starting from April 1951.