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

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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:15 year plan

  • 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.