In­dia to bid adieu to five-year plans

Down to Earth - - THE FORTNIGHT -

AF­TER SCRAP­PING the Plan­ning Com­mis­sion, the Naren­dra Modi govern­ment is now ready­ing to say good­bye to five-year plans of the coun­try. Ac­cord­ing to the com­mis­sion's suc­ces­sor, the Niti Ayog, the govern­ment would con­sider all plan doc­u­ments ir­re­spec­tive of pe­ri­od­ic­ity. The govern­ment will soon di­rect the Ayog for the prepa­ra­tion of the doc­u­ments. The five-year plan was a cen­tralised and in­te­grated na­tional eco­nomic pro­gramme adopted soon af­ter In­de­pen­dence and was based on the Soviet model. Cur­rently, the coun­try is in the 12th plan pe­riod 2012-2017. www.down­toearth.org.in

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