‘Visionary’ Indian govt is doing away with 5-year plan, to come up with 15-yr National Development Agenda

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‘Visionary’ Indian govt is doing away with 5-year plan, to come up with 15-yr National Development AgendaIndia’s five year plan model, which is being followed since Nehruvian times, is going to end very soon as the Centre is going to replace it with a 15-year ‘National Development Agenda’.
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Prime Minister Narendra Modi has cleared a blueprint to introduce the 15-year plan, which will for the first time include internal security and defence.

The NITI Aayog has been asked to formulate the development blueprint, keeping the millennium development goals and needs of India in mind.
The decades old five-year plan will be ending next year in 2017, the 12th five-year plan.

In the past, the five-year plan drew criticism over lack of long term vision.

Meanwhile, reportedly, as per the blueprint, there will be a shorter seven-year action plan.
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Finance Minister Arun Jaitley, in his Budget 2016, had announced that the government would do away with the Plan and Non-Plan distinction from the 2017-18.

As per reports, the erstwhile Planning Commission, the NITI Aayog, will create a dashboard for constant monitoring, evaluation and reviewing and also fix up outcome targets for all major schemes of infrastructure and social sectors.

(Image: Reuters)