He said the Centre's proposal to replace Planning Commission with a new body is "half baked, unwarranted and ignores the need of planned development" of the country.
"It was unfortunate on the part of the central government to unilaterally do away with the Planning Commission that came into being in 1950, which had been playing a pivotal role in the development of the country," Chandy said at a meeting convened by Prime Minister Narendra Modi with Chief Ministers to discuss the structure of the new body which would replace the Planning Commission.
"The proposed move to distribute the planning functions amongst the Ministry of Finance and subject matter ministries will result in loss of perspective and of long-term view," the senior Congress leader said.
The Chief Minister, who heads a Congress-led government, said doing away with the Planning Commission is likely to have an adverse effect on key areas like monitoring of human development in the states, Scheduled Castes Sub-Plan and Tribal Sub-Plan, facilitating and mainstreaming social sector reform and promotion of decentralized planning.
"I am not convinced that the wholesale change of a time-tested institution is required, particularly so, when we have not progressed even now beyond the conceptual stage of designing an alternative mechanism," he said.
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