"It is not decided finally either by the government or the governing council of NITI Aayog whether the planning process will continue to stay," NITI Aayog CEO Sindhushree Khullar told reporters on the sidelines of an event here.
The current 12th Five-Year Plan would continue till 2017.
"Part of the resolution creating NITI Aayog" said that it would do strategic planning, look at medium and long-term policy issues in the key sectors of the economy, she said.
Khullar said that the important difference with the Planning Comission was that in NITI Aayog, the stakeholders would be the state governments and the top-down approach would cease to operate.
The states would give their suggestions to the governing council of NITI Aayog and the policies would be tailor-made to suit the needs of states, Khullar said.
Regarding mid-term appraisal of the 12th Plan, she said official level drafting was going on after which it would go to the full body of NITI Aayog.
The entire 12th plan would run its course, Khullar said.
Unlike Five Year Plans in the past, there would no allocation of funds by NITI Aayog. "Instead, the funds will be allocated by the finance ministry", Khullar said.
The key sectors broadly defined were health, education, nutrition, sanitation and irrigation among others.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)