In her presentation before the group comprising Modi and chief ministers, Planning Secretary Sindhushree Khullar said that the new institution may have 8-10 regulars or executive members with half of them representing the states.
She suggested that the remaining members could be sectoral experts -- environmentalists, financial experts, engineers, scientists and eminent scholars from different fields.
The new body may be headed by the Prime Minister as the chairperson position would be ex-officio.
West Bengal Chief Minister Mamata Banerjee is skipping the meeting. State Finance Minister Amit Mitra is representing the West Bengal.
Khullar in her presentation suggested that the new institution would have functions including monitoring and evaluation; programme project and scheme evaluation; cross-sectoral and inter-ministerial expertise and appraisal and monitoring of projects.
The new body could provide internal consultancy services to states and the Centre on different matters. It could also be used to design medium and long-term strategy.
