New body must meet changing economic needs: PlanComm to PM

Image
Press Trust of India New Delhi
Last Updated : Dec 07 2014 | 11:30 AM IST
The Planning Commission today suggested to a group chaired by Prime Minister Narendra Modi that its replacement body should be structured to meet the need of changing economic paradigm and comprise sectoral experts and states' representative.
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.
The meeting, convened by Modi to deliberate on replacement of the Planning Commission, is being attended by the several Chief Ministers, including Akhilesh Yadav (UP), Manohar Lal Khattar (Haryana), Devendra Fadnavis (Maharashtra) Vasundhara Raje (Rajasthan), Shivraj Singh Chouhan (Madhya Pradesh), Raman Singh (Chhattisgarh), Harish Rawat (Uttarakhand) and Oomen Chandy (Kerala).
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.
It is has been suggested that the new body would advise the Prime Minister on matters referred to it. Besides, it should act as think-tank and have network with universities and other institutions.
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.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Dec 07 2014 | 11:30 AM IST

Next Story