The Commission's term is coterminous with the existing government. After the General Elections, the new government reconstitutes the Planning Commission.
"It was decided in a recent internal Planning Commission meeting that the panel will provide a set of written recommendations for the new Commission on 12th Plan, particularly 15 flagship schemes," an official source said.
Also Read
The flagship schemes on which the Commission is keen on providing its input in writing include Sarva Shiksha Abhiyan (SSA), Indira Awaas Yojana (IAY), National Rural Health Mission (NRHM) and Pradhan Mantri Gram Sadak Yojana (PMGSY).
The source said: "As per set precedents, it is generally very difficult for the new government make major changes in policies of their predecessor when something in writing exists."
The Commission would also put forth a holistic picture of the current economic situation as the new Commission would conduct the mid-term appraisal of the 12th Five Year Plan document.
"The current economic scenario indicates that the new Commission would have to scale down the annual average economic growth target of 8 per cent under the five year policy period as it would not be feasible," the source said.
The tenure of the 12th Five Year Plan which is drafted by the existing Commission and approved by the country's apex planning body National Development Council (NDC) will terminate on March 31, 2017.
The NDC headed by the Prime Minister with all chief ministers and Union cabinet ministers on its board had approved the 12th Plan policy document in December, 2012.
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
