NITI Aayog to replace 5-year plans with 15-year vision document

In Indian Affairs
May 15, 2016

NITI Aayog policy

The National Democratic Alliance government at the Centre, led by Prime Minister Narendra Modi, has decided to get rid of the Nehruvian five-year plans and replace them with 15-year vision documents. These will be framed keeping in mind the country’s social goals and the sustainable development agenda. According to a senior official, the issue was discussed at length and a decision was taken at the highest level.

The NITI Aayog has been directed to prepare a vision document at the earliest. The current 12th Five-Year Plan will be terminated in the current financial year, 2016-17. The first 15-year vision document will start from 2017-18, along with a seven-year National Development Agenda which will lay down the schemes, programmes and strategies to achieve the long-term vision.

Since the Narendra Modi government took over, there has been speculation over the fate of the planning process, more so after the Planning Commission was replaced with the NITI Aayog. The mid-term appraisal of the 12th Plan was also not done, though it was due after the completion of two-and-a-half years.

The National Development Agenda will be reviewed after a gap of every three years to ensure that it was aligned with financial needs and requirements. For the first Development Agenda, the review would be done in 2019-20, in line with the termination year of the 14th Finance Commission.

Did You Know?

The Five-Year Plans first started in 1951 under the country’s first prime minister Jawaharlal Nehru.
In July 1951, the Planning Commission presented a draft outline of a plan of development for the period of five years, starting from April 1951.
Since then, India regularly had Five-Year Plans till the 12th one, which ends this year, except 1966-69, when the five-year Plans were replaced with annual Plans. Thereafter, there were no Five-Year Plans in 1979-80 and 1990 to 1992.
Nehru was the first chairman of the Planning Commission, while Gulzarilal Nanda was the minister for planning.
The commission had been graced by people like former Prime Minister Manmohan Singh and President of India Pranab Mukherjee as deputy chairmen.