Replacement of Planning Commission still under consideration

September 21, 2014

New Delhi, Sep 21: The proposal to replace Planning Commission with a new body, as announced by Prime Minister Narendra Modi, is "still under consideration" of the central government.

Planning CommissionIn reply to an RTI query, the Planning Commission said the final decision, as and when it is taken, on its replacement will be put in public domain.

The Planning Commission was asked to provide detail of its meetings with officials of the Prime Minister's Office (PMO) in this regard, copy of minutes of such meetings, and name, structure, address and mandate of the proposed body.

"The proposal (to replace Planning Commission with a new body) is still under consideration with the government... As and when the final decision is taken by the government of India, the same will be placed in the public domain," the plan panel said in its reply to the RTI application filed by PTI.

The Prime Minister is the Chairman of the Planning Commission, which works under the overall guidance of the National Development Council, according to its present mandate. The Deputy Chairman and the full-time members of the Commission, as a composite body, provide advice and guidance for the formulation of Five Year Plans, annual plans, state plans and monitoring plan programmes among others.

In his Independence Day speech, Modi had announced that a new institution with a new soul will replace the Planning Commission.

The new body will lead the country based on creative thinking, public-private partnership, optimum utilisation of resources, utilisation of youth power of the nation, to promote the aspirations of state governments seeking development, to empower the state governments and to empower the federal structure, he had said.

"Very shortly, we are about to move in a direction when this institute would be functioning in place of Planning Commission," Modi had said.

The Congress had opposed the government's move, terming it a "knee-jerk and half-baked decision" and favoured a "restructuring instead of dismantling" of the panel.

Later on his Twitter posts, Modi had invited suggestions from people on the proposed body to replace the plan panel.

"Inviting you to share your ideas on what shape the new institution to replace the Planning Commission can take," he had tweeted.

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Agencies
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A scuffle ensued when police confronted the protesters who tried to push forward towards Parliament. The lathi-charge was made to push back the protesters.

In the melee that ensued, many from both sides fainted.

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Agencies
January 7,2020

New Delhi, Jan 7: Services at various bank branches and ATMs are likely to be affected as hundreds of employees will go on a bank strike across the country on Wednesday.

The bank strike is part of the Bharat Bandh call given by trade unions to protest against the labour reforms and economic policies of the Central government, according to reports.

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News Network
March 25,2020

New Delhi, Mar 25: The government is likely to agree an economic stimulus package of more than Rs 1.5 lakh crore ($19.6 billion) to fight a downturn in the country that is currently locked down to stem the spread of coronavirus, two sources familiar with the matter told news agency.
The government has not yet finalised the package and discussions are ongoing between Prime Minister Narendra Modi's office, the finance ministry, and Reserve Bank of India (RBI), said both the sources, who asked not to be named as the matter was still under discussion.

One of the sources, a senior government official, said the stimulus plan could be as large as Rs 2.3 lakh crore, but final numbers were still in discussion.

The package could be announced by the end of the week, both sources added.

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