Text from: downtoearth.org.in Dated: August 15 2014 By Richard Mahapatra
Prime Minister Narendra Modi has finally cleared all doubts regarding the fate of the Planning Commission. In his first Independence Day speech, he declared a new body in place of the Planning Commission, to be called the National Development Reforms Commission. He gave enough hints on how the new body would look like by saying: “From the time when the Planning Commission was set up and now, there is a difference. Federalism is taking roots and we need to reflect this change.”
Since his government came to power in May this year, there have been speculations over the Planning Commission. Last month, things finally moved when Modi’s office got feedback on an alternative institution. This happened for the first time after the Commission was set up through a Cabinet order on March 15, 1950.
Modi has promised that by October the details of the new body will presented before Parliament. Though it doesn’t require any parliamentary”