NITI Aayog Replaces 5 Year Plan From 2017

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NITI Aayog

National Institution for Transforming India (NITI) Aayog’s 15-year new vision is in a mode of replacing the decade old Five Year Planning from 2017. The tenure of current 5-year planning will come to an end by March 2017, thus giving an opportunity to new visionary scheme for India. The plan is likely to have sustainable development goals along with socio-economic goals.

Sustainable Development goals include building of 15-year roadmap as of sole purpose. Achieving the targets will be as important as contributing to making the nation similarly as United Nation has thought of for its member countries but with more tenure in hands.

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According to N.C. Saxena, Former member of Planning Commission,  A vision or a plan to see these targets implemented with adequate resources, therefore to a certain extent becomes a “mandatory part to the NITI Aayog’s 15-year development plan. The identified 16 goals and 169 sub-targets are not only sustainable, but have a larger role to play in India. 

The central government has planned to achieve the 15-year vision by dividing into 7-year strategy, which would eventually have a wider impact. Finances will be channelized in a long term basis and will be adhered by National Development Agenda (NDA). The respective department will be reviewed every three-year basis.

15-year vision initiation is likely to commence from 2019-20 as Financial Commission will lay down a road map of the country as well as the central government which is led by Bharatiya Janta Party (BJP) will witness second term poll elections. The tasks of both the sectors would be classified such as NDA will help in making out scheme programmes and strategies for long-term visionary goals whereas Aayog Committee will create a stepping stone for review, monitoring and evaluation.

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