Reportedly, Modi Government is planning to replace Five-Year Plan, started by Congress' most revered leader and first Prime Minister of India, Jawahar Lal nehru.
It is being said that centre has made its mind to replace Five Year Plan with 15-year vision documents. Government has asked Niti Aayog to work upon the plan. Reports say that top officials have already given green signal to it.
"The Prime Minister's Office has entrusted NITI Aayog (with the job) to come up with a 15-year vision document for a period up to 2030 which will be co-terminus with the Sustainable Development Goals. This will be a 15-year perspective plan," a source said.
Reports further say that initially 15-year plan will begin with the 'National Development Agenda'. Government intends to implement this plan after ongoing Five Years Plan(2012-17) will come to an end next year.
"A 3-year action Plan for 2017-18 to 2019-20 as part of the National Development Agenda will be aligned with the 14th Finance Commission award period," the source said.
Unlike, Five Year plan which largely based on social development and economic policies, NDA will also extend to defence and internal security.
Report says that National Development Agenda will be reviewed after every three years.
After taking reins to its hand, Modi Government last year replaced Planning Commission with Niti Aayog.
First Prime Minister Jawahar Lal Nehru had started Five-Year Plans in 1951 with the motive of economic growth and prosperity of India. Since then, India has seen 12 such plans.