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Planning Commission is dead, long live the new Plan!

It has commissioned 12 five-year plans and six annual plans involving fund outlays of over Rs 200 lakh crore in its 65-year-history, but the fabled Planning Commission is itself set to be history as the government gears up to replace it with a new-age institution in the new year.

Planning Commission must be relooked to expand economic activity: Jaitley

Union Finance Minister Arun Jaitley on Sunday said that the role of the Planning Commission must be relooked in order to expand economic activity, adding that the new body, which will replace the existing commission, will aim towards cooperative federalism.

Planning Commission: Consensus on changes; Congress opposes dismantling

Finance Minister Arun Jaitley, while briefing the media on the deliberations of the meeting, said no time-line has been fixed, saying the Centre will take a "considered view after consultations are over".

States must have greater role in new Plan body: PM Narendra Modi

Seeking to strengthen cooperative federalism, Prime Minister Narendra Modi on Sunday said that states must have a greater role in the new body which will replace the existing Planning Commission.

Plans afoot to reshape Plan panel: PM

Plans are afoot for reshaping of the Planning Commission to make it in sync with the changing times, Prime Minister Narendra Modi on Friday said ahead of his meeting with all Chief Ministers on Sunday on the issue.

Modi convenes CMs meet on new plan panel

Modi in his first Independence Day speech had announced that the 64-year old Planning Commission would be abolished and replaced with a more relevant institution.

New institution in place of plan panel be combination of 3 important divisions: Report

Earlier reports in the media were doing the rounds that the new government body in place of the plan panel will likely to be formed by the year end.

Government likely to replace Plan panel with new body by year-end

The PM had promised on August 15 to announce "a new institution with a new spirit" soon.

Plan panel expects 'reasonable' hike in GBS in 2013-14

The Planning Commission on Thursday said it is expecting a "reasonable" increase in Plan expenditure in 2013-14, but it should be done without compromising on the need for containing fiscal deficit.

Diesel under-recovery to end by mid-2015: Plan panel

Planning Commission on Thursday said that the under-recoveries on account of sale of diesel will end by mid-2015 following progressive increase in the price of the fuel.

Growth could get stuck at 5-5.5% if policy logjam continues: Plan panel

The Planning Commission on Thursday projected 8 percent economic growth for the 12th Plan, but cautioned that "policy logjam" could slow the expansion to even as low as 5-5.5 percent during the five year period.

Reversing economic slowdown is our top priority: PM

In his inaugural speech, the Prime Minister said that the current economic situation is difficult and the government's first priority is to reverse this economic slowdown.

Plan panel for lowering growth target in 12th Plan to 8%

This is the second time that the Planning Commission will be scaling down the growth projection for the 12th Plan (2012-17).

Plan panel for early resolution of investor concerns

A decision on the recommendations to allay investor concerns over tax front should be taken at the earliest to boost investments, said the draft 12th Five Year Plan document.

Plan panel to set up expert group on poverty in April

Under pressure to review its controversial poverty line of Rs 28.65 daily consumption, the Planning Commission is likely to complete by next month the formation of a technical group to revisit the methodology used to arrive at the figure.

Plan panel uses best methodology to conduct surveys: Ramesh

Joining the debate on controversial poverty line issue, Rural Development Jairam Ramesh has said the surveys being conducted by the Planning Commission use the best available methodology which is refined all the time.