NITI Aayog to replace 5-year plans with 15-year vision document

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The National Institution for Transforming India (NITI) Aayog which had replaced erstwhile Planning Commission (PC) in 2015 has decided to get rid of the ancient concept of five-year plans that India has been following since 1951, and replace them with 15-year vision documents.

The vision documents will be framed keeping in mind the country's social goals and the sustainable development agenda. The NITI Aayog has been directed to prepare a vision document at the earliest. The 15-year vision document will also include defence and internal security that have not been a part of five-year plans. 

Facts about "15-year vision document" :

The first 15-year vision document will come into effect from 2017-18, along with a seven-year National Development Agenda which will lay down the schemes, programmes and strategies to achieve the long-term vision.

The vision document will also be coterminous with the UNDP’s 2030 sustainable development goals to which India is committed to meet broader social objectives. India has to achieve 16 goals which has 169 sub-targets by 2030.

The NITI Aayog will also create a dashboard for monitoring, evaluation and review of the implementation of vision document. The National Development Agenda will be reviewed after a gap of every three years to ensure that it was aligned with financial needs and requirements.

For the first Development Agenda, the review would be done in 2019-20, in line with the termination year of the 14th Finance Commission. NITI Aayog will undertake outcome-based monitoring of all government programmes and ministries on a yearly basis, which would help in keeping a tab on the progress made and work done.

Five-Year Plans of India :

The Five-Year Plans first started in April 1951 under the country's first prime minister Jawaharlal Nehru, who was the first chairman of the Planning Commission, while Gulzarilal Nanda was the minister for planning. 

Since then, India regularly had Five-Year Plans till the 12th one, which ends this year, except 1966-69, when the five-year Plans were replaced with annual Plans. Thereafter, there were no Five-Year Plans in 1979-80 and 1990 to 1992.

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