Five-year plans will now make way for a larger and more focused 15-year ‘National Development Agenda’.
Cleared by Prime Minister Narendra Modi earlier this week, it will include internal security and defence as well.
As reported in ‘The Economic Times’, new blueprint will be implemented after the last of the five-year plans, 12th (2012-17) ends next year.
Report quoted a top official as saying that Prime Minister had given his green signal to the proposed plan that seeks to marry long-term planning, regular reviews and stringent monitoring into one coherent scheme.
Plan has drawn criticism in the past from several quarters due to the absence of long-term focus present in other countries.
NDA government that remodelled the earlier Planning Commission to NITI Aayog is keen on drawing up long-term development blueprint and had been planning doing away with the five-year plans.
This marks the end to five-year plan model of country's development in a radical shift in the process.
As per the proposed suggestion, there will be a shorter seven-year action plan within larger framework and a review within three years for any course correction, report said.
Internal security and defence have been included in the plan process for the first time, so that long-term planning element can be brought into these areas, for better preparation.