The role of the Planning Commission has already been curtailed in the last two decades under liberalization. What Modi has done is to give it a final burial. The Planning Commission had been tasked with certain allocation of resources under the plan, providing for a balanced development keeping in mind regional disparities and monitoring of important schemes and projects. The Modi Government has not spelt out what will be put in place instead of the Commission. This is an arbitrary and adhoc move that will only facilitate the further private capital profit maximisation ....
Aug. 19 2014