New institution to replace Planning Commission likely to have 8 members

Members of the new Institution will be from renowned economic, government, industry, academics and social background.

Zee Media Bureau

New Delhi: The new body which will replace the 64-year-old Planning Commission will have eight members on its panel, a newspaper reported on Saturday.

Members of the new Institution will be from renowned economic, government, industry, academics and social background, it said.

The paper further reported that four members of the new panel will be from inside while four will be from outside.

Quoting sources, the paper said that the head of the body could either be the Prime Minister or a chairman incase the PM does not want to lead the panel.

The Planning Commission has called a meeting of its former Deputy Chief and members on Tuesday to deliberate on the structure of the new body which will replace the Planning Commission.

Former Planning Commission Deputy Chairman Montek Singh Ahluwalia has been invited to participate in the deliberations.

The former members, who have been invited to participate in the deliberations, include Abhijit Sen, Arun Maira, B K Chaturvedi, Saumitra Chaudhuri, Syeda Hameed and Narendra Jadhav.

Some experts and economists are also likely to attend the meeting.

Addressing the nation from the Red Fort on Independence Day, Modi had said that the 64-year-old Planning Commission, a vestige of socialist era, would be soon replaced with a new institution to address the current economic challenges and strengthen the federal structure.

With PTI Inputs

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