National Development Agenda
The Centre has decided to discontinue five-year plans after the current one, which ends in March next year, and replace it with a longer vision of 15 years that will factor in social goals and sustainable development goals.
Details:
- Starting next financial year, the government intends to put in place a seven-year strategy as part of what will be called a ‘National Development Agenda’(NDA) to convert the long-term vision into a policy statement that can be implemented.
- Unlike the five-year plans, which largely focused on social and economic sectors, the ‘NDA’ will also extend to defence and internal security.
- The ‘NDA’ will be reviewed every three years with the first mid-term appraisal due in 2019-20, the year the next Finance Commission award is implemented and a new Lok Sabha is elected.