"The mandate of the NITI Aayog needs greater clarity and emphasis on issues like Inter - Ministerial and Departmental coordination and especially with regard to the Centrally Sponsored Schemes. Coordination with States is also necessary at a centralised level," a Parliamentary Standing Committee on Finance, headed by Congress leader M Veerappa Moily, said in a report tabled in the Lok Sabha today.
The Committee had observed that role and responsibilities of the erstwhile Planning Commission, wherever found relevant and useful, could be gainfully institutionalised with greater result orientation.
Noting that there has been a substantial pruning of budgetary allocations for Planning Ministry for 2016-17, the panel has asked the ministry to pursue the matter further with the Ministry of Finance to obtain suitable provision for the same at the Revised Estimates (2016-17) stage.
Also Read
The Committee has also been informed that a fresh request has been made in May 2016 to the Ministry of Finance to reconsider the provision of funds.
It observed that non-allocation of funds in the Union Budget 2016-17 (BE stage) would adversely impact upon the priority areas/projects, causing derailment of development goals.
It said that given the fact that the 12th Plan (2012-17) period is in its last stage, NITI Aayog should complete the entire process (appraising the plan) on war footing so that their suggestions and proposals can be implemented within the 12th Plan Period.
Disclaimer: No Business Standard Journalist was involved in creation of this content