The deadline for achieving the MDG targets will expire in 2015. The panel was tasked with presenting recommendations to the UN Secretary General on the post-2015 development agenda.
Criticising the report, NGO 'Wada Na Todo Abhiyan' said the panel suggested little actionable details about concerns on how to carry forward efforts to remove social and economic barriers to development.
This lack of detail means a wasted historic opportunity and a promise of change that the report had initially held out, said the NGO which has been tracking implementation of MDGs in India and elsewhere.
The panel set new goals to ensure inclusive growth and sought new framework for development which leaves no one behind and put sustainable development at the core.
The panel also called for sustained efforts in ending poverty, ensuring food and nutrition as well as jobs and livelihoods for all.
"The report leaves out addressing income inequality to nationl policy space," said Paul Diwakar, National Campaign Convenor of Wada Na Todo Abhiyan.