In the first meeting of the Governing Council of NITI Aayog held on February 8, 2015, it was clearly recognized that the States have now emerged into economic growth engines and are equal partners in national development. However, recognizing that different States have different strengths, development needs and capacities, the way ahead has to focus on a shared vision of more inclusive and sustainable development not only between the Centre and the States but also across all States. As such NITI Aayog is engaged in strengthening cooperative federalism so that the Centre and States can work as a team towards rapid economic transformation of India. This information was given by the Minister of State (Independent Charge) for Planning, Shri Rao Inderjit Singh in a written reply in Rajya Sabha today.
The Minister said that in the first meeting of the Governing Council of National Institution for Transforming India (NITI) Aayog, it was decided that the 12th Five Year Plan (2012-2017) would continue. It has also been decided that as the plan is in its third year of implementation, NITI Aayog would suitably undertake its Mid Term Appraisal so that a shared vision of national development agenda and important national initiatives are incorporated for their effective implementation in the remaining two years of the Plan.
The Minister said that in the first meeting of the Governing Council of National Institution for Transforming India (NITI) Aayog, it was decided that the 12th Five Year Plan (2012-2017) would continue. It has also been decided that as the plan is in its third year of implementation, NITI Aayog would suitably undertake its Mid Term Appraisal so that a shared vision of national development agenda and important national initiatives are incorporated for their effective implementation in the remaining two years of the Plan.