CPI(M) slams govt decision to scrap Planning Commission

Tags: News
CPI(M) today attacked the BJP-led government for announcing the winding up of the Planning Commission without any discussion in Parliament and said this "arbitrary move" would only facilitate private capital profit maximisation at the cost of welfare programmes.

"Prime Minister Modi has announced that the Planning Commission would be wound up. This step has been publicly taken a day after the Parliament session ended, without any discussion in Parliament or consultation with political parties or other concerned entities," the CPI(M) Politburo said in a statement.

"The role of the Planning Commission has already been curtailed in the last two decades under liberalisation. What Modi has done is to give it a final burial," it said, adding that the decision was in line with the "prevailing neo-liberal view that there is no need even for a semblance of planning in a market-oriented economy."

Observing that the Modi Government has not spelt out what would be put in place of the Commission, the CPI(M) said this was "an arbitrary and adhoc move that will only facilitate the further private capital profit maximisation at the expense of curtailing even the existing meagre resource allocation for peoples' welfare programmes."

The major Left party said "if the Planning Commission itself is dismantled, the allocation for states will be decided by the Finance Ministry which will only lead to further centralisation and bring in political bias as far as the states are concerned."

It noted that the plan panel was tasked with certain allocation of resources under the plan, providing for a balanced development keeping in mind regional disparities and monitoring of important schemes and projects.

"Modi government claims that the Planning Commission was not in tune with the federal principle. That is why the CPI(M) had been advocating that the Planning Commission should be made an executive wing of the National Development Council so that it becomes a truly federal institution," it said.

EDITORIAL OF THE DAY

  • Saffronites need to build their own edifices and narratives

    The news that the BJP-led NDA government, no admirers of India’s first prime minister, want to give a ‘contemporary’ look to the capital’s mos

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Amita Sharma

Examining times for learning

The central advisory board of education in its meeting on ...

Zehra Naqvi

Capturing change

The pace of change in the world around us can ...

Gautam Gupta

Bring on the Benares brigade

It was in 2003 when I first started work and ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture