New Delhi, Aug 15 Soviet-style Planning Commission will be scrapped soon, Prime Minister Narendra Modi announced today while unveiling his economic agenda inviting global businesses to make India their manufacturing base and launching a financial inclusion scheme for poor families.
Addressing the nation from Red Fort, he said the 64-year old Planning Commission, a vestige of socialist era, would be soon replaced with a new institution to address the current economic challenges and strengthen the federal structure.
