NEW DELHI Prime Minister Narendra Modi said on Friday that he would replace the central Planning Commission that for decades guided the country's socialist economy with a more modern institution.
"The times have changed since the Planning Commission was created. In a short span of time we will initiative a new institution that will work in place of the Planning Commission," Modi said in his independence day address.
(Reporting by Sanjeev Miglani; Editing by Douglas Busvine)
Trending On Reuters
Having quit his low-paid job with a contractor in Qatar, electrician Kurian Joseph scrabbles for work each day in his hometown in Kerala, a state that has one of India's highest unemployment rates. He's a casualty of the global oil price collapse. Full Article