Erstwhile Planning Commission Secretary Sindhushree Khullar is believed to have been appointed as CEO of the newly formed NITI Aayog.
All members of the Planning Commission have submitted their resignations to the Prime Minister's Office paying the way for reconstitution of the institution.
Tamil Nadu Chief Minister J Jayalalithaa may have walked out of the National Development Council meeting on Thursday protesting against 10-minute cap on her speech, but this time limit had already been communicated to the states on Wednesday.
The new body may be headed by the Prime Minister as the chairman position would be ex-officio.
It is likely to have a similar tax efficient pass through status, for PPP and other infrastructure projects.
Economist Arvind Panagariya is the vice-chairman of NITI Aayog, while economist Bibek Debroy and scientist V K Saraswat are the two full-time members of the Aayog.
If the presentation made by the Commission to the chief ministers is followed in letter and spirit, central sector and sponsored schemes will no longer be the domain of central ministries alone.
PlanCom makes presentation with secretaries of key ministries in tow.
Status to enable Arvind Panagariya to attend Cabinet meetings.
