Role of planning and the Planning Commission in the new Indian economy

Is there a case for continuing with planning and persisting with practices that on the face of it seem to be irrelevant? This article draws attention to the need to define the role of planning and the Planning Commission in the economy post-liberalisation with greater clarity and to reform the institutions that are supposed to support the planning process to make them relevant and effective. With control over investment in the private sector beyond the purview of the Planning Commission, development planning can at best be indicative.