<p>Planning Commission Deputy Chairman Montek Singh Ahluwalia today resigned while the other members are in the process of putting in their papers.<br /><br /></p>.<p>Ahluwalia submitted his resignation to the Prime Minister Manmohan Singh after the Union Cabinet meeting held here in the Capital. Apart from him, another member of the Commission B K Chaturvedi also submitted his resignation.<br /><br />"Deputy Chairman has put in his papers. I don't know about the other members but I have resigned as Member of the Planning Commission this morning," Chaturvedi told PTI.<br /><br />Besides Ahluwalia, the full time members of panel are B K Chaturvedi, Saumitra Chaudhuri, Syeda Hameed, Narendra Jadhav, Abhijit Sen, Mihir Shah, K Kasturirangan and Arun Maira.<br /><br />As per the practice all members of the Commission submit their resignations to the Prime Minister who is the head of the institution after the general elections.<br /><br />The term of members of the Planning Commission is co-terminus with the government.<br /><br />Following the results yesterday of the general elections, the new BJP-led government is expected to be formed next week. The new government will decide on the reconstitution of the the Commission.<br /><br />This Commission has drafted the 12th Five Year Plan (2012-17) which envisages an annual average economic growth of 8 per cent during the policy period.<br /><br />However the economic growth was recorded at 4.5 per cent in the first year of 12th Plan. It is estimated to be 4.9 per cent in 2013-14, the second of the policy period. The economic growth is expected be 5.5 per cent during this fiscal.</p>
<p>Planning Commission Deputy Chairman Montek Singh Ahluwalia today resigned while the other members are in the process of putting in their papers.<br /><br /></p>.<p>Ahluwalia submitted his resignation to the Prime Minister Manmohan Singh after the Union Cabinet meeting held here in the Capital. Apart from him, another member of the Commission B K Chaturvedi also submitted his resignation.<br /><br />"Deputy Chairman has put in his papers. I don't know about the other members but I have resigned as Member of the Planning Commission this morning," Chaturvedi told PTI.<br /><br />Besides Ahluwalia, the full time members of panel are B K Chaturvedi, Saumitra Chaudhuri, Syeda Hameed, Narendra Jadhav, Abhijit Sen, Mihir Shah, K Kasturirangan and Arun Maira.<br /><br />As per the practice all members of the Commission submit their resignations to the Prime Minister who is the head of the institution after the general elections.<br /><br />The term of members of the Planning Commission is co-terminus with the government.<br /><br />Following the results yesterday of the general elections, the new BJP-led government is expected to be formed next week. The new government will decide on the reconstitution of the the Commission.<br /><br />This Commission has drafted the 12th Five Year Plan (2012-17) which envisages an annual average economic growth of 8 per cent during the policy period.<br /><br />However the economic growth was recorded at 4.5 per cent in the first year of 12th Plan. It is estimated to be 4.9 per cent in 2013-14, the second of the policy period. The economic growth is expected be 5.5 per cent during this fiscal.</p>