was finally launched in 1992 after the initiation of structural adjustment policies. For the first eight Plans the emphasis was on a growing public sector with massive investments in basic and heavy industries, but since the launch of the Ninth Plan in 1997, the emphasis on the public sector has become less pronounced and the current thinking on planning in the country, in general, is that it should increasingly be of an indicative nature. In 2014, Narendra Modi government decided to wind down the Planning Commission. It was replaced by the newly formed NITI Aayog. Organisation The composition of the Commission underwent considerable changes since its initiation. With the Prime Minister as the ex officio Chairman, the committee had a nominated Deputy Chairman, with the rank of a full Cabinet Minister. Cabinet Ministers with certain important portfolios acted as ex officio members of the Commission, while the full-time members were experts in various fields like economics, industry, science and general administration. Ex officio members of the Commission included the Finance Minister, Agriculture Minister, Home Minister, Health Minister, Chemicals and Fertilisers Minister, Information Technology Minister, Law Minister, Human Resource Development Minister and Minister of State for Planning. The Commission worked through its various divisions, of which there were two kinds: General Planning Divisions Programme Administration Divisions The majority of the experts in the Commission were economists, making the Commission the biggest employer of the Indian Economic Service. Functions The Indian Planning Commission's functions as outlined by the Government's 1950 resolution are following: To make an assessment in the material, capital and human resources of India, including technical personnel, and investigate the possibilities of augmenting those are related resources which are found to be deficient in relation to the nation's requirement. To formulate a plan for the most effective and balanced utilisation of country's resources. To define the stages, on the basis of priority, in which the plan should be carried out and propose the allocation of resources for the due completion of each stage. To indicate the factors that tend to retard economic development. To determine the conditions which need to be established for the successful execution of the plan within the incumbent socio-political situation of the country. To determine the nature of the machinery required for securing the successful implementation of each stage of the plan in all its aspects. To appraise from time to time the progress achieved in