<Tr> <Th_colspan="2"> Footnotes </Th> </Tr> <Tr> <Td_colspan="2"> Planning Commission has been replaced by new institution NITI Aayog . </Td> </Tr> <P> The Planning Commission (Hindi: योजना आयोग, Yojana Āyog) was an institution in the Government of India, which formulated India's Five - Year Plans, among other functions . </P> <P> In his first Independence Day speech in 2014, Prime Minister Narendra Modi announced his intention to dissolve the Planning Commission . It has since been replaced by a new institution named NITI Aayog . </P>

Who is the current president of planning commission of india