Discuss the steps that have been taken since liberalization to reorient the role of planning in India?

Since the economic liberalization reforms in 1991, India has undergone a transformative journey in its development trajectory. The shift from a closed, planned economy to a more open, market-oriented one necessitated a reevaluation of the role of planning in the country. This period saw a series of steps and policy initiatives aimed at reorienting planning to align with the new economic paradigm. In this comprehensive overview, we will delve into the key measures and changes implemented since liberalization, analyzing their impact on India's development landscape.

### 1. Liberalization and Economic Reforms:
   The liberalization of the Indian economy in 1991 marked a turning point. The government reduced trade barriers, opened up sectors for private investment, and encouraged foreign direct investment (FDI). This move shifted the focus from a centrally planned economy to a market-driven one, necessitating changes in planning strategies.

### 2. Dismantling of License Raj:
   The License Raj, a system where businesses required licenses for practically every aspect of their operations, was dismantled. This removal of bureaucratic red tape empowered entrepreneurs, encouraging economic growth and innovation.

### 3. Shift towards Five-Year Plans:
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