That is correct. The Finance Commission is associated with fiscal matters related to the distribution of resources between the Union government and the states, while the National Development Council is responsible for formulating and implementing development plans. The Union Ministry of Rural Development and the Union Ministry of Urban Development are involved in implementing specific development schemes and programs, but they are not directly associated with national planning. The Parliament has a role in approving and monitoring the implementation of development plans, but it is not directly involved in the planning process itself.