with social justice and than targeted 3%. equality. growth target 6.5% industry had a 7.8%. An average of 6.7% was Tenth Five year Plan (2002 2007) To 8% GDP growth It was successful in – rate,Reduction of poverty by 5 points and ratio by 5%, increase the literacy rate in the country. 25%, increasing and the economic country over 8%. Eleventh Five year Plan(2007 Rapid and inclusive growth.Empowerment India has recorded – 2012) through education and skill economic growth development. Reduction of gender sector grew at an inequality.Environmental sustainability. as against 4% To increase the growth rate in with annual average agriculture,industry and services to against 10% 4%,10% and 9% resp.Provide clean drinking water for all by 2009. Twelfth Five year Plan(2012-2017) sustainable and more inclusive “faster, growth”.proposes a growth target of 8 percent.Raising agriculture output to 4 per cent.Manufacturing sector growth to 10 % Target of adding over 88,000 MW of generation capacity. Prime Minister Narendra Modi has announced abolition of Planning Commissionon the Independence Day.It is to be replaced by a more relevant institution.The planning body lost its relevance after LPG reforms of 1990s. With the an end of the licence raj, it functioned only as an advisory body without any effective power. The future of economic planning in India will be different and better from its past, we remain optimistic.
with social justice and equality. growth target 6.5% than targeted 3%. industry had a 7.8%. An average of 6.7% was Tenth Five year Plan (2002 – 2007) To 8% GDP growth rate,Reduction of poverty by 5 points and increase the literacy rate in the country. It was successful in ratio by 5%, 25%, increasing and the economic country over 8%. Eleventh Five year Plan(2007 – 2012) Rapid and inclusive growth.Empowerment through education and skill development. Reduction of gender inequality.Environmental sustainability. To increase the growth rate in agriculture,industry and services to 4%,10% and 9% resp.Provide clean drinking water for all by 2009. India has recorded economic growth sector grew at an as against 4% with annual average against 10% Twelfth Five year Plan(2012-2017) “faster, sustainable and more inclusive growth”.proposes a growth target of 8 percent.Raising agriculture output to 4 per cent.Manufacturing sector growth to 10 % Target of adding over 88,000 MW of generation capacity. Prime Minister Narendra Modi has announced abolition of Planning Commissionon the Independence Day.It is to be replaced by a more relevant institution.The planning body lost its relevance after LPG reforms of 1990s. With the an end of the licence raj, it functioned only as an advisory body without any effective power. The future of economic planning in India will be different and better from its past, we remain optimistic.
Economic-Planning-in-India.docx