TODAY -

Govt approves 12th Five Year Plan
Source: The Sangai Express / Press Trust of India

New Delhi, October 04 2012: The Government today approved the 12th Five Year Plan (2012-17) document that seeks to achieve annual average economic growth rate of 8.2 per cent, down from from 9 per cent envisaged earlier, in view of fragile global recovery.

"The Union Cabinet also discussed the draft 12th Five Year Plan (2012-17) and approved the draft and directed the that the draft be placed before the National Development Council (NDC)," Finance Minister P Chidambaram told reporters here.

"It is an ambitious Plan.

It estimates resources at an ambitious level and hope to expand the interventions in critical areas like health, education, drinking water, sanitation," he said.

He further said, "The projected average rate gross capital formation in the 12th Plan is 37 per cent of GDP.

The projected gross domestic savings rate is 34.2 per cent of GDP and the net external financing needed for macro economic balance has been placed at 2.9 per cent of GDP.

"Plan emphasises the need for speeding up the implementation of infrastructure projects" .

The 12th Plan document has already been approved by the full Planning Commission chaired by Prime Minister Manmohan Singh on September 15 .

Now, the document will be placed before the National Development Council (NDC), the apex decision making body, for final approval.

The NDC headed by the Prime Minister with all Chief Ministers and Cabinet Ministers on board, is the final authority to approve the five-year long policy document.

In view of the ongoing global problems, the average annual growth target for the 12th Plan has been scaled down at 8.2 per cent from 9 per cent envisaged in the Approach Paper to the 12th Plan.


* Comments posted by users in this discussion thread and other parts of this site are opinions of the individuals posting them (whose user ID is displayed alongside) and not the views of e-pao.net. We strongly recommend that users exercise responsibility, sensitivity and caution over language while writing your opinions which will be seen and read by other users. Please read a complete Guideline on using comments on this website.




LATEST IN E-PAO!
  • Olangthagee Wangmadasu : eRang
  • Time to kick politics from sports
  • A case study of MNF movement #6
  • The Survival Mound :: Poem
  • Democracy On Trial
  • Kharam Students' Conference : Gallery
  • Jigsaw Puzzle #3 :: Story
  • Nengneithem Kipgen awarded PhD
  • HR body decries delay in repeal of AFSPA
  • Draining a pond in search of grenade
  • Racism in India 2013-2015 :: Timeline
  • Centenary of Rani Gaidinliu : Gallery
  • The Colours of Development
  • A day full of dance and music
  • Cultural changes is man's greatest falls
  • The Resurgent Thadou Politics
  • 66th Republic Day @Kangla #2: Gallery
  • wahH ? :: Seireng
  • Education is not about competition/merit
  • Seminar on mortality at JNU
  • Manipuri balladeer, 89, to perform in Delhi
  • Tulihal sees hope in new AAI boss
  • Delhi's new initiatives for NE
  • The Killing Fields (2013/14/15) :: Timeline
  • Politicians can learn from Yangmaso Shaiza
  • India-US bonhomie & reality check
  • Release of Sharmila & an insensitive State
  • Tamenglong #34: Wallpaper Download
  • When a Star Fell : Poem
  • 66th Republic Day @Imphal #2: Gallery
  • Revisiting Pacha's Imphal.critical prism #1
  • Take God's Hand
  • Thadou Dance @Chandel: Gallery
  • PhD admission 2015, IIT, Gandhinagar
  • World Wetlands Day, 2015 at Thinungei
  • Dr. Palin among 25 Healthcare Influencers
  • NE Community members donate blood
  • I-League Pre-Match: Pune vs Lajong FC
  • Is Assam in India, asked at Taj Mahal
  • From the days of Fiats & Ambassadors
  • Making religion a force for unity
  • Khodrak Waterways @Bishenpur: Gallery
  • Gaireimei, Adinbou : eMing
  • The ethics of life
  • Tourism undertaking : A toxic din
  • The Heart of the Matter : Poem
  • Understanding Rabies
  • Walkathon: Road Safety Week #2: Gallery
  • R-Day: Prize Distribution: Gallery
  • Jobs @CloudZack Tech, Imphal
  • Jobs @SKY Hospital, Imphal
  • Discussion on Mapithel Dam at Chadong
  • MSAD's letter to President Barak Obama
  • CFMG chairman responds to NSCN(I-M)
  • Gaidinliu anniv at Raj Bhavan, Kohima
  • The game of Polo symbolizes #1
  • Tamils Pongal at Moreh #1: Gallery
  • Rani Gaidinliu at a glance
  • Mass Grave Protest @Keishampat: Gallery
  • 66th Republic Day @Kangla #1: Gallery
  • NE women problems in metropolises #2
  • Revolution, Thy Name Is Woman
  • Scholarships: C4 Photosynthesis
  • Sharmila, Make By India Campaign
  • NE's rice beer has therapeutic value
  • DoNER camps in NE for redressal
  • Rani Gaidinliu remembered on 100th anniv
  • Four blasts near R-Day function venue
  • 66th Republic Day @Imphal #1: Gallery
  • Sharmila's arrest: return to absurd ritual
  • What lies beneath?
  • Entrance exams ahead: Time to be prepared
  • Kerala model of development, Analysis #2
  • Mathang gi Yengningthada #2: Gallery
  • Redemption :: Poem
  • Momocha awarded Vayu Sena Medal
  • Helping man's best friend #2: Gallery
  • I-League Report: Shillong Lajong Vs Mumbai
  • Dog Vaccination Programme at Moirang
  • Six from Northeast get Padma awards
  • Lift suspension on NE trade policy
  • Men in uniform: Harassing the public
  • Khuman Lampak :: 360 Panorama
  • Do we need Sanamahi & Umang Lai #4
  • Sweat after Life : Poem
  • Hypothyroidism: patient needs to know #2
  • Nupi Sabis of Manipur #2
  • Tobacco Free Institutions: Gallery
  • Irom Sharmila released #2: Gallery
  • Natl Games, Manipur contingent: Gallery
  • National Voters Day observed
  • Pre-Match Report: Lajong vs Mumbai
  • Nehginpao conferred PhD degree
  • Condemns re-arrest of Irom Sharmila
  • Hoo Chage #3 :: eRang
  • Climate Change & Global Warming
  • Not prescribed for young tots
  • Manglaba Angangs :: Poem
  • A nostalgic moment of a lifetime
  • Il Buono, il bruto, il cattivo
  • SC Judgement on Transgenders..illusion
  • NE blips on Delhi air plans
  • Jobs @Regional Mental Health, Assam
  • Sharmila should not be rearrested
  • Drama of release and re-arrest
  • Between the lines writ on the wall
  • Irom Sharmila re-arrested : Gallery
  • Yubi Lakpi #2 : Gallery
  • The Last Tears : Poem
  • Helping man's best friend: Gallery
  • PhD Programme at IIT, Indore
  • WIM Cup 2014: football at Bangalore
  • Ibopishak Memorial Football Tournament
  • Vistara to start flights to NE India
  • Irom Sharmila released #1: Gallery
  • Condition of ISBT, Imphal: Gallery
  • CC Meet: TRUGPU Vs TRAU #4 : Gallery
  • Rupali Longjam - Miss NE #2 :: eRang
  • RIST Lecture: 'Embedded System' @MU
  • Cassay Horse trails & Eastern Gate #2
  • Sanarembi Cheishra : Funga
  • Dr. Naorem Bidyasagar : Akademi Award
  • Snowfall in Ukhrul : Gallery
  • Puya Mei Thakhibagi Kumon : Gallery
  • TRAU : Complete Team Player Profile
  • TRUGPU : Complete Team Player Profile
  • CC Meet: 2nd Semi: MOM: Gallery
  • CC Meet: 1st Semi: MOM: Gallery
  • Reshmi Sorokhaibam #3 :: eRang
  • Laihui presents Hada Shamaton :: Ooba
  • Delhi Discrimination Survey: Download