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.NET
  • Construction Of Northeast India #2
  • Pathetic Parents :: Poem
  • Importance of passion for career
  • Conundrum behind ADC Election 2015
  • On the way to Mandalay #1
  • Shared Sovereignty: as Nagas understand it
  • Litle Brother with Green Chapple : Artwork
  • ILP: Sit-In Protest at Uchekon
  • Ph.D Degree Awarded
  • Konyak opposed to Gaidinliu memorial
  • N'land govt clarifies on Gaidinliu's Museum
  • Generating mistrust
  • Internal differences & external threats
  • Yumnam Sanathoi welcome #1 : Gallery
  • Natural disaster: Lesson from Kasom block
  • Hunger Marchers Day #2 : Gallery
  • The Falcon & The Doves :: Poem
  • Peace Accord could be a common reward
  • NGBF reacts to Naga Hoho's remark
  • Fake encounter case: NHRC summons
  • CBCC denounces Gaidinliu
  • N'land Legislators Forum extends support
  • Martyrdom Anniv @Ukhrul #1: Gallery
  • 3rd WIM Cup @Bangalore : Gallery
  • Reqt @ Ascend Studio, Imphal
  • Endorsed total bandh in hill districts
  • Condemns killing at Pangsho, Tuensang
  • Of Accord, Discord and Consultation
  • Indigenous peoples & internal divisions
  • Haipou Jadonang Anniv : Gallery
  • August 27, 1965, the sublime sacrifice
  • Status of Women of Meitei society #2
  • Connect a bacterium with ILP movement
  • Who the Buddha is #2
  • Unadministrative publication
  • JCILPS :: Press Statement on Aug 29
  • Shija Paediatrics & Neonatology Dept
  • Community Pond Restoration at Tentha
  • Relief Efforts @Tentha : Gallery
  • ABAM objects 'theologizing' Gaidinliu
  • Not easy to be a woman threatre director
  • Traditional games of Zeliangrong #2
  • Livestock in rural economies
  • In the den of Rani Gaidinliu
  • Peace Accord- Calm before the storm?
  • Inner Line Permit (ILP) Demand : Timeline
  • NSCN-GOI Accord..for peace or pain? #2
  • More oppose eulogising Gaidinliu
  • ILP : Meira Rally @Andro : Gallery
  • Exclusion of Haolenphai Village, Moreh
  • Flood Relief Efforts : Gallery
  • Diaspora donated 3 lacs Flood Relief
  • Utilization Mass Energy
  • Sports University & agricultural land
  • Hunger Marchers Day #1 : Gallery
  • Tonthoi, Lamjingbi : eMing
  • Facebook Photograph :: Poem
  • JCILPS :: Press Statement on August 27
  • An Unsung Nationalist #2
  • 'Distinctive Press Jacket' : Gallery
  • Imphal Talkies to perform at Bacardi NH7
  • R.N. Ravi expounds on solution
  • Ibobi pledges Rani statue
  • NE cities take pride in Centre's smart plan
  • Glimmer of hope
  • Midnight deal: Uncovering people's power
  • Construction Of Northeast India #1
  • Post-antibiotic era: apocalypse waiting..
  • Relevance of Rani Gaidinliu in Nagaland
  • On Bandhs & Blockades
  • Solution :: Poem
  • The picture says it all
  • Power Structure in Myanmar : Lecture
  • Reqt @ A-Connexion BPO
  • NTC resents move to glorify Gaidinliu
  • MTLT opposes idolizing of Gaidinliu
  • Of CAT, hide and seek
  • Landslides, blockades & vulnerability
  • Hingbagee Mahao :: eRang
  • Naga accord & politics of silence
  • All about Naga accord & Rani Gaidinlieu
  • Life :: Poem
  • Floods in Imphal valley #2
  • The tyranny of ignorance
  • Seminar On Ethnicity/Governance in NE
  • Lecture : Ethnic Minorities in Myanmar
  • Lohe lambast Zeliang for disrespecting local
  • ADC blues and shutdown
  • Landslides: Natural or human-induced?
  • ILP: Hunger strike- Aug 24: Gallery
  • Reaching our Destination
  • ILP 'Hunger Strike' Listing :: 24 Aug
  • Painting & Essay Writing Competitions
  • Young filmmaker attempts to popularise state
  • Jiribam no to cut-off year
  • Paradigms for development & peace
  • Shilling 1975 & Naga Peace Accord 2015
  • Upholding one's identity
  • Traditional games of Zeliangrong #1
  • Indo Naga Parley-3: Give peace a chance
  • Maternal death- are we lagging behind?
  • ILP rally: Violence @Moreh #3: Gallery
  • I am a Meitei
  • The Awakening :: Poem
  • Discovery of North East India :: Book
  • CFTRI to open Sugarcane Juice unit
  • Eulogizing of Gaidinliu-Heraka opposed
  • NSCN-IM pact-spill buzz in meet
  • Centre planning more DD channels for NE
  • Big Gesture, Little Action
  • Lai-Khadang Pandabi : Funga
  • How to motivate students
  • KEN donation to CM Relief Fund
  • All about media, society and police
  • ILP rally: Violence @Moreh #2: Gallery
  • An Unsung Nationalist #1
  • Chirom Indira @Prayas : Gallery
  • ILP rally: Violence @Moreh #1: Gallery
  • Eyek Tamba : Learn Manipuri script
  • Sharmila @Cheirap Court : Gallery
  • Nangdi Ayekpa Saktamni : Radio E-pao
  • ILP: Protests [Aug 17] : Gallery
  • Tera Keithel :: Panorama 360 View
  • ILP : Agitation [Aug 15] #3: Gallery
  • Phongdoknadringei Scenes #2 :: eRang
  • AMWJU Memo to DGP : Gallery
  • ILP : Flash Bandh [Aug 17] : Gallery
  • Landslides in Sanathong : Gallery
  • Patriots' Day at Aizawl: Gallery
  • Romoni : Woman Pele of India
  • Lukhrabi amadi Hangoi : Funga
  • Landscape Wallpaper #6 : Download
  • JCILPS memo to CM- Aug 8: Download
  • Sapam Robinhood - Lamjing Meira
  • Laihui presents Hada Shamaton :: Ooba