National Development Council approves 12th Five Year Plan

Dec 27 2012, 21:04 IST
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NDC approves 12th Five Year Plan (Agencies) NDC approves 12th Five Year Plan (Agencies)
SummaryNDC today approved the strategy to achieve average growth rate of 8%.

2005 levels.

Although the document envisages 6.7 per cent growth rate in the current fiscal, it has been projected at 5.7-5.9 per cent in 2012-13 by the Finance Ministry.

The strategy for the full Plan would aim at raising agriculture output to 4 per cent and manufacturing sector growth to 10 per cent.

It also wants all the states to set higher targets of growth than what was achieved in the 11th Five Year Plan.

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