Yojana Magazine: Issue January 2012

The Draft Approach to the 12th Five Year Plan (2012-2017) has been approved by the National Development Council. The theme of the Approach Paper is "faster, sustainable and more inclusive growth". The document was prepared by the Planning Commission after wide ranging consultations with the states, various stakeholders, economists, web based interactions and in-house discussions.

The Approach Paper lays down the major targets of the Twelfth Plan, the key challenges in meeting them and the broad approach to be followed to achieve the stated objectives. It proposes a growth target of 9 percent. However in view of the uncertainties in the global economy, and challenges in the domestic economy, achieving the growth rate of 9 percent may not be feasible unless difficult decisions are taken.

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Courtesy: Yojana.gov.in