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12th Five Year Plan (2012-17) Overview and Highlights | Gr8AmbitionZ

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AP Forest
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he union cabinet

today

approved the 12th Five


Year Plan that seeks an
average

annual

economic growth of 8.2 percent


and

identifies

infrastructure,

health and education as thrust


areas. The growth rate has been
lowered to 8.2 percent from the

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9.0 percent projected earlier in

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duration of the plan is 2012 to

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endorsed the document which has fixed

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view of the current slowdown in

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economy

and

international

adverse

situation.

The

2017.
During the 11th Plan period, the average
annual growth was 7.9 percent. A full
Planning Commission chaired by Prime

the total plan size at Rs.47.7 lakh crore.


The 12th Plan seeks to achieve 4 percent
agriculture sector growth during the fiveyear period "critical to achieve inclusive
growth". Here are some Highlights of the
12th Five Year Plan.

Average growth target has been set

BSNL TTA
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Syllabus And
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Plan

thrust

are-

infrastructure, health and education


Growth rate has been lowered to 8.2
percent from the 9.0 percent projected
earlier in view adverse domestic and

During the 11th Plan period, the


average annual growth was 7.9 percent
A full Planning Commission chaired
by Prime Minister Manmohan Singh on
September 15 endorsed the document
which has fixed the total plan size at
Rs.47.7 lakh crore
The 12th Plan seeks to achieve 4

LIC AAO

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Highlights of 12th Five Year Plan


(2012-17):

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percent agriculture sector growth during

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the five-year period


Agriculture in the current plan period
grew at 3.3 percent, compared to 2.4

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percent during the 10th plan period. The


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has been pegged at 10 percent


On

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growth target for manufacturing sector

poverty

alleviation,

the

commission plans to bring down the


poverty ratio by 10 percent. At present,

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the poverty is around 30 per cent of the

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According to commission Deputy


Chairperson Montek Singh Ahluwalia,
health and education sectors are major

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thrust areas and the outlays for these in


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the plan have been raised.

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The outlay on health would include


increased spending in related areas of
drinking water and sanitation.
The

commission

had

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accepted

Of...

Finance Minister P. Chidambaram's


suggestion that direct cash transfer of
subsidies

in

food,

fertilizers

and

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petroleum be made by the end of the


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12th Plan period


After the cabinet clearance, the plan
for its final approval would be placed
before

the

National

Development

Council (NDC), which has all chief


ministers and cabinet ministers as
members and is headed by the Prime
Minister.
Agriculture
Agriculture in the current plan period has
grown at 3.3 percent, compared to 2.4
percent during the 10th plan period. The

growth target for manufacturing sector has


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12th Five Year Plan (2012-17) Overview and Highlights | Gr8AmbitionZ

growth target for manufacturing sector has


been pegged at 10 percent.
Infrastructure
The document stresses the importance of
infrastructure development, especially in
the power sector, and removal of
bottlenecks for high growth and
inclusiveness. It also sets targets for
various economic and social sectors
relating to poverty alleviation, infant
mortality, enrolment ratio and job creation.
Poverty
On poverty alleviation, the commission
plans to bring down the poverty ratio by 10
percent. At present, the poverty is around
30 per cent of the population.
Health and Education
According
to commission Deputy
Chairperson Montek Singh Ahluwalia,
health and education sectors are major
thrust areas and the outlays for these in
the plan have been raised.
The outlay on health would include
increased spending in related areas of
drinking water and sanitation.
The commission had accepted Finance
Minister P. Chidambaram's suggestion that
direct cash transfer of subsidies in food,
fertilizers and petroleum be made by the
end of the 12th Plan period.
Direct cash transfers would bring down
the government's subsidy burden as the
money would go directly to the "genuine"
beneficiaries and "plug leakages" in the
implementation of these schemes.
After the cabinet clearance, the plan for its
final approval would be placed before the
National Development Council (NDC),
which has all chief ministers and cabinet
ministers as members and is headed by the
Prime Minister.
You can download the Pdf version of the
Complete Overview of 12th 5 Year plan
from Here

http://www.gr8ambitionz.com/2012/10/12th-five-year-plan-2012-17-overview.html

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