Showing posts with label Agricultural Productivity. Show all posts
Showing posts with label Agricultural Productivity. Show all posts

Thursday, April 21, 2011

12th Plan to target 9-9.5 pc GDP: Montek Singh Ahluwalia


Raising doubts over feasibility of achieving 10 per cent average economic expansion in the 12th Plan (2012-17), Plan Commission Deputy Chairman Montek Singh Ahluwalia said the next plan would target GDP growth of 9 to 9.5 per cent in the next five years. 'If you ask me personally, I think setting target of 10 per cent (GDP growth) as an average for 12th Plan, is not feasible.it would be somewhere between 9 to 9.5 in next Plan period," he told reporters ahead of the meeting of the full Planning Commission. Prime Minister Manmohan Singh wants the Commission to aim at higher growth target for 10 per cent during the 12th Plan, as against 8.2 per cent estimated in the current plan.