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

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12th Five Year Plan (2012-17) Overview and Highlights
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 9.0 percent projected earlier in view of the current slowdown in the
economy and adverse international situation. The duration of the plan is 2012 to 2017.
During the 11th Plan period, the average annual growth was 7.9 percent. A full Planning Commission chaired by
Prime Minister Manmohan Singh 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 percent agriculture sector growth during the five-year period "critical to achieve
inclusive growth". Here are some Highlights of the 12th Five Year Plan.
Highlights of 12th Five Year Plan (2012-17):
Average growth target has been set at 8.2 percent
Areas of main 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 global situation.
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 percent agriculture sector growth during the five-year period
Agriculture in the current plan period grew at 3.3 percent, compared to 2.4 percent during the 10th plan period.
The growth target for manufacturing sector has been pegged at 10 percent
On poverty alleviation, the commission plans to bring down the poverty ratio by 10 percent. At present, the
Friday, October 05, 2012 Current Affairs, Current Affairs Important Updates
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poverty is around 30 per cent of the population.
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
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 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 Here12th Five Year Plan (2012-17) Overview and Highlights | Gr8AmbitionZ
http://www.gr8ambitionz.com/2012/10/12th-five-year-plan-2012-17-overview.html[8/2/2014 1:24:36 AM]
Read More Current Affairs Here
12th Five Year Plan (2012-17) Overview and Highlights

15 Comments:
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Anonymous
October 24, 2012 at 10:44 PM
hello mam..can u provide me the overview of 11th five year plan (2007-12)...really i need ur help in
dis...plzzz/...
Reply
Anonymous
November 22, 2012 at 12:05 AM
good job...thanx12th Five Year Plan (2012-17) Overview and Highlights | Gr8AmbitionZ
http://www.gr8ambitionz.com/2012/10/12th-five-year-plan-2012-17-overview.html[8/2/2014 1:24:36 AM]
Reply
Reply
Anonymous
January 31, 2013 at 7:24 PM
thank you it really helped...
Reply
Chotu SK
April 20, 2013 at 5:30 PM
Update dis plz..
the planned growth rate reduced to 8%
Shiv RK
April 20, 2013 at 10:28 PM
Thank you so much for the update Chotu SK... Thanks alot :)
Reply
Anonymous
June 4, 2013 at 10:59 PM
Anual growth rate is now 8% ...........nd really doing a grt job......
Reply
Ravi Choudhary
October 8, 2013 at 10:55 AM
I WANT SFECIFIC POINTS FOR PLANNING DONE IN HEALTH SECTOR.12th Five Year Plan (2012-17) Overview and Highlights | Gr8AmbitionZ
http://www.gr8ambitionz.com/2012/10/12th-five-year-plan-2012-17-overview.html[8/2/2014 1:24:36 AM]
Reply
Anonymous
October 10, 2013 at 3:18 PM
THANKS FOR YOUR CLEAR BASIC SKILL OF CURRENT ECONOMIC SITUATION.
Reply
Anonymous
November 23, 2013 at 4:37 PM
y dont u luk into economic survey for detail info.
Reply
Prateek Trivedi
December 20, 2013 at 9:54 PM
Hello,
You Are Doing A Great Work..
can U Add a section of Gk please..
Or Can You Suggest Me a Good Source where can i learn gk, geography etc in easy language. Pleasee.
Prateek Trivedi
December 20, 2013 at 9:55 PM
You are Doing A great work..
Please Help me , in Static Gk...
Please help me , how can i learn gk ..
Please12th Five Year Plan (2012-17) Overview and Highlights | Gr8AmbitionZ
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Reply
Anonymous
April 2, 2014 at 4:38 PM
thanks a lot
Reply
Anonymous
April 10, 2014 at 8:06 AM
do i need to study all about 12th 5 year plan r the overview is enough
Reply
Amrin
April 13, 2014 at 11:42 AM
its helpful bt plzz make it available in pdf format..
Reply
Bharat back in Action
April 14, 2014 at 7:34 PM
how to download 12th five year plan, m not getting the option to download12th Five Year Plan (2012-17) Overview and Highlights | Gr8AmbitionZ
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