INDEX INTRODUCTION OBJECTIVES STRATEGY AREAS EVALUATION
INTRODUCTION The economy of India is based in part on
planning through there five-year plans, developed, executed and monitored by the Planning Commission. Montek Singh Ahluwalia
is currently Deputy Chairman of the Commission.
the
INTRODUCTION First plan (1951-1956) Second plan (1956-1961) Third plan (1961-1966) Fourth plan (1969-1974) Fifth plan (1974-1979) Sixth plan (1980-1985) Seventh plan (1985-1989) Eighth plan (1992-1997) Ninth plan (1997-2002) Tenth plan (2002-2007) Eleventh plan (2007-2012)
GAINS OF THE PAST: Growth rate of National income-5.7 % to 6.1
% in eighth & ninth plan periods. Percentage of population living in poverty has continued to decline. Population growth has gone below 2 percent for the first time in four decades. Literacy rate – 52 % (1991)to 65 % (2001). Sectors such as software services and information technology have emerged as new sources of strength.
WEAKNESSES: Number of unemployed persons is quite high. More than half of the children in the age
group 1-5 years in rural areas are undernourished. The girl children are suffering even more severe malnutrition. The infant mortality rate is still at 72 per 1000. As many as 60 % of rural households and about 20 % of urban households do not have a power connection.
THE TENTH PLAN (1st April,2002-31st March,2007) Total public investment proposed in the Tenth
Plan is Rs. 15,92,300 crore. The Plan aims at achieving 8% growth rate per annum. The approach paper was cleared by the National Development Council in September 2002. The Cabinet approved the final document of the plan in October,2002.
OBJECTIVES Rate of growth of National Income Growth Rate of Per Capita Income Improvement in Quality of Life Reduction in Poverty Provision in Gainful Employment Provision of Universal Education Reduction in Gender Gaps Reduction in Growth Rate of Population Increase in Literacy Rate
Reduction in Infant Mortality Rate Reduction in Maternal Mortality Rate Environmental Protection Provision of Sales Drinking Water Growth, Equity and Sustainability Balanced Development in All States Other Objectives (development of small,
village and cottage industries; Export Promotion; Development of Agriculture, Infrastructure)
STRATEGY Disinvestment will be Carried in the Public
Sector Industries To Redefine the Role of the Government Agricultural Development High quality employment Social Security for Women Environmental conservation Domestic reforms will be accelerated The deficits in the central and state budgets will be controlled Hurdles in the way of the growth of small and cottage industries will be removed.
AREAS Agriculture and Land Management Industrial Policy Issues Development of Foreign Trade Poverty Alleviation Programme Food Security an Public Distribution System Health Care Globalization Employment Transport and communication Irrigation and Flood Control Science and Technology Other Areas
EVALUATION National income increased by 7% Per capita income increased by 5.3% Industrial production increased by 7.3% Rate of growth in export is 23.4% and in
import it is 36.6% in rupee terms. Food grain production, increased by 2.3% (2005-06). Inflation rate was 4.9% during the period of 2002-2006. Growth rate Capital output ratio is 4.1:1
EVALUATION Foreign direct investment has shown hesitant
trend towards our economy. Critical areas like infrastructure, biotechnology, health care etc need to be further strengthened. It seems difficult to generate 20 million jobs every year as targeted in tenth five year plan. Agriculture and small-scale industry are still at low performance level.