Union Cabinet approves XII Plan
The Union Cabinet approved the XII Plan (2012-17) document focused at attaining annual average economic growth rate of8.2%, down from 9% targeted earlier.
The Plan document will now need final approval from the highest decision making body, the National Development Council (NDC).
Besides, the XII Plan aims to achieve 4% growth of agriculture sector.
The growth target for the manufacturing sector has been set at 10%.
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Topics: 12th Five-Year Plan • Economic growth • Economy • Five-year plans • Five-Year Plans of India • National Development Council
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