12th Five-Year Plan Current Affairs, GK & News

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 ..

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Rs 28,000 cr Annual Plan outlay for Bihar: Planning Commission

The Planning Commission approved an Annual Plan outlay of Rs 28,000 crore for Bihar for the current fiscal. The plan was finalized at a meeting in New Delhi between the Commission’s Deputy Chairman Montek Singh Ahluwalia and Bihar Chief Minister Nitish Kumar. According to Planning Commission Bihar is rapidly catching up with other developed states.

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Agriculture Growth target 4% in 12th Five Year Plan

Planning Commission Member and Steering Committee Chairman Abhijit Sen has recently said that farm sector target growth rate shall be 4% in the 12th Five Year Plan. The same target was set for 11th plan and Sen has blamed poor monsoon for missing the farm sector targets in the 11th Plan. Its worth note that ..

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Industrial growth 10.4 % in August

India’s Industrial growth has soared to a 22-month high of 10.4 per cent in August.Manufacturing output grew by 10.2 per cent in August, mining by 12.9 per cent and electricity production by 10.6 per cent. Of 17 industry groups, 14 showed positive growth.Reasons: According to Planning Commission deputy chairman Montek Singh Ahluwalia, stimulus measures the ..

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