Five-Year Plans of India Current Affairs, GK & News

Union Cabinet approves XII Plan

October 7, 2012

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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Planning Commission approves Rs. 3,535 cr annual plan 2012-13 for Arunachal Pradesh

July 14, 2012

Planning Commission approved the Annual Plan Size 2012-13 for Arunachal Pradesh at Rs. 3,535 crores. The plan has seen a 20.1%, increase over last year’s revised outlay of Rs. 2942.6 crores. The state was highly praised by Planning Commission for its outstanding performance in third party monitoring and agriculture and horticulture sectors. The Commission looked ..

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Planning Commission setting target of reducing poverty by 10% by end of 12th plan

July 8, 2012

By the end of the 12th plan, the Planning Commission is setting a target of bringing down poverty by 10%. The Commission had set a like target during the 11th Five Year Plan (2007-12). As per the data, the rate of poverty reduction b/w 2004-05 to 2009-10 was 1.5% every year whereas it was 0.7% ..

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

June 28, 2012

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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Rs 36,000 Crore in order to ameliorate sanitation in rural areas in 12th Plan: Planning Commission

June 8, 2012

Planning Commission allocates Rs 36,000 crore in the 12th Five Year Plan for improving sanitation in Rural Areas It is an increment from Rs 7,800 crore in the previous Plan About 60% of open defecation in the world are in India Government targets to achieve total sanitation in the country in the next 10 years ..

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Plan Expenditures, Non-Plan Expenditures & Gross Budgetary Support

November 5, 2011

This article differentiates Plan Expenditure, Non-Plan Expenditure and Gross Budgetary Support and explains why the Rangarajan Panel calls for removal of plan, non-plan distinction. We all know about the Five Year Plans. In the annual budgets, the central plan is the government’s annual expenditure sheet, which follows the five year roadmap developed for the Five year Plan. ..

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