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IMF pegs India’s growth in 2012 at 6.9%

The IMF (International Monetary Fund) has pegged growth in India’s GDP for 2012 at 6.9%, scaling down the forecast by 0.1% points, compared to its projection in January 2012. It attributed the moderating growth outlook to policy dubiety, supply constrictions, high interest rates and low external demand. Step-up of the euro zone crisis and tensions ..

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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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First Five Year Plan

Since 1951 India has completed 11 five year plans and 12th five year plan is about to finish in 2017.  Each five year plan started from April 1 of a particular and ended on March 31 of a particular year, so by convention the five year plans take on 5 financial years. India’s First Five ..

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