Planning
Commission Deputy Chairman Dr. Montek Singh Ahluwalia says the country
is aiming to achieve a growth rate of nine per cent during the 12th Five
Year Plan.
Speaking at a Seminar on the Approach to the 12th Plan in Kochi, Dr. Ahluwalia said the focus of the plan period is to achieve a much faster, sustainable and inclusive growth in the country.
He said there is a need to pull more people out of agriculture sector and to focus on non-agricultural activities, such as manufacturing. He pointed out that if a large part of the population is left in such low productive sector such as agriculture, they will be deprived of the benefits of higher growth rate.
Dr. Ahluwalia said attempts should be made to curtail the growth of subsidies to achieve a growth rate of nine per cent. He said creation of employment opportunities, skill development of labour force, access to quality education, infrastructure development, curtailing energy requirements and efficient usage of water are important components of achieving inclusive growth.
Speaking at a Seminar on the Approach to the 12th Plan in Kochi, Dr. Ahluwalia said the focus of the plan period is to achieve a much faster, sustainable and inclusive growth in the country.
He said there is a need to pull more people out of agriculture sector and to focus on non-agricultural activities, such as manufacturing. He pointed out that if a large part of the population is left in such low productive sector such as agriculture, they will be deprived of the benefits of higher growth rate.
Dr. Ahluwalia said attempts should be made to curtail the growth of subsidies to achieve a growth rate of nine per cent. He said creation of employment opportunities, skill development of labour force, access to quality education, infrastructure development, curtailing energy requirements and efficient usage of water are important components of achieving inclusive growth.
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