Eleventh Five Year Plan to be placed before National Development CouncilNovember 30th, 2007 - 2:04 pm ICT by admin
New Delhi, Nov 30 (ANI): The Union Cabinet today gave its approval for placing the Draft document of Eleventh Five Year Plan (2007-12) before the National Development Council (NDC) that would enable its operationalisation in full.
The 11th Plan aims to increase the average economic growth to nine per cent from 7.6 per cent in the Tenth Plan.
The 11th Plan also proposes to increase farm sector growth rate to four per cent from 2.13 per cent in the previous Plan.
The Plan, which has been formulated with the aim of making economic growth more inclusive, proposes to reduce poverty by ten percentage points, generate seven crore new employment opportunities and reduce unemployment among educated persons to less than five per cent.
The Plan will also focus on the education sector by increasing the outlay to 19 per cent of the Central budgetary support from less than eight per cent in the previous Plan. (ANI)
Tags: aim, budgetary support, crore, draft document, economic growth, education sector, eleventh, employment opportunities, farm sector, national development council, ndc, New Delhi, percentage points, poverty, sector growth, union cabinet