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Economy News : Indian-commodity.com

Monday, October 29, 2007

Plan Committee Meet To Discuss On Faster, Inclusive Growth

New Delhi: The final document of the Eleventh Five-Year Plan (2007-12) to be discussed and permitted at the full meeting of the Planning Commission here on November 8. Even as the National Development Council (NDC) mandated objectives speak of an average GDP growth rate of 9 per cent to be accelerated to 10 per cent by the end of the Plan span, the document would reiterate that the focus and functions of growth would be to ensure its inclusiveness. The sources said against savings rate of 30.7 per cent in the 10th Plan, the 11th Plan savings rate as percentage of GDP wll be 32.3 per cent, while investment rate would be from a level of 31.4 per cent (actual) during the 10th Plan to 35.1 per cent in the 11th Plan.
Posted by Indian-commodity at 11:14 AM

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