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Towards Rapid, Inclusive and sustainable growth
Manmohan Singh |
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The Approach Paper outlines the challenges we face in achieving our goal of rapid, inclusive and sustainable growth over the next five years. As we ch...
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Prospects and Policy Challenges in the Twelfth Plan Montek S Ahluwalia |
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The Indian economy will enter the Twelfth Plan period in an environment of great promise, but the next five years will also be a period of major chall...
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Rural Transformation and Sustained Growth of Agriculture M S Swaminathan |
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Mahatma Gandhi frequently pointed out, “Gram Swaraj is the pathway to Purna Swaraj”. Also while addressing some young students who wanted to serve rur...
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Putting Growth in its Place Jean Drèze Amartya Sen |
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Is India doing marvellously well, or is it failing terribly? Depending on whom you speak to, you could pick up either of those answers with some frequ...
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Infrastructure Investment in the Eleventh Plan and Prospects Manoj Singh |
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The Midid-Term Appraisal of the Eleventh Plan reiterated a known fact that weaknesses in infrastructure, particularly in the energy and transport sect...
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EDITORIAL
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About the Issue |
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The Draft Approach to the 12th Five Year Plan (2012-2017) has been approved by
the National Development Council. The theme of the Approach Paper is "faster,
sustainable and more inclusive growth". The document was prepared by the Planning
Commission after wide ranging consultations with the states, various stakeholders,
economists, web based interactions and in-house discussions.
The Approach Paper lays down t...
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Towards Rapid, Inclusive and sustainable growth
Manmohan Singh |

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The Approach Paper outlines the challenges we face in achieving our goal of rapid, inclusive and sustainable growth over the next five years. As we chart our course for the 12th Plan, we must take note of what is happening in the world economy, and in our neighbourhood and shape our policies accordingly. The world is going through a major realignment of economic power. Industrialised countries are slowing down, emerging market economies are gaining weight and regionally, Asia is gaining weight. As an emerging market economy in Asia, we stand to gain on both counts. Our policies in the 12th five year Plan must therefore be shaped to take full advantage of these emerging possibilities.
As planners, we need to ask what government should do to achieve our social and economic objectives? Much of the growth process is now driven by actors outside the direct control of government. This includes small and big farmers, small and medium entrepreneurs and of course the private corporate sector,
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Regular
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J&K Window : 'Mission Saffron ' Project in Pampore |
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Pampore would have just been a small nondescript town 11 km away from Srinagar but for the swathe of saffron flowers that bloom just above the fields outside it every autumn. Last October the painstaking plucking of these purple flowers have brought a rare happiness among farmers here. There has been a marginal increase in both the production and prices of saffron. "Prices fluctuate because of demand and supply problem but this time it is around Rs 1,000 to Rs 1,020 per 10 grams," says Bilal Ahmad Rather, a farmer.
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do you know?: National Development Council |
What is the National Development Council?
The National Development Council (NDC) or the Rashtriya Vikas Parishad was set up on August 6, 1952 to strengthen and mobilize the effort and resources of the nation in support of the Plan, to promote common economic policies in all vital spheres, and to ensure the balanced and rapid development of all parts of the country. The Council, which was reconstituted on October 7, 1967, is the highest decision-making authority in the country on development matters.
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