Cabinet approves 12th Five-Year Plan
New Delhi: The union cabinet on Thursday approved the 12th Five-Year Plan (2012-17) that seeks an average annual economic growth of 8.2 percent and identifies infrastructure, health and education as thrust areas.
Reuters
"It's an ambitious plan," Finance Minister P. Chidambaram said after a meeting of the cabinet, adding that it gives a broad definition of inclusiveness and "expand interventions" in the social sector.
The Plan sets targets for poverty alleviation, infant mortality, enrolment ratio and job creation.
Chidambaram said the Plan stressed speeding up infrastructure projects, removing bottlenecks.
(Continued)
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