What is the main aim of 12th five year plan?
Twelfth Five Year Plan (2012-2017) was launched with the objective of faster, sustainable and more inclusive growth. It aimed to increase the GDP at a faster pace such that each strata of the society is a part of and contributed to the growth and hence foster an environment of inclusive growth which is sustainable.
What are the achievement of 12th five year plan?
India has now 3 million km of road network making it one of largest in the world. Other modes of transport like shipping, civil aviation have also widened phenomenally. 3. Development of Basic and Capital Goods Industries: Major area of success of Indian planning is growth of basic and capital goods industries.
What is the Twelfth Five Year Plan of India?
12th Five Year Plan of the Government of India (2012–17) was India’s last Five Year Plan.
Which 5 year plan is going on in 2021?
The decades-old five-year plan is now replaced with the new three-year action plan, which will be a part of the seven-year strategy paper and 15-year vision document. 7. The Niti-Aayog, which replaced the planning commission had launched a three-year action plan on April 1, 2017, which is valid ill 2020.
What are the objectives of India’s five year plans?
Long term objectives of Five Year Plans in India are:
- High Growth rate to improve the living standard of the residents of India.
- Economic stability for prosperity.
- Self-reliant economy.
- Social justice and reducing the inequalities.
- Modernization of the economy.
Which sector has highest allocation in 12th Five Year?
The correct answer is Power. In Rajasthan Twelfth Five Year Plan the maximum allocation is proposed for Power (36.92%), followed by Social & Community Services (35.28%).
Was the 12th five year plan successful?
Twelfth Plan (2012–2017) The Twelfth Five-Year Plan of the Government of India has been decided to achieve a growth rate of 9% but the National Development Council (NDC) on 27 December 2012 approved a growth rate of 8% for the Twelfth Plan.
Which is the most successful five-year plan?
The correct answer is Eleventh plan. Eighth Five Year Plan: Its duration was from 1992 to 1997, under the leadership of P.V. Narasimha Rao.
