ELEVENTH FIVE YEAR PLAN 2007 - 2012

Prepared By: Mahendra Joshi Roll no:1060

THE 11TH FIVE YEAR PLAN

THE BACKGROUND
As the planning commission points out, far too many people still lack access to basic services These problems are more severe in rural areas Poverty is estimated to have decreased at the rate of 0.79 % per year, which is disappointing The approach to the 11th Five Year Plan of India aims at faster and more inclusive growth

ELEVENTH PLAN PERSPECTIVE

Agriculture lost its growth momentum Jobs in the organised sector have not increased Percentage of population below poverty line is declining but at a modest pace Too many people still lack access to basic services Women continue to face discrimination The 11th plan approach emphasizes the need to restructure policies to achieve new vision It is to be based on inclusive growth, designed to reduce poverty, focusing on bridging various divides

VISION OF 11TH FIVE YEAR PLAN

The plan aim at a sustainable growth rate of approximately 10 % by the end of the plan period Create productive employment at faster pace Agriculture growth at 4 % per year Reduce disparities across regions & communities by ensuring access to basic physical infrastructure & health & education services

 Rapid growth is an essential part because,

To raise incomes of the mass of population to bring about general improvement in living conditions To generate resources needed to provide basic services to all

Planning commission suggests that economy can accelerate from 8 to 9 % per year With population growing at 1.5 % per year, 9 % growth in GDP would double the real per capita income in 10 years

GROWTH TARGET FOR THE 11TH PLAN

Average growth rate of around 9 % Setting right the neglect of rural infrastructure Provide education & health services to all Growing role of private investment through public private partnership

10th Plan (Actual)

1

11th Plan (Average)

9.0 4.1 10.5 9.9 35.1 10.2 24.9

Growth rate of GDP (%) 1a. Agriculture 1b. Industry

7.2 1.7 8.3 9.0 27.8 6.7 21.1

1c. services Investment rate (% of GDP) 2a. public 2b. Private

Domestic savings rate (% of GDP) 3a. Household 3b. Corporate 3c. PSEs 3d. Government

28.2
22.8

32.3
22.0

4.5
4.2 3.2

6.1
3.0 1.2

INDIAS GROWTH PERFORMANCE DURING PLANS

TARGET
1 2 3 4 5

ACTUAL 3.60

FIRST PLAN (1951-56)

2.1

SECOND PLAN (1956-61)

THIRD PLAN (1961-66) FOURTH PLAN (1969-74) FIFTH PLAN (1974-79)

4.5
5.6 5.7 4.4

4.21
2.72 2.05 4.83

6
7 8 9

SIXTH PLAN (1980-85)

SEVENTH PLAN (1985-90) EIGHTH PLAN (1992-97) NINTH PLAN (1997-02)

5.2
5.0 5.6 6.5

5.54
6.02 6.68 5.5

10
11

TENTH PLAN (2002-07)

ELEVENTH PLAN (2007-11)

8.0
9.0

7.2
?

EVALUATION OF ELEVENTH PLAN

[1] Growth in National Income & Per Capita Income: 2007-08 2008-09 [2] Sectoral Growth: 2007-08 2008-09 [3] Growth in Saving and Investment Rate: 2007-08 National Income 9% 7.1 % AGRICULTURE 4.5 % 2.6 % Per Capita Income 7.5 % 5.6 % INDUSTRY 8.5 % 2.8 % Saving Rate 34.8 % SERVICE 10.6 % 9.6 % Investment Rate 35.9 %

2008-09

37.7 %

39.0 %

[4] Growth in Exports and Imports:

Exports

Imports

2007-08
2008-09

28.9 %
12.4 %

35.4 %
24.4 %

[5] Growth in Foreign Exchange Reserves:

Forex reserves

2007-08
2008-09

US $ 311.90 billion
US $ 252.46 billion

[6] Increase in Prices: 2007-08 2008-09

Inflation rate 12.91 % in Aug, 08 0.26 %

7. Employment Generation:
During 2008-09, employment of 138.76 crore person days covering 3.51 crore households has been generated

8. Infrastructure Development:
Areas like power generation, transportation, irrigation, communication, etc. have been developed

9. Growth in Social Services:

Areas like health, education, safe drinking water, family welfare, sanitation, etc. have been given due attention Government has launched various social security schemes

THANK YOU!