Presented by Amit sahu

 The economy of India is based in part on planning

through there five-year plans, developed, executed and fiveplans, monitored by the Planning Commission.

 Each Five-Year Plan is proposed by the State Council to Fivethe National Peoples Congress for enactment as law. The preparation of the proposed Plan is the responsibility of the Commission for Economic Development and Reform in the State Council.

 Establish main targets of economic and social      

development Build a new socialist countryside Adjust and upgrade industrial structure main component dealing with subsidies Speed up service industry development Promote balanced regional development Build a resource-efficient and environment-friendly resourceenvironmentsociety Promote science and education

 Faster and More Inclusive Growth ; growth rate of

approximately 10% by the end of plan period; growth of 4% in agriculture sector, faster employment creation, reducing disparities across regions and ensuring access to health and education services.

 GDP growth and inflation targets are set conservatively;

economic forces will accomplish them with little government effort.

 GDP growth for the 11th Plan is likely to be 8.2%, which is less than
the target of 9%, but is a remarkable achievement given the worst drought in 30 years and the global recession.

 Agricultural growth has improved from 2% in the Tenth Plan to 3%,

but this is below the 4% target. There has also been progress in poverty reduction .

Focus on Budget 2011-12

Rashtriya Krishi Vikas Yojana (RKVY) allocation is being increased from Rs 6,755 crore in 2010-11 to Rs 7,860 crore in 2011-12 Raising the target of credit flow to the farmers from 3,75,000 crore this year to 4,75,000 crore in 2011-12 Government to come out with a manufacturing policy as share of manufacturing in GDP expected to grow from 16% to 25% in next 10 years Government to allocate Rs.214,000 crore for infrastructure sector in 2011-12, up 23.3% from 2010-2011

 12th Plan must be faster, more inclusive and sustainable growth.  Better performance in agriculture (at least 4% growth).  Faster creation of jobs in manufacturing.  There must be a much stronger effort at health, education and skill
development

 We are therefore proposing a target range of GDP growth of 9 to

9.5%. 9.5%.

THANK YOU