A meeting of the full Planning Commission will take place in New Delhi on Saturday to discuss the growth targets for the 12th Five Year Plan. The Prime Minister Dr. Manmohan Singh will chair the meeting. Talking to reporters Planning Commission Deputy Chairman Montek Singh Ahluwalia said the current fiscal is likely to see an 8 percent GDP growth, as against 8.5 percent during the previous year. He said one of the key issues in the Approach Paper to the 12th Plan will be the effective implementation of programmes with transparency and accountability. Mr Ahluwalia said, the agriculture sector has performed better in the 11th plan but the 4 percent growth rate target in this sector can not be achieved. He said, water will be one of the main issues, besides other important sectors like energy and employment generation. Mr. Ahluwalia expressed concern over excess exploitation of ground water. He said, India will be the third largest economy in the next 20 years after China and the United States.