The Full Planning Commission is meeting tomorrow to take a decision on giving approval to the 12th Plan document that seeks to raise the average annual economic growth during the five-year period ending March 2017 to 8.2 per cent. The meeting will be chaired by the Chairman of the Commission and the Prime Minister Dr Manmohan Singh. AIR correspondent reports, the meeting will also vet various other social sector targets relating to poverty alleviation, infant mortality, enrollment ratio and job creation. Once the document is approved by the full Plan panel, it will be vetted by the Union Cabinet and then placed before the National Development Council (NDC), the apex decision making body, for final approval.
Besides other things, the 12th Plan seeks to achieve 4 per cent agriculture sector growth during the Plan period. The growth target for manufacturing sector has been pegged at 10 per cent. The total plan size has been proposed at Rs 47.7 lakh crore, 135 per cent more that the investments realised in the 11th Plan (2007-12).The meeting will be attended by regular Planning Commission members and key Cabinet ministers.