What was the growth target for twelfth five year plan in India?
Show answer & explanation
Correct answer: C
Explanation
Twelfth Five-Year Plan (2012-2017) -
The Twelfth Five-Year Plan was India's last official five-year plan. Following this, the Planning Commission was abolished and the NITI Aayog was established.
Growth Goal: This plan initially targeted a 9% growth rate, but the National Development Council (NDC) later revised it to 8%.
Theme: "Faster, More Inclusive and Sustainable Growth."
Objectives: 1. Achieve a 4% growth rate in the agricultural sector.
2. Achieve a 10% growth rate in the manufacturing sector.
3. Reduce poverty by 10 percentage points.
4. Create 50 million new jobs in the non-agricultural sector.