The main objective of the 12th Five-Year Plan isa)inclusive growth an...
The correct answer is faster, sustainable and more inclusive growth.
- The Twelfth Five Year Plan lasted from 2012-2017.
- It was launched with the objective of faster, sustainable, and more inclusive growth.
- It was the last five-year plan.
- The plan was under the leadership of Manmohan Singh and Narendra Modi.
- Its growth rate target was 8%.
- Later, the government has dissolved the Planning Commission with the NITI Aayog.
Additional Information - Few objectives of the Twelfth Five-Year Plan were:
- To remove gender and social gap in school enrolment.
- To enhance access to higher education.
- To reduce malnutrition among children aged 0–3 years.
- To provide electricity to all villages.
- Generate 50 million new work opportunities in the non-farm sector
The main objective of the 12th Five-Year Plan isa)inclusive growth an...
The 12th Five-Year Plan, which was implemented by the Government of India from 2012 to 2017, had the main objective of achieving faster, sustainable and more inclusive growth. This plan aimed to address some of the major challenges faced by the country, such as poverty, unemployment, and environmental degradation, and create a more equitable and prosperous society.
Objectives of 12th Five-Year Plan:
The key objectives of the 12th Five-Year Plan were as follows:
1. Achieving a higher rate of economic growth: The plan aimed to achieve an average annual growth rate of 8%, which was higher than the 7.9% achieved during the 11th Five-Year Plan.
2. Reducing poverty and inequality: The plan aimed to reduce poverty by 10 percentage points and ensure that the benefits of growth were more evenly distributed across different sections of society.
3. Promoting inclusive development: The plan aimed to promote inclusive development by focusing on sectors such as agriculture, health, education, and social welfare, and ensuring that the benefits of growth reached the marginalized sections of society.
4. Addressing environmental challenges: The plan recognized the importance of sustainable development and aimed to address environmental challenges such as climate change, deforestation, and pollution.
5. Creating employment opportunities: The plan aimed to create more employment opportunities, particularly in the manufacturing and service sectors, and reduce unemployment.
6. Strengthening infrastructure: The plan aimed to strengthen infrastructure, particularly in areas such as power, transport, and communication, to support faster and more sustainable economic growth.
7. Promoting innovation and technology: The plan recognized the importance of innovation and technology in driving economic growth and aimed to promote research and development in various sectors.
Conclusion:
Overall, the 12th Five-Year Plan aimed to create a more prosperous and equitable society by promoting faster, sustainable, and more inclusive growth. While there were some challenges in achieving these objectives, the plan laid the foundation for many of the reforms and policies that have been implemented in recent years to drive economic growth and improve the lives of people in India.