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The main objective of the 12th Five-Year Plan is
[2014]
  • a)
    Inclusive growth and poverty reduction
  • b)
    Inclusive and sustainable growth
  • c)
    Sustainable and inclusive growth to reduce unemployment
  • d)
    Faster, sustainable and more inclusive growth
Correct answer is option 'D'. Can you explain this answer?
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Themainobjectiveofthe 12th Five-Year Plan is[2014]a)Inclusive growth a...
12th Five Year Plan of the Government of India (2012-17) aims at faster, sustainable and more inclusive growth.
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Themainobjectiveofthe 12th Five-Year Plan is[2014]a)Inclusive growth a...
The main objective of the 12th Five-Year Plan is Faster, sustainable and more inclusive growth.

The 12th Five-Year Plan (2012-2017) was formulated by the Government of India with the objective of achieving faster, sustainable, and more inclusive growth. This plan aimed to address the challenges faced by the country in various sectors and promote equitable development across different regions and sections of society.

Faster Growth:
- The 12th Five-Year Plan aimed to accelerate the pace of economic growth in India. It focused on increasing the rate of GDP growth and achieving a higher level of industrialization.
- The plan aimed to achieve an average annual growth rate of 8-9% in GDP, which was considered crucial for generating employment opportunities and reducing poverty.
- It emphasized the need for investment in infrastructure development, particularly in sectors such as power, transportation, and urban development, to support faster economic growth.

Sustainable Growth:
- The plan recognized the importance of sustainable development and aimed to promote environmentally sustainable practices in various sectors.
- It emphasized the need for resource conservation, energy efficiency, and reduction of carbon emissions to mitigate the adverse effects of climate change.
- The plan also focused on sustainable agriculture practices, water resource management, and conservation of biodiversity.

Inclusive Growth:
- The 12th Five-Year Plan aimed to ensure that the benefits of economic growth reach all sections of society, particularly the marginalized and disadvantaged groups.
- It emphasized the need for inclusive policies and programs to reduce poverty, inequality, and social exclusion.
- The plan aimed to provide equal opportunities for education, healthcare, and skill development to all citizens, regardless of their social and economic background.
- It also focused on promoting inclusive financial services, such as banking and insurance, to enable financial inclusion for all sections of society.

Conclusion:
The 12th Five-Year Plan had the main objective of achieving faster, sustainable, and more inclusive growth. It aimed to address the developmental challenges faced by India and promote equitable development across the country. The plan focused on accelerating economic growth, promoting sustainable practices, and ensuring inclusive development for all sections of society.
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Themainobjectiveofthe 12th Five-Year Plan is[2014]a)Inclusive growth and poverty reductionb)Inclusive and sustainable growthc)Sustainable and inclusive growth to reduce unemploymentd)Faster, sustainable and more inclusive growthCorrect answer is option 'D'. Can you explain this answer?
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