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PYQ 1200 Q/A Part - 1
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Kerala PSC Indian Economy Book Study Materials Page 111
Book's First Pagelannin in ndia 5.25 Eleventh Plan (i) Restoring dynamism in agriculture, The Plan targets a growth rate of 10 per cent and (ii) Managing India’s water resources, emphasises the idea of ‘inclusive growth’. In the (iii) Problems in achieving power generation approach paper, the Planning Commission shows targets, its concerns regarding realising the growth targets (iv) Issues pertaining to urbanisation, and on account of the compulsions towards the Fiscal (v) Special problems of tribal development. Responsibility and Budget Management Act. In In respect of agriculture, the mid-term recent times some aberrations in the economy appraisal notes that though performance of have started to increase the government’s concerns agriculture and the rate of growth in the Eleventh in meeting the Plan target of 10 per cent growth. Plan is likely to be better than that in the Tenth The major concerns are: Plan, it may, however, not reach the target of 4 (i) A higher inflation (above 6 per cent) per cent per year. The need to focus on agriculture led to the tightening of the credit policy and other critical issues mentioned above would forcing lower investment in the economy require concerted action by the Centre and the (which will lower production); states. (ii) A stronger rupee is making export The Review by the PC regarding the Poverty earnings shrink fast; Estimates is also important when the issue has (iii) Costlier foodgrains and other primary become a matter of debate in the country. The articles playing havoc for the poor masses; Planning Commission is the nodal agency for (iv) Costlier oil prices becoming a burden for estimating poverty in the country, both at the the national exchequer; etc. national level and across the states. It estimates Not only the government but the poverty on the basis of poverty line defined Confederation of Indian Industry (CII) as well as in terms of monthly per capita consumption the World Bank expressed doubts in the Eleventh expenditure. The Commission has been estimating Plan realising the ambitious 10 per cent growth. poverty line and poverty ratio since 1997 on the basis of the methodology contained in the report Eleventh Plan: Performance of the Expert Group on ‘Estimation of Number The Planning Commission (PC) had attempted and Proportion of Poor’ (known as Lakdawala the mid-term appraisal of the Plan, which Committee Report). The Head-count poverty ratio was considered and approved by the National has been estimated by using the above mentioned Development Council in July 2010. The poverty lines from a large size sample survey of appraisal document reviewed the developments household consumption expenditure carried out and provided a comprehensive assessment of the by the National Sample Survey Office (NSSO) performance of the economy during the Eleventh with an interval of 5 years approximately. Plan period so far, in different sectors, together The Planning Commission constituted an with suggested mid-course corrections. It has Expert Group in December 2005 under the drawn attention to the problems in some selected chairmanship of Prof. Suresh D. Tendulkar areas and identified constraints that would be of to review the methodology for estimation of relevance for the balance period of the Eleventh poverty. The Expert Group submitted its report in Plan and also for the Twelfth Plan. These include December 2009. While acknowledging the multi- inter-alia: dimensional nature of poverty, the Expert Group