12th Plan Outlay Proposed at 
47.7 Lakh Crore
Bangalore: Aimed at pushing the average annual economic growth to 8.2 percent during the 12th Plan (2012-17), the Planning Commission has proposed total outlay of 
47.7 lakh crore during the five-year long policy period.
The total investment proposal during the period represents an 135 percent increase over investments achieved in the 11th Plan (2007-12), sources said.
Out of the proposed expenditure of 47.7 lakh crore, the Centre will have to provide 27.1 lakh crore as budgetary support to Plan activities. The remaining amount will have to be raised by the central ministries and departments through internal and extra budgetary resources.
The 12th Plan document, which is being given final touches by the Commission, will be placed before the meeting of the Full Planning Commission to be chaired by Prime Minister Manmohan Singh on September 16. Besides other things, the Commission proposes to raise the average annual growth target during the five-year period to 8.2 percent, as against 7.9 percent achieved in the 11th Plan.
The document, which provides details of different growth scenarios for the five-year period, has cautioned that growth rate could slip to 5 percent this fiscal if adequate steps were not taken to boost investment. As per the investment proposal, the five-year outlay for the ministry of petroleum and Natural gas has been pegged at 5.6 lakh crore, representing an increase of 116 percent over the investment in the 11th Plan.
The total outlay for the Railways in the 12th Plan is being proposed at 4 lakh crore, up from 1.9 lakh crore in the previous Plan. Similar amounts will be spent on rural development and power. The allocation for steel ministry has been pegged at 3 lakh crore, road and highways ministry 2.2 lakh crore and urban development 1.35 lakh crore during the five-year period.
Source: PTI
47.7 lakh crore during the five-year long policy period.
The total investment proposal during the period represents an 135 percent increase over investments achieved in the 11th Plan (2007-12), sources said.
Out of the proposed expenditure of 47.7 lakh crore, the Centre will have to provide 27.1 lakh crore as budgetary support to Plan activities. The remaining amount will have to be raised by the central ministries and departments through internal and extra budgetary resources.
The 12th Plan document, which is being given final touches by the Commission, will be placed before the meeting of the Full Planning Commission to be chaired by Prime Minister Manmohan Singh on September 16. Besides other things, the Commission proposes to raise the average annual growth target during the five-year period to 8.2 percent, as against 7.9 percent achieved in the 11th Plan.
The document, which provides details of different growth scenarios for the five-year period, has cautioned that growth rate could slip to 5 percent this fiscal if adequate steps were not taken to boost investment. As per the investment proposal, the five-year outlay for the ministry of petroleum and Natural gas has been pegged at 5.6 lakh crore, representing an increase of 116 percent over the investment in the 11th Plan.
The total outlay for the Railways in the 12th Plan is being proposed at 4 lakh crore, up from 1.9 lakh crore in the previous Plan. Similar amounts will be spent on rural development and power. The allocation for steel ministry has been pegged at 3 lakh crore, road and highways ministry 2.2 lakh crore and urban development 1.35 lakh crore during the five-year period.
