10th plan target of 8 pc not possible; 7-8 pc in 2005-07: PM
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10th plan target of 8 pc not possible; 7-8 pc in 2005-07: PM

By agencies   |   Monday, 27 June 2005, 07:00 Hrs
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NEW DELHI: Projecting a 7-8 percent growth in the next two years, Prime Minister Manmohan Singh on Monday asked states to chalk out ambitious plans to double farm production, which has been a drag in GDP performance.

The growth target for the tenth plan was set at 8.1 percent and the mid-term appraisal shows that it has been averaging 6.5 percent in the past three years, Singh said, adding the UPA Government aims to achieve 7.8 percent in the last two years of tenth plan 2005-07.

In an apparent attack on the NDA Government, Singh told the National Development Council meeting that "even if we achieve this acceleration, we cannot achieve the original tenth plan target of 8 percent over the plan period as a whole."

Noting that performance of agriculture has been disturbing in recent years, the Prime Minister said, "We must have the ambition to double our agriculture producing in ten years.... I would urge the Chief Ministers to consider how the Center and states can cooperate in this area."

Perhaps an NDC sub-committee may be considered to work out the necessary steps for concrete action, he said.




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