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Prof Vibhuti Patel How Inclusive is the Eleventh Five

Prof Vibhuti Patel How Inclusive is the Eleventh Five 2025

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The document outlines the importance of financial discipline in executing development projects, emphasizing that expenditures should not exceed the approved cost by more than 15% without revising the scheme. It instructs executing agencies to prepare revised schemes promptly when costs are projected to rise and clarifies that any further increases beyond a revised cost also require approval from the Executive Committee of the National Economic Council (ECNEC). The communication aims to ensure adherence to financial regulations and proper oversight in project management.

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What was the main focus of the 12th Five Year Plan in India?

The 12th Five Year Plan (2012-2017) was launched with the objective of faster, sustainable, and more inclusive growth. It aimed to increase the GDP at a faster pace such that each strata of the society is a part of and contributed to the growth and hence foster an environment of inclusive growth that is sustainable.

What is the 11th Five Year Plan of India?

The Eleventh Five Year Plan, which was approved by the National Development Council on 19 December 2007 reaffirms this commitment. It provides a comprehensive strategy for inclusive development, building on the growing strength of the economy, while also addressing weaknesses that have surfaced.

Why was the 5 year plan discontinued in India?

Then, the FYPs were discontinued because the Indian government decided to adopt a more flexible approach to planning. The NITI Aayog, established in 2015, replaced the Planning Commission and introduced a three-year action plan, along with a 15-year vision document and a seven-year strategy to achieve long-term goals.

What is the main objective of Indian planning class 11?

The main two objectives of planning in India are economic growth and an increase in the employment level. Economic growth plays an important role to run a country.

What is the 11th Five Year Plan in India?

Eleventh Plan (20072012) Rapid and inclusive growth (poverty reduction). Emphasis on social sector and delivery of service therein. Empowerment through education and skill development. Reduction of gender inequality.