State with reasons whether you agree or not.
The Tenth Five Year Plan did not achieve any thing.
The Tenth Five Year Plan did not achieve any thing.
It would not be appropriate to say that the Tenth Five Year Plan did not achieve any thing.
Growth rate- The Economic Survey, 2007-08 reveals that the growth rate of GDP at 1999-2000 prices was only 3.6 per cent in 2002-03 but then jumped up to 8.6 per cent and 7.3 per cent in 2003-04 and 2004-05 respectively and then attained 9.6 per cent in 2005-06 and 9.7 per cent in 2006-07.
2. Gross Domestic Savings and Capital formation:- During Tenth Plan, the gross domestic savings attained a growth rate of 26.4 per cent in 2002-03 and 29.8 per cent in 2003-04 and 34.8 per cent in 2006-07. Again the gross domestic capital formation of the country attained a growth rate of 25.2 per cent in 2002-03 and then to 28.2 per cent in 2003-04 and 35.9 per cent in 2006-07.
3. Employment growth- On the whole, the Tenth Plan aimed at creation of approximately 50 million employment opportunities—30 million from normal process of growth and additional 20 million from special initiatives— during the period of five years.
4.Sectoral growth- Although the draft Tenth Plan had set a target to attain annual average growth rate of 3.97 per cent in Agriculture and allied sector, but during the Tenth Plan it has attained (-) 7.2 per cent in 2002- 03 and then to 10.0 per cent in 2003-04 and 6.0 per cent in 2005-00 and is expected to attain only 2.7 per cent in 2006-07. Total production of food grain increased from 179.4 million tonnes in 2002-03 to 212.4 million tonnes in 2003-04 and then to 217.3 million tonnes in 2006-07. Thus the agriculture and allied sector has been showing a mixed performance.
As against the targeted growth rate of 9.82 per cent in the industrial and manufacturing sector during the Tenth Plan, this sector could attain on an average 7.46 per cent during the first three years of the plan.
In contrast to the sharp fluctuations in agriculture, industry and services have continued to expand steadily. Indeed, since the beginning of the Tenth Plan in 2002-03, with annual growth of 7.0 per cent or more, industry and services have acted as the twin engines propelling overall growth of the economy.
It would not be appropriate to say that the Tenth Five Year Plan did not achieve any thing.
Growth rate- The Economic Survey, 2007-08 reveals that the growth rate of GDP at 1999-2000 prices was only 3.6 per cent in 2002-03 but then jumped up to 8.6 per cent and 7.3 per cent in 2003-04 and 2004-05 respectively and then attained 9.6 per cent in 2005-06 and 9.7 per cent in 2006-07.
2. Gross Domestic Savings and Capital formation:- During Tenth Plan, the gross domestic savings attained a growth rate of 26.4 per cent in 2002-03 and 29.8 per cent in 2003-04 and 34.8 per cent in 2006-07. Again the gross domestic capital formation of the country attained a growth rate of 25.2 per cent in 2002-03 and then to 28.2 per cent in 2003-04 and 35.9 per cent in 2006-07.
3. Employment growth- On the whole, the Tenth Plan aimed at creation of approximately 50 million employment opportunities—30 million from normal process of growth and additional 20 million from special initiatives— during the period of five years.
4.Sectoral growth- Although the draft Tenth Plan had set a target to attain annual average growth rate of 3.97 per cent in Agriculture and allied sector, but during the Tenth Plan it has attained (-) 7.2 per cent in 2002- 03 and then to 10.0 per cent in 2003-04 and 6.0 per cent in 2005-00 and is expected to attain only 2.7 per cent in 2006-07. Total production of food grain increased from 179.4 million tonnes in 2002-03 to 212.4 million tonnes in 2003-04 and then to 217.3 million tonnes in 2006-07. Thus the agriculture and allied sector has been showing a mixed performance.
As against the targeted growth rate of 9.82 per cent in the industrial and manufacturing sector during the Tenth Plan, this sector could attain on an average 7.46 per cent during the first three years of the plan.
In contrast to the sharp fluctuations in agriculture, industry and services have continued to expand steadily. Indeed, since the beginning of the Tenth Plan in 2002-03, with annual growth of 7.0 per cent or more, industry and services have acted as the twin engines propelling overall growth of the economy.
