NDC approves 12th Five Year Plan

Country's apex policy making body NDC has approved the strategy to achieve Average Growth Rate of 8% during the 12th Five Year Plan (2012-17), generate 50 million new jobs and increase investments in infrastructure sector. Planning Commission Deputy Chairman Montek Singh Ahluwalia said: "We expect with the growth rate of 5.8 per cent this fiscal and little over 7 per cent next fiscal, and with extra effort in the remaining three more years we can reach 8 per cent.