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Question

The objective of the 12th 5 year Plan was ________

The correct answer is

Faster, sustainable and more inclusive growth

Understanding the Objective of the 12th Five Year Plan

India's Five Year Plans were comprehensive national economic programs developed, executed, and monitored by the Planning Commission of India (now replaced by NITI Aayog). Each plan had a specific set of objectives guiding the country's development path during that five-year period.

The 12th Five Year Plan (2012-2017)

The 12th Five Year Plan was the last of India's Five Year Plans. It covered the period from April 1, 2012, to March 31, 2017. The primary focus and stated objective of this plan were clearly defined.

Key Objective of the 12th Five Year Plan

The main objective adopted for the 12th Five Year Plan was to achieve "Faster, sustainable and more inclusive growth". Let's break down what each part of this objective signifies:

  • Faster Growth: This aimed for a higher rate of economic growth compared to previous plans, targeting around an 8% average annual growth rate, though actual achievements varied.
  • Sustainable Growth: This emphasized growth that is environmentally responsible and does not compromise the ability of future generations to meet their own needs. It included focusing on resource efficiency and environmental protection.
  • More Inclusive Growth: This aspect aimed to ensure that the benefits of growth reach all sections of society, particularly the poor and marginalized. It involved addressing issues like poverty, inequality, regional disparities, and social exclusion through focus on sectors like education, health, and skill development.

This comprehensive objective encapsulated the government's vision for the nation's development over the five-year period, focusing not just on increasing the size of the economy but also ensuring its quality, longevity, and equitable distribution of benefits.

Objective of the 12th Five Year Plan Summary
Plan Period Core Objective
12th Five Year Plan (2012-2017) Faster, sustainable and more inclusive growth

Comparing this objective with the given options, the objective "Faster, sustainable and more inclusive growth" directly matches the stated goal of the 12th Five Year Plan.

Revision Table: Five Year Plans Objectives

Key Objectives of Recent Five Year Plans
Five Year Plan Period Key Objective(s)
9th Plan 1997-2002 Growth with Social Justice and Equality
10th Plan 2002-2007 Centrally planned schemes, reduction of poverty
11th Plan 2007-2012 Towards Faster and More Inclusive Growth
12th Plan 2012-2017 Faster, Sustainable and More Inclusive Growth

Additional Information on the 12th Five Year Plan

Beyond the main objective, the 12th Five Year Plan set specific targets and goals across various sectors. Some of these included:

  • Achieving an average annual GDP growth rate of 8%.
  • Creating 50 million new work opportunities in the non-farm sector.
  • Raising the green cover by 1 million hectare every year.
  • Providing access to electricity to all villages.
  • Increasing access to higher education.
  • Reducing infant mortality rate (IMR) and maternal mortality ratio (MMR).

The plan laid significant emphasis on areas like infrastructure, health, education, and environmental sustainability to support its overarching objective of faster, sustainable, and more inclusive growth.

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Important Questions from Initiatives by Government

  1. Plan allocation in agriculture and irrigation as percentage of total plan outlay was highest in:

  2. The idea of Planning in Independent India was drawn from
  3. Match List I with List-II and select the correct answer using the code given below the Lists:

    List I

    (Major Objective)

    List II

    (Five Year Plan)

    A. Faster and more inclusive growth

    1. First

    B. Faster, more inclusive, and sustainable growth

    2. Fifth

    C. Correction of disequilibrium caused by the Second World War

    3. Eleventh

    D. Attaining self-reliance

    4. Twelfth

  4. The call for Garibi Hatao was incorporated in

  5. Which Five Year Plan of India focused on rapid industrialization based growth process?

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