The main objective of the 12th Five-Year Plan is

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Q: 29 (IAS/2014)
The main objective of the 12th Five-Year Plan is

question_subject: 

Economics

question_exam: 

IAS

stats: 

0,141,136,34,48,54,141

keywords: 

{'inclusive growth': [0, 0, 2, 5], 'poverty reduction': [0, 0, 1, 2], 'year plan': [0, 0, 1, 8], 'sustainable growth': [0, 0, 0, 2], 'main objective': [1, 0, 0, 4], 'unemployment': [0, 0, 0, 1]}

The 12th Five-Year Plan of India (2012-2017) had the main objective of achieving faster, sustainable, and more inclusive growth. The plan focused on increasing the growth rate of the country`s Gross Domestic Product (GDP) to 8-9% per year, which was necessary for India to become a middle-income country. The plan aimed to achieve this growth rate by promoting infrastructure development, encouraging investments, and improving productivity. In addition, the plan also emphasized the need for inclusive growth, which meant that the benefits of growth should reach all sections of society, particularly the marginalized and underprivileged. The plan also focused on improving social indicators such as health, education, and gender equality. Overall, the 12th Five-Year Plan aimed to ensure that India achieved rapid and sustainable economic growth while reducing poverty and promoting social inclusion.