Twelfth Five Year Plan

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The Twelfth Five Year Plan (2012-2017) was the Economic Development plan of India for the period 2012 to 2017. It was approved by the National Development Council on 28 February 2012. The plan was based on the theme of “Fast, Sustainable and “.

The plan had 12 sub-topics:

  1. Agriculture and allied sectors
  2. IndustryIndustry and manufacturing
  3. Services sector
  4. InfrastructureInfrastructure
  5. Social sector
  6. Human resource development
  7. Science and technology
  8. Innovation
  9. Energy
  10. EnvironmentEnvironment
  11. Climate Change
  12. Disaster management

The plan aimed to achieve a growth rate of 8% per annum, reduce poverty by 10%, create 100 million new jobs, and improve the quality of life of the people.

The plan was implemented by the of India. The Planning Commission was dissolved in 2014 and its functions were transferred to the National Institution for Transforming India (NITI Aayog).
The Twelfth Five Year Plan (2012-2017) was the economic development plan of India for the period 2012 to 2017. It was approved by the National Development Council on 28 February 2012. The plan was based on the theme of “Fast, Sustainable and Inclusive Growth”.

The plan had 12 sub-topics:

  1. Agriculture and allied sectors
  2. Industry and manufacturing
  3. Services sector
  4. Infrastructure
  5. Social sector
  6. Human resource development
  7. Science and technology
  8. Innovation
  9. Energy
  10. Environment
  11. Climate change
  12. Disaster management

The plan aimed to achieve a growth rate of 8% per annum, reduce poverty by 10%, create 100 million new jobs, and improve the quality of life of the people.

The plan was implemented by the Planning Commission of India. The Planning Commission was dissolved in 2014 and its functions were transferred to the National Institution for Transforming India (NITI Aayog).

The Twelfth Five Year Plan was a success in many ways. The economy grew at an average rate of 7.4% per annum, poverty was reduced by 10%, and 100 million new jobs were created. However, the plan also faced some challenges. The implementation of the plan was hampered by a number of factors, including the global financial crisis, the rise in oil prices, and the drought of 2015.

Despite these challenges, the Twelfth Five Year Plan was a significant achievement for India. It helped to lay the foundation for a more prosperous and inclusive future for the country.

Here are some of the key achievements of the Twelfth Five Year Plan:

  • The economy grew at an average rate of 7.4% per annum, which was higher than the target of 8%.
  • Poverty was reduced by 10%, from 22% in 2011 to 20% in 2017.
  • 100 million new jobs were created, which helped to reduce unemployment.
  • Infrastructure was improved, with the construction of new roads, railways, and AirportsAirports.
  • The social sector was strengthened, with investments in education, health, and nutrition.
  • Science and technology were promoted, with the establishment of new research and development centers.
  • Innovation was encouraged, with the launch of the Startup India initiative.
  • Energy efficiency was improved, with the launch of the National Mission for Enhanced Energy Efficiency.
  • The environment was protected, with the launch of the National Mission for Sustainable Development.
  • Climate change was addressed, with the launch of the National Action Plan on Climate Change.
  • Disaster management was improved, with the launch of the National Disaster Management Plan.

The Twelfth Five Year Plan was a success in many ways. It helped to lay the foundation for a more prosperous and inclusive future for India. However, there are still many challenges that need to be addressed. The economy needs to be further strengthened, poverty needs to be further reduced, and jobs need to be created for the growing population. The social sector needs to be further improved, and science and technology need to be further promoted. Innovation needs to be further encouraged, and energy efficiency needs to be further improved. The environment needs to be further protected, and climate change needs to be further addressed. Disaster management needs to be further improved.

Despite these challenges, the Twelfth Five Year Plan was a significant achievement for India. It helped to lay the foundation for a more prosperous and inclusive future for the country.
Here are some frequently asked questions about the Twelfth Five Year Plan (2012-2017):

  1. What was the theme of the Twelfth Five Year Plan?

The theme of the Twelfth Five Year Plan was “Fast, Sustainable and Inclusive Growth”.

  1. What were the objectives of the Twelfth Five Year Plan?

The objectives of the Twelfth Five Year Plan were to achieve a growth rate of 8% per annum, reduce poverty by 10%, create 100 million new jobs, and improve the quality of life of the people.

  1. What were the sub-topics of the Twelfth Five Year Plan?

The sub-topics of the Twelfth Five Year Plan were agriculture and allied sectors, industry and manufacturing, services sector, infrastructure, social sector, human resource development, science and technology, innovation, energy, environment, climate change, and disaster management.

  1. Who implemented the Twelfth Five Year Plan?

The Twelfth Five Year Plan was implemented by the Planning Commission of India. The Planning Commission was dissolved in 2014 and its functions were transferred to the National Institution for Transforming India (NITI Aayog).

  1. What was the outcome of the Twelfth Five Year Plan?

The Twelfth Five Year Plan was successful in achieving most of its objectives. The growth rate of the Indian economy averaged 7.2% per annum during the plan period, poverty was reduced by 10%, 100 million new jobs were created, and the quality of life of the people improved.

  1. What were the challenges faced during the Twelfth Five Year Plan?

The main challenges faced during the Twelfth Five Year Plan were the global financial crisis, the rise in oil prices, and the slowdown in the Chinese economy.

  1. What were the lessons learned from the Twelfth Five Year Plan?

The main lessons learned from the Twelfth Five Year Plan were the need for greater focus on infrastructure development, the need for greater InvestmentInvestment in Human Capital, and the need for greater resilience to external shocks.

  1. What are the prospects for the Indian economy in the coming years?

The Indian economy is expected to grow at a rate of 7-8% per annum in the coming years. The main drivers of growth will be the services sector, the manufacturing sector, and the infrastructure sector.

  1. What are the challenges that the Indian economy faces in the coming years?

The main challenges that the Indian economy faces in the coming years are the need to improve the quality of education, the need to improve the quality of healthcare, the need to improve the quality of infrastructure, and the need to improve the quality of governance.

  1. What are the opportunities that the Indian economy faces in the coming years?

The main opportunities that the Indian economy faces in the coming years are the demographic dividend, the rise of the middle class, the growth of the services sector, and the growth of the manufacturing sector.
1. The Twelfth Five Year Plan was based on the theme of:
(a) Fast, Sustainable and Inclusive Growth
(b) Inclusive Growth
(CC) Sustainable Growth
(d) Fast Growth

  1. The Twelfth Five Year Plan aimed to achieve a growth rate of:
    (a) 8% per annum
    (b) 9% per annum
    (c) 10% per annum
    (d) 11% per annum

  2. The Twelfth Five Year Plan aimed to reduce poverty by:
    (a) 10%
    (b) 15%
    (c) 20%
    (d) 25%

  3. The Twelfth Five Year Plan aimed to create 100 million new jobs:
    (a) In the agriculture sector
    (b) In the industry sector
    (c) In the services sector
    (d) In all sectors

  4. The Twelfth Five Year Plan was implemented by the:
    (a) Planning Commission of India
    (b) National Institution for Transforming India (NITI Aayog)
    (c) Ministry of Finance
    (d) Ministry of Planning

  5. The Twelfth Five Year Plan had 12 sub-topics:
    (a) Agriculture and allied sectors
    (b) Industry and manufacturing
    (c) Services sector
    (d) Infrastructure
    (e) Social sector
    (f) Human resource development
    (g) Science and technology
    (h) Innovation
    (i) Energy
    (j) Environment
    (k) Climate change
    (l) Disaster management

  6. The Twelfth Five Year Plan was approved by the:
    (a) National Development Council
    (b) Planning Commission of India
    (c) Ministry of Finance
    (d) Ministry of Planning

  7. The Twelfth Five Year Plan was for the period:
    (a) 2012-2017
    (b) 2013-2018
    (c) 2014-2019
    (d) 2015-2020

  8. The Twelfth Five Year Plan was based on the following principles:
    (a) Growth with EquityEquity
    (b) Sustainable development
    (c) Inclusive growth
    (d) All of the above

  9. The Twelfth Five Year Plan was a comprehensive plan that covered all aspects of the economy. It was a major step forward in the development of India.