All figures are averages for the plan period
GDP Growth for Agriculture is 2.0 in 0th plan 1.7 in 10th plan and 4.1 in 11th plan . GDP Growth for Industries is 4.6, 8.3 and 10.5 respectively while for service sector it is 8.1, 9.0 and 9.9.
investment rate in publik sector is 6.7 % 0f GDP and private sector it is 21.1% in 10th plan but 10.2% of GDP of public sector and 24.9 % of GDP in private sector during 11th plan.
Planning commission 2006 gives the figures and 10th plan figures are calculated.
Thus agricultural growth performance has been rather dismal since 1996-97. However the share of agriculture in publik investment which was an average of 11.5% between 1960-61 and 1984-85 starteds falling which averaged only 6,8% from 1990-91 to 2005-06.
the crucial challenge for the situation is the development of infra-structure. there are Two main areas of concern
1. Power
2. Rural infra structure
There are in form of irrigation, roads, and rural electrification.
The chalanges are as follow for rural development
1. regaining agricultural dynamism
2. changing employment patterns so that non agricultures opportunities increas at 6.0% / year.
3. Ensuring health and education services to the poor and securing quality improvements.
4. Increasing manufacturing competitiveness and raising the growth rate of manufacturing to 12%
5. Developing human resources with better education and training.
6. Proctacting environment.
7. Improving re-settlement and rehabilitation practices for those dis-placed by development.
8. Improving governance with greater transparency and accountability.
The real test of feasibility for the plan does not lie in the Arcane algebra of growth accounting or inter-sectoral consistency but in the political economy of public policy choices.
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