Planning (Part – I)

Tenth Plan

Domestic savings rate (as a percentage of GDP) -  26.84

Investment rate (as a percentage of GDP) -  32.10

The Tenth Five Year Plan of India (2002-2007) was an economic development plan formulated by the then Prime Minister Atal Bihari Vajpayee. The plan's salient features were to promote inclusive growth and equitable development. However, the main objectives of the 10th five-year plan with regarding the plan to reduce poverty by half, create employment for 80 million people and achieve an annual GDP growth rate of at least 8.7 per cent by the end of the tenth five-year plan. The plan's target was to increase the literacy rate from 65 per cent in 2001 to 75 per cent by 2007.
The Tenth Five Year was an eventful one and saw many changes in India's socio-economic landscape. The country achieved an average annual growth rate of over 7 per cent per year.
The 10th five-year plan attained high quality in employment generation, especially in the labour force area. As per the report, it is confirmed that the plan employed almost 50 million people in the year 2000-2005.
The agriculture sector also witnessed a growth of around 3.97 per cent per year which is a commendable achievement.
The other notable achievements of the Tenth Five Year Plan include the incredible growth in mining and quarrying. The plan achieved 4.30 per cent of growth in the first three years of the 10th five-year plan.
Apart from this, the plan attained growth in other sectors such as industry, service sectors, transport and communication sectors.

The Tenth Five Year Plan of India (2002-2007) was an economic development plan formulated by the then Prime Minister Atal Bihari Vajpayee. The plan's salient features were to promote inclusive growth and equitable development. However, the main objectives of the 10th five-year plan with regarding the plan to reduce poverty by half, create employment for 80 million people and achieve an annual GDP growth rate of at least 8.7 per cent by the end of the tenth five-year plan. The plan's target was to increase the literacy rate from 65 per cent in 2001 to 75 per cent by 2007.
The Tenth Five Year was an eventful one and saw many changes in India's socio-economic landscape. The country achieved an average annual growth rate of over 7 per cent per year.
The 10th five-year plan attained high quality in employment generation, especially in the labour force area. As per the report, it is confirmed that the plan employed almost 50 million people in the year 2000-2005.
The agriculture sector also witnessed a growth of around 3.97 per cent per year which is a commendable achievement.
The other notable achievements of the Tenth Five Year Plan include the incredible growth in mining and quarrying. The plan achieved 4.30 per cent of growth in the first three years of the 10th five-year plan.
Apart from this, the plan attained growth in other sectors such as industry, service sectors, transport and communication sectors.

The ninth five-year plan was set out to compass every sector to make India prosper in all directions. The objectives were rural development and the emphasis was laid on the agriculture and allied sectors.
The reduction of the poverty statistics was targeted and the employment generation mechanisms were employed in this plan. Under the ninth five year plan, it was felt that progress was possible only through bringing stability in the prices of food and grains; the same was incorporated under this plan. The government targeted food security and appropriate food availability through this plan. The necessary infrastructure development was also taken care of throughout India.
The infrastructure of the healthcare system, schools, sanitation and provision of safe drinking water was targeted through the ninth five-year plan. It was felt utmost necessary to control the growing population of India to ensure equitable distribution of available resources; this was also aimed under the ninth, five-year plan.
The actions for the development of the socially backward classes and various social groups were also incorporated under this plan. Women's emancipation and empowerment were also duly taken care of in this plan. The concept of private investments also focused and effort was directed to provide a stable market for the same in the Indian economy.

The ninth five-year plan was set out to compass every sector to make India prosper in all directions. The objectives were rural development and the emphasis was laid on the agriculture and allied sectors.
The reduction of the poverty statistics was targeted and the employment generation mechanisms were employed in this plan. Under the ninth five year plan, it was felt that progress was possible only through bringing stability in the prices of food and grains; the same was incorporated under this plan. The government targeted food security and appropriate food availability through this plan. The necessary infrastructure development was also taken care of throughout India.
The infrastructure of the healthcare system, schools, sanitation and provision of safe drinking water was targeted through the ninth five-year plan. It was felt utmost necessary to control the growing population of India to ensure equitable distribution of available resources; this was also aimed under the ninth, five-year plan.
The actions for the development of the socially backward classes and various social groups were also incorporated under this plan. Women's emancipation and empowerment were also duly taken care of in this plan. The concept of private investments also focused and effort was directed to provide a stable market for the same in the Indian economy.

The ninth five-year plan was set out to compass every sector to make India prosper in all directions. The objectives were rural development and the emphasis was laid on the agriculture and allied sectors.
The reduction of the poverty statistics was targeted and the employment generation mechanisms were employed in this plan. Under the ninth five year plan, it was felt that progress was possible only through bringing stability in the prices of food and grains; the same was incorporated under this plan. The government targeted food security and appropriate food availability through this plan. The necessary infrastructure development was also taken care of throughout India.
The infrastructure of the healthcare system, schools, sanitation and provision of safe drinking water was targeted through the ninth five-year plan. It was felt utmost necessary to control the growing population of India to ensure equitable distribution of available resources; this was also aimed under the ninth, five-year plan.
The actions for the development of the socially backward classes and various social groups were also incorporated under this plan. Women's emancipation and empowerment were also duly taken care of in this plan. The concept of private investments also focused and effort was directed to provide a stable market for the same in the Indian economy.