12th Five Year Plan - Twelfth Five Year Plan - Important Facts

12th Five Year Plan - Twelfth Five Year Plan - Important Facts
Important Facts of Consultations during the Drafting of 12th Five Year Plan
Strong demand from all sectors of society to improve implementation, responsibility and service delivery sectors. Citizens' Groups largely support the stated objectives of existing Govt programmes. But, the system and institutional provisions are weak. Greater devolution and empowerment are required. Govt programmes need an innovative architecture: greater localizati0n, breakdown of silos, feedback from citizens and mechanisms for learning and sharing of finest practices. A main contribution to economic growth now comes from the private sector. A plan environment that supports this dynamism is, hence, important. Create environment for nurturing entrepreneurship, developing markets, supporting innovation, giving access to finance and inculcating respect for common pool resources. 

Twelfth Five Year Plan (2012-16)
On April 2011 the Prime Minister, Dr ManmohanSingh, lectured the Full Planning Commission meeting in New Delhi concerning the Twelfth Five Year Plan of India.
Highpoints of the white paper on the Twelfth plan are:
Twelfth 5 Year Plan Resources for the Centre (as percent of GDP)
  • Resources for the plan arc being worked out in collaboration with the Ministry of Finance. 
  • A preliminary picture (as % of GDP) is: 


11th Plan Realization
12th Plan Projection
2011-12BE
2016-17
1
Tax Revenue (Net)
7.7
8.0
7.2
8.8
2
Non-tax Revenue
2.4
1.9
2.2
1.6
3
Fiscal Deficit
4.9
3.3
4.6
3.0
4
Total Resources (1+2+3)
15
13.2
14
13.4
5
Non-plan Expenses
10.3
8
9.1
7.2
6
Centre’s GBS (4 minus 5)
4.7
5.4
4.9
6.2

a.       Assistance to State
1.2
1.3
1.2
1.4

b.      GBS for Centre
3.5
4.1
3.7
4.8
7
IEBR of PSUs
2.9
3.3
2.9
3.6
8
Central Plan {6(b)+7}
6.4
7.4
6.6
8.4

Resource Distribution Priorities in 12th Five Year Plan
  • Health and Education received less than projected in 11th Plan. Fund Distributions for these sectors will have to be increased in 12th Plan. 
  • Health, Education and Skill Development together in the Centre's Plan will have to be increased by at least 1.2 point of GDP. 
  • Infrastructure, including irrigation and watershed management and urban infrastructure, will need additional 0.7 point of GDP over the next 5 years. 
  • Since Centre's GBS will rise by only 1.3 points over five years, and all other sectors will have a slower growth in allocations. 
  • Must reduce the number of Centrally Sponsored Schemes (CSS) to a few major schemes. For the rest, make new flexi fund which allow Ministries to experiment in other CSS areas.
  • Use of PPP must be encouraged, comprising in the social sector that are healthiness and education. Efforts on this front must to be increased. 
  • Difference between plan and non-plan being revised by Rangarajan Committee.

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