Tenth five year plan

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The economy of India is based in part on planning through its five-year plans, which are developed, executed and monitored by the Planning Commission. The tenth plan completed its term in March 2007 and the eleventh plan is currently underway :

The economy of India is based in part on planning through its five-year plans, which are developed, executed and monitored by the Planning Commission. The tenth plan completed its term in March 2007 and the eleventh plan is currently underway

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The Tenth Five Year Plan India (2002-2007) aims to transform the country into the fastest growing economy of the world and targets an annual economic growth of 10%. This was decided after India registered a 7% GDP growth consistently over the last decade. This GDP growth of 7% is much higher than the world's average GDP growth rate. Thus, the Planning Commission of India sought to stretch the limit and set targets which would propel India to the super league of industrially developed countries.

Tenth five year plan {2002 -2007}:

Tenth five year plan {2002 -2007} The tenth five year plan cover a period from 01 st April ,2002 to 31 st march, 2007.The tenth plan provides an opportunity at the start of the new millennium , to build upon the gains of the past but also to address the weakness that have emerged. Some of the gains of the past are : The growth rate of the national income has important from average of about 5.7% in the eighties to an average of about 6.5% in the eight and ninth plan periods making India one of the ten fastest growing developing countries. The percentage of the population in poverty has continued to decline. Population growth has decelerated below 2% for the first time in four decades. Literacy has increased from 52% in 1991 to 65%in 2001. Sectors such as software services and IT enabled services have emerged as a new source of strength , creating confidence about India’s potential to be competitive in the world economy.

OBJECTIVES OF THE TENTH PLAN:

OBJECTIVES OF THE TENTH PLAN Rate of growth of national income. Growth rate of per capita income. Improvement in quality of life. Reduction in poverty. Provision of gainful employment. Provision of universal education. Reduction in gender gaps. Reduction in growth of population. Increases in literacy rate. Reduction in Infant Mortality Rate. Reduction in Material Mortality Rate(MMR). Environmental protection. Provision of drinking water. Growth , equity , and sustainability. Balanced developed in all states.

ASSUMPTION::

ASSUMPTION: The objective of 8% growth rate of tenth plan is based on the following assumption: Incremental capital output ratio will be 4:1. Rate of investment will be 32%. There will be improvement in efficiency development. Sufficient political support will be mobilized to ensure progress in critical areas. The rate of domestic savings will be 29.8% and of foreign savings will be 2.8%. The fiscal deficit will be 2.6%. The revenue

ACHIEVEMENTS:

ACHIEVEMENTS Establishment of Cath Lab at a cost of Rs.4.50 crores at Indira Gandhi Govt. General Hospital & Post Graduate Institute. CT Scan at a cost of Rs.1.50 crores established at General Hospital, Mahe . Construction of Medical College at Kadirkamam under progress. 700 Bedded Women and Children Hospital at Ellaipillaichavadi nearing completion. 12 bedded Geriatric wards for the Senior Citizens have been opened in the Indira Gandhi Govt. General Hospital & Post Graduate Institute, Pondicherry. Computers have been purchased for establishment of Hospital Information System in Indira Gandhi Govt. General Hospital & Post Graduate Institute, Pondicherry. Computerization of Laboratory so as to transmit various investigation results to all wards / Diet section in Indira Gandhi Govt. General Hospital & Post Graduate Institute, Pondicherry. Trauma Care facilities and Critical Care Wards has been improved by providing infrastructure facilities at General Hospital, Maher. Kidney Transplant Operations have been started at Indira Gandhi Govt. General Hospital & Post Graduate Institute, Pondicherry. 16 Ambulances for Pondicherry region and 9 Ambulances for Karaikal region have been purchased and provided to PHCs/CHCs, for transportation of patients from rural areas to the General Hospitals.

FAILURES:

FAILURES Since 2002, when the Plan was operational, close to 40,000 farmers and landless labourers have committed suicide. The average growth rate of the sector during the preceding five years has been less than the population growth rate in rural India. And there is a real danger of food security. During the Plan, the State increasingly abdicated some its core responsibilities towards the poor. The totally wrong notion that only market driven policies will help, completely dominated the implementation of the Plan. No wonder, the 400 odd million Indians who remained out of the purview of the market remained exactly where they were: desperately poor and teetering on the edge of starvation. When it comes to education and health care, the performance of successive Five Year Plans has been worse than pathetic. The tenth Plan was no different. About 400 million Indians were functionally illiterate when the Plan was launched in 2002. Though accurate numbers are hard to come by, the number of functionally illiterate Indians has all probably gone beyond 400 million

CONTD.:

CONTD. The infant mortality rate in some of the poorer states like Orissa and Bihar was well above 100 in 2002 In education and health, potential rivals and competitors like China are so far ahead of India that it is difficult even to visualize how the country would begin to catch up. The Plan has been a big failure when it comes to improving other elements of physical infrastructure. Indian ports are an embarrassment, antiquated airports are actually on the verge of derailing the rapidly growing aviation sector; and the power sector continues to be one of the biggest bottlenecks to growth. In fact, the power situation has worsened between 2002 and 2007. So big has been the failure that even a successful Eleventh Five Year Plan will not be able to eliminate power shortages by 2011-12! Around the time the Tenth Plan started, the honorable Minister for Human Resource Development Murli Manohar Joshi was busy doling out money for new courses, colleges and even universities for astrology! And the current minister Arjun Singh is too busy forcing elitist institutes like IIMs and IITs to admit backward caste students! Who cares about primary education ? This blot on Indian democracy is so well known that nothing new or revealing can be said or written about corruption destroying the very intentions of planning and policy making. International bodies like Transparency International routinely rank India as one of the ten most corrupt nations in the world. The ranking has hardly changed between 2002 and 2007. If anything, corruption has become even more endemic since 2002. In fact, so brazen are politicians and bureaucrats now that they literally pocket the money allocated by the Plan and open imaginary s chool s , tube wells, irrigation canals, village roads and even p o w e r transmitters!

CONCLUSION:

CONCLUSION Targets of the tenth five year plan reflect the concern that economic growth alone may not lead to the attainment of the long term sustainability and of adequate improvement in social justice . Earlier, plans may have many issues as objectives , but in number of cases specific targets were set . As a result , they were viewed in terms of being desirable but not essential . In the 10 th plan these targets were considered to be as central to the planning framework as the growth objective . During tenth plan there was continued commitment to provide essential primary care , emergency life saving services ,serves under national diseases control program free of cost to individuals , based on their needs , and not on their ability to pay.