New Delhi: The full Planning Commission is likely to meet sometime after 15 August to decide the financing pattern of the Eleventh Five Year Plan (2007-2012) and firm up the action plan for improving the standard of higher and technical education.
“The full Planning Commission meeting will take place sometime after Independence Day,” Planning Commission Deputy Chairperson Montek Singh Ahluwalia told the news agency on the sidelines of IIT-Delhi convocation held here.
The meeting which was scheduled for 6 August was postponed as the Plan panel wanted more time to tie up the loose ends.
The proposed meeting will take up two-three important items for the Eleventh Plan after the approval of Prime Minister Manmohan Singh, Ahluwalia said.
Besides members of the Planning Commission, the full Plan panel include ministers of important ministries such as finance, agriculture, human resources development and the railways. The Prime Minister is the Chairman of the Planning Commission.
The Eleventh Plan seeks to achieve an average growth rate of 9% during the period. The GDP growth rate, as per the Approach Paper which was earlier approved by the National Development Council, is planned to go up to 10% in the terminal year of the Plan.
Besides, the panel would also consider the proposal to promote higher education with an investment of about Rs 1.31 lakh crore during 2007-14.
It would deliberate on the issue of setting up of 30 central universities (of which 14 would be of international standards), 370 new colleges and upgrading physical and academic infrastructure of 6,000 existing colleges.