‘4% growth target for agri, related sectors in 12th Plan’

‘4% growth target for agri, related sectors in 12th Plan’

Chennai: The Planning Commission is going to stick to the growth target of 4% for the 11th Five Year Plan in agriculture and related sectors in the 12th Five Year Plan (2012-2017) as well, a top government official said on Wednesday.

“It (target) will be 4% for the 12th Five Year Plan," Planning Commission member and steering committee chairman Abhijit Sen told reporters here.

As a result of “bad years" for the sector in the 11th Five Year Plan (2007-2012) due to poor monsoon, agriculture and related sectors could not achieve the set target for the period, he said. “In the 11th Five Year Plan, the target rate of growth for agriculture (and related sectors) was 4%. But we have managed a 3.2% growth (in the first four years), which is considerably better than the target set during the 10th Five Year Plan," Sen added.

Sen was in Chennai to chair a two-day steering committee meeting organised by the State Planning Commission to deliberate on various issues relating to agriculture, horticulture, animal husbandry, dairy, fisheries and related sectors.

On outlay for the 12th Five Year Plan, he said, the commission, headed by Prime Minister Manmohan Singh, would meet in Delhi on 20 August to take stock of the situation.

“If that is approved then it will be sent to the Cabinet and eventually to the National Development Council (NDC)," he said.

He hoped the council would meet by next month-end to consider the proposal for the 12th Five Year Plan.

He also said the union government was holding discussions with the private sector on modernization of storage facilities through public-private partnership (PPP) model.

Ministers have to decide on exports of vegetables and other products, he said. “We can go for exports. There is no cap for exports on onions alone," he added.