New Delhi, Dec 19: The 54th meeting of the National Development Council (NDC) will be held here today to consider the Eleventh Five Year Plan (2007-12).
The meeting will be presided over by Prime Minister Dr. Manmohan Singh. The State Chief Ministers, Union Ministers and Deputy Chairman of the Planning Commission will be present during the meeting. Last month, the Union Cabinet gave its approval for placing the Draft document of the 11th Plan before the NDC. The Plan envisages an investment of Rs 36,00,000 crore during the five-year period.
The Plan aims to increase the average economic growth to nine per cent from 7.6 per cent in the Tenth Plan. The Plan also proposes to increase farm sector growth rate to four per cent from 2.13 per cent in the previous Plan. The Plan, which has been formulated with the aim of making economic growth more inclusive, proposes to reduce poverty by ten percentage points, generate seven crore new employment opportunities and reduce unemployment among educated persons to less than five per cent.
The Plan will have specific national and state level targets to monitor the progress of various social programmes. The Plan will also focus on the education sector by increasing the outlay to 19 per cent of the Central budgetary support from less than eight per cent in the previous Plan.
NDC, the country's highest policy making body, comprises the Prime Minister, Union Ministers, state Chief Ministers and members of the Planning Commission.