Saturday, 25 August 2012

Education, skill development top priority of 12th Plan

Kolkata: Education and skill development would be the "overriding priority" of the 12th Five Year Planeven as India's current slow economic growth rate might affect total outlay of the plan, said a member of the plan panel on Monday.

Allocation for the 12th Plan period (2012-17) would be declared in a month and the total size of the planoutlay would be "commensurate with the growth rate", said Planning Commission member Narendra Jadhav.

While in 2011-12, the economy grew at 6.5 percent, according to Planning Commission Deputy Chairman Montek Singh Ahluwalia, deficient monsoon could pull down the growth rate to close to 6 percent.

Ahluwalia recently said the Planning Commission might lower its ambitious growth target for the 12th Five-Year Plan to 8.2-8.3 percent from 9 percent.

Jadhav, however, said education and skill development followed by healthcare andinfrastructure will remain the top priorities in the plan period as prior to the 11th Plan, the central government did little for the sectors, resulting in a "large backlog". IANS