Weather Tenth Plan
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ISSUE #124 (20 DEC 2002 - 26 DEC 2002)
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As usual, the Tenth Five Year Plan (2002-07) has identified poverty reduction as its overriding goal. The plan, made public this week, aims at reducing the number of people below poverty to 30 percent of the total population in the next five years. The National Planning Commission (NPC) has estimates 38 percent of the current population lives below the poverty line. Vice Chairman of the National Planning Commission (NPC) Shanker Sharma said 58 percent of the total development expenditure in the plan period was expected to be financed by foreign aid. The plan has set a 6.2 percent growth target if the law and order situation improves. If it doesn't, the plan will settle for 4.3 percent growth. The plan emphasises coordinating security and development issues, reconstruction of infrastructure destroyed by the Maoist insurgency and rehabilitating people who have fled from their villages.
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