<p>“The meeting of full Planning Commission will be held on March 20,” Deputy Chairman Montek Singh Ahluwalia told reporters here. The meeting would consider the mid-term appraisal document of the 11th Plan, he added.<br /><br />The agenda includes discussion of the state of the economy, especially in the view of developments that have taken place since the last meeting of the full panel on September 1 last. The meeting assumes importance as it will suggest mid-course policy corrections for achieving the Plan objectives.<br /><br />The 11th Plan, which is aimed to raise average economic growth to 9 per cent, was hit by the global financial crisis triggered by the collapse of Lehman Brothers and other Wall Street titans beginning September 2008, pulling down the GDP growth to a low 6.7 per cent during 2008-09 from over 9 per cent during the preceding three years.<br /><br />For the current fiscal, the panel earlier had projected a 6.5 per cent GDP growth, which will now be revised upwards in view of the overall better numbers since the second quarter of the fiscal and a stupendous 16.8 per cent industrial growth in December and the recovery of the exports sector since last November. <br /><br />Besides, Manmohan Singh, the meeting will be attended by Pranab Mukherjee among others.</p>
<p>“The meeting of full Planning Commission will be held on March 20,” Deputy Chairman Montek Singh Ahluwalia told reporters here. The meeting would consider the mid-term appraisal document of the 11th Plan, he added.<br /><br />The agenda includes discussion of the state of the economy, especially in the view of developments that have taken place since the last meeting of the full panel on September 1 last. The meeting assumes importance as it will suggest mid-course policy corrections for achieving the Plan objectives.<br /><br />The 11th Plan, which is aimed to raise average economic growth to 9 per cent, was hit by the global financial crisis triggered by the collapse of Lehman Brothers and other Wall Street titans beginning September 2008, pulling down the GDP growth to a low 6.7 per cent during 2008-09 from over 9 per cent during the preceding three years.<br /><br />For the current fiscal, the panel earlier had projected a 6.5 per cent GDP growth, which will now be revised upwards in view of the overall better numbers since the second quarter of the fiscal and a stupendous 16.8 per cent industrial growth in December and the recovery of the exports sector since last November. <br /><br />Besides, Manmohan Singh, the meeting will be attended by Pranab Mukherjee among others.</p>