2011
Submitted By:
Gautam Chimagundi 2011A08
Leena Khiani 2011A09
Asita Ajgaonkar 2011A14
Rudhreesh Kapur 2011A23
Contents 1.1 Introduction 2 2. Prospects for the Twelfth Plan 2 3. Drivers of Growth in the Twelfth Plan 2 3.1 Macro‐Economic Fundamentals 2 3.2 Management and Labour Skills 2 3.3 Aspirational Drivers 2 4. Growth Targets for the Twelfth Plan 2 5. Energy 2 6. Transport 2 6.1 Roads 2 6.2 Railways 2 6.3 Ports 2 6.4 Civil Aviation 2 7. Farm Sector 2 7.1 Water Management 2 7.2 Soil Nutrient Management 2 7.3 Efficiency in Use of Chemical Fertilizers 2 7.4 New Technologies for the Farm Sector 2 8. Livestock and Fisheries 2 8.1 Improving Marketing and Logistics 2 9. Manufacturing sector 2 9.1 The Cost of Doing Business 2 10. Health 2 10.1 Comprehensive Healthcare 2 10.2 Health Infrastructure 2 11. Services: Tourism, Hospitality & Construction Need for Employment Opportunities 2 11.1 Tourism 2 11.1.1Potential / Opportunities 2 11.1.2 Issues & Challenges 2 11.2 Construction 2 11.2.1 Employment Potential 2 11.2.2Issues and Challenges 2 11.2.3 Strategies 2
1.1 Introduction
The Indian economy, on the eve of the Twelfth Plan, is characterised by strong macro fundamentals, and a very good performance over the Eleventh Plan period, though clouded by some slowdown in growth in the current year, continuing concern about inflation and a sudden increase in uncertainty about the global economy. The objective of the Eleventh Plan was faster and inclusive growth and the initiatives taken in the Eleventh Plan period have resulted in substantial progress towards both objectives. Inevitably, there are some weaknesses that need to be addressed and also new challenges that need to be faced. Some of the challenges are themselves the consequence of the economy’s transition to a higher and more inclusive growth path, the structural changes that come with it, and the