National Development Council

Planning Commission for lowering growth target in 12th Plan to 8 percent

The Planning Commission will pitch for lowering the average annual growth rate for the 12th Five Year Plan to 8 percent, from 8.2 percent at the meeting of the National Development Council (NDC) in New Delhi on Thursday.

12th Plan draft for early resolution of investor concerns

A decision on the recommendations to allay investor concerns over tax front should be taken at the earliest to boost investments, said the draft 12th Five Year Plan document.

Plan panel cuts GDP growth target to 8.2% for 12th Plan

In view of fragile economic recovery, Plan panel has decided to lower annual average economic growth rate to 8.2 percent in the 12th Five Year Plan (2012-17) from 9 percent envisaged earlier.

Montek says 9% average growth rate is not possible

Planning Commission Chief Montek Singh Alhuwalia said that in view of the deteriorating global economic situation over the last one year, achieving an average growth rate of 9 percent in the next five years is not possible.

Economic slowdown is short-term: PM

Inaugurating the 56th meeting of the National Development Council (NDC), Prime Minister Manmohan Singh today said that economic slowdown in the country is a short-term phenomenon, and urged the nation to guard against the "mood of negativism."

Plan panel: Chandy opposes wholesale change, says fed structure undermined

The central government's "arbitrary decision to dismantle" the Planning Commission without convening a meeting of the National Development Council (NDC) or consulting the states undermines the federal structure, Kerala Chief Minister Oommen Chandy said on Sunday.

Seemandhra does not meet norms for special category: Planning Commission

The residual Andhra Pradesh commonly known as Seemandhra cannot be accorded the status of special category under the current norms, said Planning Commission.

India records 8% annual average economic growth in 11th Plan

Union Minister Rajeev Shukla said India's annual average economic growth rate remained at 8 percent compared to the targeted 9 percent for the 11th Plan.

Images: How Modi, Jaya stole UPA's thunder at the NDC meet

Today was the 57th National Development Council meeting in New Delhi. The meeting saw chief ministers from all states turn up to discuss the national economic agenda. Images from the meeting.

Not allowed to complete speech, angry Jaya walks out of NDC meet

Miffed at not being allowed to deliver her full speech, Tamil Nadu Chief Minister J Jayalalithaa Thursday walked out of the NDC meet here accusing the government of humiliating her.