The Tenth Five-Year Plan (2002-2007)

The Tenth Five-Year Plan (2002-2007)

The Tenth Five-Year Plan (2002-2007) was a period of significant economic growth for India, with an actual growth rate of 7.7%, although it fell short of the targeted 8%.  Key Initiatives: Focus on slow performing states: The plan aimed to provide targeted assistance to states with lagging economic growth. Performance-based assistance: States were given financial incentives based on their performance in achieving development goals. Doubling per capita income: The plan set an ambitious target of doubling per capita income in the next ten years. Better resource utilization: The plan emphasized efficient use of resources, including energy resources. Quick completion of ongoing projects: The government focused on completing ongoing infrastructure and development projects to avoid delays and cost overruns. Social planning: The plan included initiatives to improve social welfare, education, and healthcare, with a focus on gender equality and empowerment of disadvantaged groups. Gender budgeting: Th…