ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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THE Planning Commission is apparently much exercised about the slow growth of the Indian economy. In its mid-term review of the Eighth Plan, the commission is said to be proposing to revise the plan's average growth target from 5.6 per cent per annum to 4 per cent. The Eighth Plan (1992-93 to 1996-97) was finalised in July 1992, a full year after the structural adjustment programme began to be implemented; yet the Planning Commission and its growth, investment and employment generation goals have apparently been overtaken by the economic reforms.

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