Tenth Five Year Plan
The period of Tenth Five Year Plan was 2002-2007. Target growth rate was 8.1% and the actual growth rate was 7.7%. The plan had set monitorable targets for few key indicators(11) of development. Out of total plan outlay, ₹921,291 crore (US$140 billion) (57.9%) was for central government and ₹691,009 crore (US$110 billion) (42.1%) was for states and union territories.
Reduction of poverty rate by 5% by 2007. Providing gainful and high-quality employment at least to the addition to the labor force. Reduction in gender gaps in literacy and wage rates by at least 50% by 2007. 20-point program was introduced. Doubling per capita income in 10 years. States’ role in planning to be increased with the greater involvement of the Panchayati Raj Institutions (PRIs).
Increase in literacy rate to 72% within the plan period and to 80% by 2012. Universal access to primary education by 2007. Increase in forest and tree cover to 25% by 2007 and 33% by 2012. Cleaning of all major polluted rivers by 2007 and other notified stretches by 2012. The tenth plan was expected to follow a regional approach rather than sectoral approach to bring down regional inequalities.
Accepting that the higher growth rates are not the only objective—it should be translated into improving the quality of life of the people. ‘Governance’ was considered a factor of development. Policy and institutional reforms in each sector, i.e., reforms in the PSUs, legal reforms, administrative reforms, labour reforms, etc;
Agriculture sector declared as the prime moving force (PMF) of the economy. Increased emphasis on the social sector (i.e., education, health, etc.). Relevance between the processes of economic reforms and planning emphasised; etc.