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Title: Planning Commission sets up committees for mid-term review of plan
Source:The Economic Times
Date:27 November 2013

The Planning Commission has begun work on mid-term appraisal of the 12th Five-year Plan by setting up committees that will assess the performance of each sector in the first two years of the Plan. The move, which comes less than a year after the 12th Plan (2012-17) was finalized, aims to lay the ground for the new Planning Commission that will be constituted after the general elections in 2014. The official-level committees, which will review the performance of each sector during 2012-13 and 2013-14, will submit their reports in six months. Mid-term appraisal is a routine exercise done by the Planning Commission towards the middle of the third year of every Plan. The idea is to revise the sector-wise as well as overall growth targets based on the performance of each sector in the first two years of the given Plan, so that mid-course policy corrections, if needed, could be initiated.




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