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9 th Five Year Plan (1997-2002)

9 th Five Year Plan (1997-2002). 9th plan was released in March 1998. It was modified and approved by National Development Council in February 1999, nearly two years after its implementation from April 1 st 1997. SUBTOPICS Objective of 9 th five year plan Development strategy

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9 th Five Year Plan (1997-2002)

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  1. 9th Five Year Plan (1997-2002)

  2. 9th plan was released in March 1998. • It was modified and approved by National Development Council in February 1999, nearly two years after its implementation from April 1st 1997.

  3. SUBTOPICS • Objective of 9th five year plan • Development strategy • Macro-economic dimensions & policy framework • Public sector plans: resources & allocations • Employee perspective • Appraisal

  4. 9th plan was developed keeping in mind 4 important aspects of state policy: • Quality of life • Generation of productive employment • Regional balance • Self-reliance Focus of the 9th plan was “growth with social justice and equality”.

  5. OBJECTIVES • Priority to agriculture • Accelerate growth rate of economy • Ensure food, nutrition & security • Provide basic minimum services • Population control • Environmental sustainability

  6. Empowerment of women & socially disadvantaged group • Promoting people’s participatory institutions • Ensuring self-reliance

  7. DEVELOPMENT STRATEGY The following initiatives were indicated: • Private sector orientation • Limited state interference But, state must invest in the following: • Basic civic amenities • Economic infrastructure • Agricultural inputs • Export promotion • Government should retain involvement in strategic areas.

  8. Maintaining favorable terms of trade • Import tariff reduction • Increase FDI • Public investment + Private investment • Financial sector refunds • Fiscal deficit under check

  9. Areas of specific importance for state intervention • Quality of life • Employment • Regional balance

  10. MACROECONOMIC DIMENSIONS & POLICY FRAMEWORK

  11. Strategies of Agricultural Development Agricultural growth rate of 4.5 % is estimated to be achieved based on the following conditions • Cropping Intensity (CI) to rise from 134.2 to 140.4% • Value of yield to increase from Rs. 15,326 per hectare to Rs. 17,688 per hectare

  12. Gross cropped area ( GCA) to increase from 190.5 million hectare to 203 million hectare. • Fertilizer consumption to rise from 14.3 million tonnes to 20 million tonnes

  13. INFRASTUCTURE AND BASIC INDUSTRIES • Power Demand for electricity would increase from 289 BKwh to 496 BKwh. Capacity would have to increase to 1,30,763 Mw from 85,020 Mw • Coal Demand for coal is likely to increase from 296 million tonnes to 412 million tonnes

  14. 3. Petroleum Share of petrol products and natural gas increased from 35 % in ’80s to 54 % in 96-97 4. Railways • Capacity expansion • Reduction in freight and passenger traffic

  15. 5. Road a) multi laning of high density corridors b) Providing all weather roads

  16. THANK YOU

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