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INDUSTRIAL OUTPUT MAY MISS NINTH PLAN TARGET (as the growth rate ranges from 4.1% to 6.7% only during 1996/1997-2000/2001).
According to the annual report of the Department of Industrial Policy and Promotion, Government of India, for 2001-2002, the growth rate of industrial production is not likely to achieve the 8.2 percent target set for the Ninth Five-year Plan (1996/1997- 2001/2002). The growth rate was 6.1 percent in 1996-1997, 6.7 percent in 1997-1998, 4.1 percent in 1998-1999, 6.7 percent in 1999-2000 and 5 percent in 2000-2001. These are below the target of 8.2 percent. The overall industrial growth …
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