EIGHTH AND NINTH FIVE YEAR PLAN. EIGHTH FIVE YEAR PLAN(1992-97 ).
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Achievable growth target : In view of the difficult economic situation prevailing in the country national development council lowered the growth rate in feb1999 to 6.5% as against 7% growth rate suggested in approach paper to ninth plan in 1997.
Liberty to state govts to decide size of plan : The states now have the freedom to determine the size of their plan. Earlier than the ninth plan states used to propose the specific size of their plan to planning commission. Under the new procedure now first of all the planning commission, after consulting the union ministry of finance, will indicate the state govts the expected assistance from the centre available to states. Then the state govs would plan accordingly, keeping in view the central assistance.