Union Cabinet approves XII Plan

The Union Cabinet approved the XII Plan (2012-17) document focused at attaining annual average economic growth rate of8.2%, down from 9% targeted earlier.

The Plan document will now need final approval from the highest decision making body, the National Development Council (NDC).

Besides, the XII Plan aims to achieve 4% growth of agriculture sector.

The growth target for the manufacturing sector has been set at 10%.