Eighth Five Year Plan 1992-97 Final Outlay Approved by The Planning Commission (Summary Feature) (Kerala)

Abstract

From Foreword: The Eighth. Plan covering the five year period 1992-97 has been formally launched on April 1st 1992 at a critical juncture in our country's development and at a time of momentous political and economic changes abroad. During the last four decades, development planning in India has about many notable achievements by way of building up a diversified infrastructural base, industrial capacities and technological capabilities . However, the planning process in recent times, has beet threatened by problems like fiscal imbalances, diminishing productivity of public expenditures, and persistent gaps between targets and achievements. In a sense, planning had become a routine exercise and a prisoner of its own premises unable to cape with the changing realities. Planning, therefore, needs a new orientation. The Eighth Plan has made an earnest effort to give such a new orientation to the planning process and the strategies outlined to achieve the major objectives of poverty alleviation and employment generation mark a welcome departure from the past plans.