SEBI Reg. Investment Advisor

Download App
Help Center Pricing
Money Works 4 Me Logo MoneyWorks4Me
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up
  1. Home
  2. Stock Market News
  3. Planning Commission likely to cut average GDP growth to 6 percent for 12th Five Year Plan

Planning Commission likely to cut average GDP growth to 6 percent for 12th Five Year Plan

30 Sep 2013 Evaluate

Amid rising concerns over the prevailing economic slowdown, Planning Commission, in its mid-term review of the five year policy document, is likely to cut Indian annual average economic growth rate target to around 6 to 6.5 percent for the 12th Five-Year Plan (2012-17) from 8 percent projected earlier.

Planning Commission is of the view that owing to the ongoing economic downturn, it would be difficult to achieve the 8 percent average economic growth in the 12th Plan period. The Indian economy grew by average rate around 5 percent in first two years of the Plan, therefore, the country has to maintain a rate of around 10 percent in remaining three financial years of policy period to achieve the targeted 8 percent, which is almost impossible. Earlier, in its last mid-term review for the 11th Five-Year Plan, the Commission had cut the annual average growth rate target of 9 percent to 8.2 percent. However, only 8 percent average annual economic growth was achieved during the previous five-year plan.

At present, Indian economy is struggling with slowdown and first April-June quarter growth slowed down to four year low at 4.4 percent. Further, all macro-economic indicators have deteriorated with current account deficit (CAD) widened to a record high of 4.8 per cent of GDP in the previous fiscal. Further, rupee value has depreciated over 13 percent against dollar in 2013, which has become a cause of concern for the country, as India is structurally an import intensive country.

Register Now to get our Free Newsletter & much more!
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×