Question : GROSS DOMESTIC PRODUCT



(a) whether the Prime Minister has stated during his visit to United States of America that his Government aimed at a 9% annual rate of growth of GDP.

(b) If so, the average annual rate of growth attained since the NDA Government took office in March 1998; and

(c) The reasons for the discrepancy between the rates of growth actually achieved since March 1998 and the projections now being considered for the Tenth Plan.

Answer given by the minister


MINISTER OF STATE (INDEPENDENT CHARGE) OF THE DEPARTMENT OF DISINVESTMENT, MINISTER OF STATE IN THE MINSTRIES OF PLANNING, STATISTICS & PROGRAMME IMPLEMENTATION AND MINSTER OF STATE IN THE DEPARTMENT OF ADMINSTRATIVE REFORMS AND PUBLIC GRIEVANCES (SHRI ARUN SHOURIE)

(a) Yes, Sir.

(b) The average annual growth rate attained since the NDA Government took office in March, 1998 is estimated to be 6.6% for the period 1998 to 2000.

(c) Planning Commission has just initiated exercises relating to the Tenth Plan.