Growing at 9% in 12th Plan poses a challenge,says Montek

The Plan panel has projected 9 per cent annual average economic growth rate during 2012-17,in the Approach document to 12th Plan,which was approved by countrys apex planning body,National Development Council headed by the Prime Minister,in October last year.

Asked about projecting a lower growth in Gross Budgetary Support (GBS) in the 12th Plan,Ahluwalia said,It is a complete mistake to think that 9 per cent (economic growth) is going to come by giving more and more GBS. That is not the kind of planning we should do.