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March 13, 2000

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Plan panel targets 8.2% industrial growth rate in Ninth Plan period

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Commerce and Industry Minister Murasoli Maran today told the Rajya Sabha -- the upper house of India's parliament -- that the Planning Commission set the industrial growth rate target for the Ninth Plan period at 8.2 per cent.

During the question hour, he said that the Planning Commission and not the Department of Industrial Policy and Promotion sets indicative targets for the plan period as a whole.

These targets cover only 75 selected industries and not overall industrial growth, he said.

UNI

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