01160pab a2200157 454500008004000000100002200040245004200062260000900104300001600113362001000129520074900139650002800888650003000916650002200946773003400968180718b2006   xxu||||| |||| 00| 0 eng d  aSrivastava, D. K.  aFRBM act and 11th plan approach paper  c2006  ap.4553-559.  a4 Nov  aThis article argues that the time phasing problem highlighted in the approach paper to the Eleventh Plan is the outocome of specific assumptions used in the projections, which are not always justified. following the fiscal correction path releases resources for the revenue plan through falling interest payments and increases capital expenditure by allowing the permissible fiscal deficit to be fully used for that purpose. It gives the required balance in resources available for revenue plan and capital plan. The profiles of saving and investment make a growth rate of 8.5 to 9 percent achievable with in the plan period. This would be possible by adhering to the fiscal responsibility targets and not by compromising on them. - Reproduced.  aEleventh five year plan  aEconomic planning - India  aEconomic planning  aEconomic and Political Weekly