01211pab a2200181 454500 180718b2006 xxu||||| |||| 00| 0 eng d Srivastava, D. K. FRBM act and 11th plan approach paper 2006 p.4553-559. 4 Nov This 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. Eleventh five year plan Economic planning - India Economic planning Economic and Political Weekly 72114 72114 72114 0 0 0 0 IIPA IIPA 2018-07-19 Volume no: 41, Issue no: 43-44 AR72574 2018-07-19 2018-07-19 AR