The schemes for increasing GDP of India are being implemented effectively. According to the World Development Report, 2000-2001 published by the World Bank, the annual rate of growth of GDP (Gross Domestic Product) of India during the 1990s (1990 to 1999) was 6.1 per cent as compared to 2.4 per cent in the low income countries, 3.5 per cent in the middle income countries, 2.4 per cent in the high income countries and 2.5 per cent for the World average.

The Approach Paper to the Tenth Five Year Plan as approved by the National Development Council has proposed that the Tenth Plan should aim at an indicating target of 8 per cent per annum of GDP Growth for the period 2002-2007. This growth rate which is substantially higher than the target growth rate of 6.5 per cent per annum in the Ninth Five Year Plan, has been targeted by bringing about higher saving and investment rate and pursuing effectively enhancing policies both at the macro level and at the sector level.

This information was given in the Lok Sabha today in a written reply by the Minister of State (Independent Charge) in the Ministry of Statics and Programme Implementation, Smt. Maneka Gandhi.