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PM chairs meeting of Full Planning Commission

Prime Minister Manmohan Singh arrives to preside over the Full Planning Commission meeting. Planning Commission Deputy Chairman Montek Singh Ahluwalia, Finance Minister Pranab Mukherjee, Railways Minister Mamata Banerjee and Power Minister Sushilkumar Shinde are also seen.
Prime Minister Manmohan Singh arrives to preside over the Full Planning Commission meeting. Planning Commission Deputy Chairman Montek Singh Ahluwalia, Finance Minister Pranab Mukherjee, Railways Minister Mamata Banerjee and Power Minister Sushilkumar Shinde are also seen.
Prime Minister Manmohan Singh chaired a meeting of the Full Planning Commission here today, the first since the United Progressive Alliance (UPA) Government began its second five-year term in May.

The meeting has two subjects on the agenda---an assessment of the economic situation in the country and a review of the status of implementation of the Integrated Energy Policy.

Dr Singh, in his opening remarks, said an assessment of the economic situation was relevant, not only because the Government was at the start of its second term but also because the country was at exactly the mid-point of the XIth Five Year Plan (2007-12).

"We have been through a difficult year because of the global economic downturn which is only now coming to an end with a slow return to normalcy in the months that lie ahead. The country has also seen a poor monsoon. I felt it would be useful for the Planning Commission to present its assessment of the overall economic situation to the Minister Members of the Commission," he said.

The Prime Minister said energy was vital for the country's economic growth and this was the area where India was a deficit economy.

He said India imported more than 70 per cent of its petroleum energy needs and was also moving to a deficit position in coal.
Prime Minister Manmohan Singh addressing the Full Planning Commission meeting.
Prime Minister Manmohan Singh addressing the Full Planning Commission meeting.

According to him, rational energy policies are also critical for rational responses to the threat of climate change.

"This is a new compulsion and we need to assess whether we are on track in critical aspects of our energy policy. In our situation each energy sub-sector is the domain of a different Ministry. This has often meant a non-symmetric policy stance – the principles being adopted to determine policy in one sector are not the same as in another.

"The Integrated Energy Policy document that was approved by the Cabinet in December 2008 contained a number of recommendations covering different sub-sectors. I thought it would be useful for the Planning Commission to present an assessment of how these recommendations have been implemented," he said.

Apart from Planning Commission Deputy Chairman Montek Singh Ahluwalia and other full-time Members, the meeting was also attended by, among others, Finance Minister Pranab Mukherjee, Home Minister P Chidambaram, Human Resource Development Minister Kapil Sibal, New and Renewable Energy Minister Farooq Abdullah, Health Minister Ghulam Nabi Azad, Power Minister Sushil Kumar Shinde, Railway Minister Mamata Banerjee and Dr C Rangarajan, Chairman of the Prime Minister's Economic Advisory Council.

The full-time Members of the Commission are B K Chaturvedi, Saumitra Chaudhuri, Syeda Hameed, Narendra Jadhav, Abhijit Sen, K Kasturirangan, Arun Maira and Mihir Shah.

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