250 billion for new farm initiatives launched by States. A time-bound Food Security Mission was also announced to counter rising prices of food products and to ensure visible changes in their availability over three years. Second, the growth story in any developing country can not be complete without assessing its impact on the poverty and employment situation.
The Planning Commission has stressed that India should strive for “more inclusive growth”. The number of people living below the poverty line has decreased from 36 per cent in 1993-94 to 22.0 per cent in 2004-05. Again, the issue is to bring more and more people out of poverty by providing them the productive employment opportunities.