New Delhi: The Planning Commission is likely to submit the Approach Paper to the 12th Plan on July 30 to the Prime Minister's office that seeks to raise the economic growth to 9-9.5 per cent in the five-year period beginning from April 2012.

"The Approach Paper to the 12th Plan (2012-17) is likely to be submitted to the Prime Minister's Office on July 30," a source privy to the development said.

As the full Planning Commission, headed by Prime Minister Manmohan Singh, in its meeting in April this year had entrusted the panel to finalise the document, officials said, it would be submitted directly to the Prime Minister's Office.

Approach paper provides broad framework of the government policy to be pursued in the five-year period to achieve the desired growth rate.

The document will be placed before the Union Cabinet for consideration before being taken up for discussion and final approval by the country's highest policy making body the National Development Council (NDC). The NDC, which is headed by Prime Minister, comprises union ministers and state Chief Ministers.

Plan panel has already completed its regional discussion with state Chief Ministers earlier this month.

The last such consultation held in the first week of July with northeastern states, including Assam, Nagaland, Arunachal Pradesh and Manipur. The Commission earlier held discussions
with Chief Ministers of four regions including North, East, South and West.

In the full panel meet on April 21, Prime Minister Manmohan Singh had said, "The 12th Plan objective must be faster, more inclusive and also sustainable growth... We need to identify the critical areas where existing policies and programmes are not delivering results, and should, therefore, be strengthened or even restructured."

During the full Planning Commission meeting, the panel had presented its take on various issues to be looked at carefully while preparing the 12th Plan.

The Commission had suggested to fix economic growth target of 9-9.5 per cent in the next Plan.

Aiming at 100 per cent adult literacy, the panel had proposed to increase expenditure on health from 1.3 per cent to at least 2-2.5 per cent of GDP.

(Agencies)