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Keralam State Planning Board approves approach paper for 15th Five-Year Plan

The Keralam State Planning Board, chaired by Chief Minister V.D. Satheesan, has approved the approach paper for the state's 15th Five-Year Plan, setting an annual economic growth target of 7% and aiming to increase the state's Gross Domestic Product (GDP) to ₹28 lakh crore.

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Keralam State Planning Board approves approach paper for 15th Five-Year Plan

The proposed plan seeks to move Keralam towards an investment-driven Participatory Economy, with greater emphasis on private investment, employment generation and wider public participation in economic development.

As part of the strategy, the government plans to launch the Yuva Keralam Mission and the Employment Mission, aimed at strengthening opportunities for young people and expanding employment prospects across the state.

The approach paper is expected to provide the broad framework for the state's development priorities during the 15th Five-Year Plan. The 7% annual growth target and ₹28 lakh crore GDP goal reflect the government's ambition to accelerate economic expansion through investment-led development.

The meeting was attended by State Planning Board Vice-Chairman K.M. Chandrasekhar, Industries, Commerce, Information Technology and Artificial Intelligence Minister P.K. Kunhalikutty, Electricity, Environment and Parliamentary Affairs Minister Sunny Joseph, Water Resources and Housing Minister Mons Joseph, Forests, Wildlife Protection and Skill Development Minister Shibu Baby John, Transport Minister C.P. John, Chief Secretary Bishwanath Sinha and senior government officials and Planning Board members.

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