From the Newsroom: Planning Commission cuts growth targets for 12th Five Year Plan from Livemint Videos. Like this? Watch the latest episode of Livemint Videos on Blip! br br The Planning Commission has lowered the economic growth target to 8.3 for the 12th Five Year Plan as the global and domestic conditions arenapos;t in favour of 9 average growth. Mint?s Asit Ranjan Mishra and N.R. Bhanumurthy of the National Institute of Public Finance and Policy tell us more.