"Realistically thinking…9 per cent growth over the next five year (in 12th Plan)...is simply not feasible," Ahluwalia said.
He said while he would not lower the growth target for the 12 Plan (2012-17) as set out in the Approach Paper, as an economist, achieving it would not be feasible.
"I won't lower the growth projections to between 8 to 8.5 per cent (in 12th Plan), which in the current global context is not a comfortable achievement in the five-year period."
He also said that the average growth rate during the first two years of the 12th Plan would be around 7 per cent as the economy would grow by 6.5 to 7 per cent this fiscal and about 0.75 per cent more in 2013-14.
The Plan panel had set a target of 9 per cent average annual growth target in its approach to the 12th Plan.
With the economic growth touching a nine-year low of 6.5 per cent for 2011-12 and poor industrial expansion of 0.1 per cent in April, it was being debated whether the Planning Commission would downsize its target for the 12th Plan.
While Ahluwalia did not hint at a revision of the growth target, he said that as an economist he believes the government has to push forward a lot of reforms and take policy measures to achieve 8 to 8.5 per cent average growth in the 12th Plan.