New Delhi: Chairing a Planning Commission meeting in New Delhi, the prime minister, Dr Manmohan Singh said that India was unlikely to achieve its growth target of over eight per cent.

"There are signs that the economy is not on track to achieve many of the important targets," he said, adding that even with optimistic projections for the next two years, the average growth rate in the 10th Plan was unlikely to cross 7 per cent.

The growth target was 8.1 per cent per annum, and one of the reasons for the sluggish growth was the failure in creating jobs.