"... 9% target (in 12th Plan) is feasible only when we can take some difficult decisions, " Singh said in his opening remarks in the meeting of the full Planning Commission here.
The meeting has been called to approve the Approach Paper for that 12th Five-Year Plan.
The Prime Minister also underlined the need to concentrate on implementation and governance to improve effectiveness of the flagship programmes aimed from promoting inclusive growth.
"These (flagship) programmes will continue in the 12th Strategy, but as the (Approach) paper rightly emphasises, we need to focus on issues of implementation and governance to enhance their effectiveness. "
The Prime Minister also made a case for stepping up agriculture sector growth rate to 4% during the next Plan saying it's important to avoid inflationary pressure and improve rural income.
India was growing by over 9% prior to the global financial crisis in 2008 pulled down the economic growth to 6. 8% within 2008-09.
The economy is likely to grow expand by 8% during 2010-11.
The agriculture sector is estimated to develop by 3. 3% during the current Plan period (2007-12).
"I am pleased to inform members that although the Approach Paper talks of achieving 3% agricultural growth within the Eleventh Plan... The latest estimates suggest that this will be 3. 3%, inch Singh said.
Agriculture contributes about 14-15% to the country's gross domestic item (GDP).
The Commission had examined the range of 9-9. 5% for economic growth throughout the 12th Plan and it proposed that the government should set the focus on at 9%.
Singh further said that achieving 9% growth will require large investments within the infrastructure sector.
The global markets are in a tailspin amid concerns over euro zone debt troubles and their effect on banks, weak economic data in the US and other parts of the planet.
On the domestic front, while high inflation is the biggest concern for that government, the industry has expressed worries over rising interest rates.
The Approach Paper notes that India was "fairly successful" during the 11th Plan in using a mix of public investment and public private partnerships for infrastructure development.
"We need to create greater momentum to both these components so that present infrastructure shortages could be addressed in the shortest time available, " Singh said.