Financial Daily from THE HINDU group of publications
Tuesday, Feb 07, 2006
Financial Daily from THE HINDU group of publications Tuesday, Feb 07, 2006 |
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Industry & Economy
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Economy M.P. annual Plan size pegged at Rs 9,020 cr Our Bureau
New Delhi , Feb. 6 THE annual Plan size for Madhya Pradesh for 2006-07 has been pegged at Rs 9,020 crore, inclusive of a one-time Central assistance of Rs 80 crore for projects of special assistance to the State including the Bhopal Memorial to the gas victims. At a meeting between the Deputy Chairman, Planning Commission, Mr Montek Singh Ahluwalia, and the Chief Minister, Mr Shivraj Singh Chauhan, to finalise the State's next fiscal Plan size, Mr Ahluwalia said the State Government had taken steps to improve fiscal position and investment climate. He said the State had improved on Plan expenditure realisation and made significant headway in providing educational facilities to children but dropout rate continues to be high. Attention was drawn to under utilisation of irrigation potential and the State Government was asked to improve utilisation of funds. He said the State was likely to benefit from the flow of funds under the priority projects of the Central Government including Bharat Nirman, roads and backward region grant fund. Need was to gear up the administrative machinery to ensure optimum utilisation of the funds, Mr Ahluwalia said, adding that seven districts of the State were likely to be included in the backward region grant fund and would get around Rs 124 crore annually for these districts. The State Government was asked to prepare city development plan for taking benefit from Jawahar Lal Nehru Urban Renewal Mission, which will cover Bhopal, Jabalpur, Indore and Ujjain.
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