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State to get major share of funds

By Spl. Correspondent

NEW DELHI, April 22 � Under the revised formula worked out for distribution of funds under Non-Lapsable Pool of Resources (NLCPR), Assam is slated to corner the highest allocation of 27 per cent of the total funds, on the basis of the State�s population.

In view of the latest population figures as per Census 2011, Minister of Development of North Eastern Region (DoNER), Bijoy Krishna Handique, has approved the revision of the allocation for distribution of funds among the States of the North Eastern region, an official spokesman said.

�It has been our priority to lend objectivity to the distribution of NLCPR funds among the eight States of the region. The NLCPR fund was conceived to ensure speedy development of the region by increasing the flow of budgetary financing with a focus on physical and social infrastructure sectors. We remain committed to meeting this objective,� Handique said

The NLCPR committee of the Ministry in its 93rd meeting held on April 13 reviewed the existing allocation for national distribution of NLCPR funds among the NE States and recommended the revision.

There is a budget provision of Rs 800 crore during the year 2011-12 for NLCPR for all eight States of the region.

The revised allocation has been calculated on the availability of data on various parameters like Census 2011, Human Development Index 2006, road density 2008, number of beds in hospitals, electrified villages and completion rate of NLCPR projects.

Since the inception of the fund, (1998-1999), Rs.7305 crore has been released for projects covering different sectors in the region.

The following is the revised allocation format worked out by DoNER Ministry.

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State to get major share of funds

NEW DELHI, April 22 � Under the revised formula worked out for distribution of funds under Non-Lapsable Pool of Resources (NLCPR), Assam is slated to corner the highest allocation of 27 per cent of the total funds, on the basis of the State�s population.

In view of the latest population figures as per Census 2011, Minister of Development of North Eastern Region (DoNER), Bijoy Krishna Handique, has approved the revision of the allocation for distribution of funds among the States of the North Eastern region, an official spokesman said.

�It has been our priority to lend objectivity to the distribution of NLCPR funds among the eight States of the region. The NLCPR fund was conceived to ensure speedy development of the region by increasing the flow of budgetary financing with a focus on physical and social infrastructure sectors. We remain committed to meeting this objective,� Handique said

The NLCPR committee of the Ministry in its 93rd meeting held on April 13 reviewed the existing allocation for national distribution of NLCPR funds among the NE States and recommended the revision.

There is a budget provision of Rs 800 crore during the year 2011-12 for NLCPR for all eight States of the region.

The revised allocation has been calculated on the availability of data on various parameters like Census 2011, Human Development Index 2006, road density 2008, number of beds in hospitals, electrified villages and completion rate of NLCPR projects.

Since the inception of the fund, (1998-1999), Rs.7305 crore has been released for projects covering different sectors in the region.

The following is the revised allocation format worked out by DoNER Ministry.

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