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Tripura�s plan outlay fixed at Rs 2,250 cr

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AGARTALA, March 30 � The Planning Commission has fixed Tripura�s annual plan outlay at Rs 2,250 crore for the year 2012-13, according to an official communiqu�.

The allocation is 15.38 per cent more than that of last year�s Rs 1,950 crore of the annual plan for 2011-12 financial year. The outlay has been finalised at a meeting between Deputy Chairman of Planning Commission Montek Singh Ahluwalia and Tripura Chief Minister Manik Sarkar in Delhi on Thursday.

Finance Minister Badal Chowdhury, Chief Secretary SK Panda, Additional Chief Secretary KV Satyanarayan and Y Kumar, Secretary of Planning and Coordination were also present in the meeting.

The Planning Commission had allocated Rs 1,950 crore for the year 2011-12. The cash-starved State had demanded Rs 2,196 crore for 2012-13 financial year keeping in mind the financial crisis after the 13th Finance Commission had undervalued the State�s non-plan expenditure. As per the government, the Finance Commission had under valued Rs 10,499 crore till 2014-15 FY.

The under valuation by the FC has pushed the State�s economy in an awkward position prompting the State Government to seek special package to tide over the unprecedented financial crisis. However, the Centre had turned down the demand saying the award had been adopted by the Lok Sabha and nothing can be done now.

However, the reaction after the 15.38 per cent hike in the plan outlay has not been received from the government side. Usually, the Planning Commission increases plan size by 21-22 per cent. However, this time, the government has received Rs 300 crore more than that of last time.

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Tripura�s plan outlay fixed at Rs 2,250 cr

AGARTALA, March 30 � The Planning Commission has fixed Tripura�s annual plan outlay at Rs 2,250 crore for the year 2012-13, according to an official communiqu�.

The allocation is 15.38 per cent more than that of last year�s Rs 1,950 crore of the annual plan for 2011-12 financial year. The outlay has been finalised at a meeting between Deputy Chairman of Planning Commission Montek Singh Ahluwalia and Tripura Chief Minister Manik Sarkar in Delhi on Thursday.

Finance Minister Badal Chowdhury, Chief Secretary SK Panda, Additional Chief Secretary KV Satyanarayan and Y Kumar, Secretary of Planning and Coordination were also present in the meeting.

The Planning Commission had allocated Rs 1,950 crore for the year 2011-12. The cash-starved State had demanded Rs 2,196 crore for 2012-13 financial year keeping in mind the financial crisis after the 13th Finance Commission had undervalued the State�s non-plan expenditure. As per the government, the Finance Commission had under valued Rs 10,499 crore till 2014-15 FY.

The under valuation by the FC has pushed the State�s economy in an awkward position prompting the State Government to seek special package to tide over the unprecedented financial crisis. However, the Centre had turned down the demand saying the award had been adopted by the Lok Sabha and nothing can be done now.

However, the reaction after the 15.38 per cent hike in the plan outlay has not been received from the government side. Usually, the Planning Commission increases plan size by 21-22 per cent. However, this time, the government has received Rs 300 crore more than that of last time.

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