Plan Panel approves Rs 24,000 cr annual outlay for Bihar
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Bihar

Plan Panel approves Rs 24,000 cr annual outlay for Bihar

Last Updated: Tuesday, February 15, 2011, 22:21
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New Delhi: To uplift Bihar from bottom of development index, the Planning Commission on Tuesday raised annual outlay for the state by 20 percent to Rs 24,000 crore with emphasis on power sector for 2011-12 financial year.

"Bihar is doing well. Growth rate has picked up. There is good growth in agriculture ... we wish to promote its growth process," Planning Commission Deputy Chairman Montek Singh Ahluwalia told reporters after nearly two-hour meeting with state Chief Minister Nitish Kumar to finalise plan outlay for the state.

"We have also assured support for continuing development work. This is the last year of the 11th Plan and we have agreed on a plan size of Rs 24,000 crore which emphasises many different sectors," he said.

Last year, the Planning Commission had approved the outlay of Rs 20,000 crore.

Bihar needs to focus on the power sector. The financial performance of the sector needs to be strengthened, Ahluwalia said.

Kumar agreed with Ahluwalia and said the state government is enhancing power generation capacity in both conventional and non-conventional energy sources.

However, improvement is required in tariff collection from the users, Kumar said.

The Bihar Chief Minister said that in order to tap non-conventional energy sources he also met New and Renewable Energy Minister Farooq Abdullah earlier during the day.

Kumar said he also met Finance Minister Pranab Mukherjee for settlement of cost escalation of project undertaken by the central government post Bihar restructuring in 2000.

The central government has agreed to fund the cost escalation and the sanctioned Rs 3,100 crore against the earlier estimate of Rs 1,450 crore.

As part of Bihar restructuring package, the central government had initiated certain key projects under Rashtriya Sam Vikas Yojana and additional support was given to the project. However, due to delay on part of implementing agencies, there was cost escalation, Kumar said.

During the meeting with Ahluwalia, it was also emphasised that the state needs to improve pace and meet targets set. Attention was also drawn to the poverty level which was much higher -- both in rural and urban areas -- than the national average.

Even literacy level was low as compared to all India level. Special attention was drawn to the female literacy rate which is far below than national average, Ahluwalia said.

The meeting also reviewed implementation of UPA's flagship schemes including MGNREGA and Mid-Day Meal scheme and asked the state to further streamline their execution.

Kumar requested the Planning Commission that some of social sector programmes need review of guidelines to make them implementable.

For this annual plan of Rs 24,000 crore, the state government will use its savings to finance 41 per cent (Rs 9934.49 crore) of the plan, borrow 27 per cent (Rs 6,342 crore) and remaining 32 per cent (Rs 7,723.51 crore) from central assistance, Kumar said.

Main development priorities will continue to be infrastructure including roads with 23.88 per cent, power with a share of 7 per cent, education with a share of 12.56 per cent and other social service like health, water-supply, sanitation, rural housing and empowerment of women and social security with a share of 22.13 per cent, he said.

Kumar said efforts are on to improve investment climate and accelerate pace of infrastructure development by encouraging public-private partnership in both physical and social infrastructure development.

The initiatives taken by the State Government has shown results and Central Government should help him in bringing the state at par with other better developed states, he added.

Not missing to score a political point over his arch-rival Lalu Prasad, Bihar CM said unlike the RJD government going for vote on account, the NDA government is coming out with Budget every year.

He also boasted better financial management under the present regime and speedy execution of developmental scheme.

PTI

First Published: Tuesday, February 15, 2011, 22:21

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