CM may stress on public-private JV | india | Hindustan Times
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CM may stress on public-private JV

WHEN CHIEF Minister Mulayam Singh Yadav holds discussions with Deputy Chairman Planning Commission Montek Singh Ahluwalia on the Approach Paper to the 11th Planning Commission on July 3, 2006, he may emphasise on steps for infrastructure development for greater public-private sector partnership.

india Updated: Jul 02, 2006 01:37 IST

WHEN CHIEF Minister Mulayam Singh Yadav holds discussions with Deputy Chairman Planning Commission Montek Singh Ahluwalia on the Approach Paper to the 11th Planning Commission on July 3, 2006, he may emphasise on steps for infrastructure development for greater public-private sector partnership.

As the Planning Commission has circulated the Approach Paper inviting suggestions to formulate the 11th Plan, the State Government is busy working out points for discussion between Chief Minister and the plan panel deputy chairman. Principal secretary (planning) V Venkatachalam also held several rounds of meetings.

Venkatachalam, who is back after cancelling his foreign tour, also held consultations with Chief Minister on the issue.

According to sources, the State Government may also lay emphasis on development of agriculture, health and education sectors to ensure that the benefits of growth reach all areas and each and every section of society. As the average growth rate of Uttar Pradesh is likely to remain nearly 5 per cent during the 10th Plan period, there are indications that UP too may target a higher growth rate to narrow down the gap between state and national growth rate.

As per the Approach Paper, the Planning Commission feels that economy could grow between 8 to 9 per cent during the period. “With population growing at 1.5 per cent every year, this would ensure that the real income of average Indian would double in 10 years,” says the Approach Paper.