J&K gets Rs 6,000 crore plan, and a pat
Finally, when the plan discussions took place in New Delhi, Jammu and Kashmir had a lot to cheer about , Rs 6,000 crore plan allocation, and another Rs 1200 crore under Prime Minister Reconstruction Plan.Updated: Jun 19, 2010 13:14 IST
Finally, when the plan discussions took place in New Delhi on Friday, Jammu and Kashmir had a lot to cheer about , Rs 6,000 crore plan allocation, and another Rs 1200 crore under Prime Minister Reconstruction Plan.
More than this was the appreciation of the state’s direction in steering the economic development in the challenging times.
Deputy Chairman Planning Commission Montek Singh Ahaluwalia complimented Chief Minister Omar Abdullah for providing a direction that would lead the state to new heights.
The state had been waiting for the plan allocation for over four months now. But when it was finally allocated today, there were smiles all around among the officials who had prepared the plan with meticulous details and precision .
Also came a pat for the Employment policy of the state. The policy makers in the planning commission told J&K delegation that they would like to emulate it at the national level.
In cool statistical terms, the Planning Commission approved the size of current year’s Annual Plan for J&K at Rs 6000 crore, a straight hike off 9 per cent, or Rs 500 crore more than the previous year’s allocation.
An additional Special Plan Assistance of Rs 4606 crore will be made available by the Centre to the State, over and above the State’s entitlement for fully funding the Plan.
Additionally, the State is going to receive Rs 1200 crore under Prime Minister’s Reconstruction Plan (PMRP).
The Planning Commission has conveyed its deep appreciation of the efforts being put in by the Coalition Government led by Chief Minister Omar Abdullah for translating development measures into concrete and positive outcomes.
In particular, the Planning Commission had a word of praise for the Chief Minister and his team for moving decisively on the reforms agenda—both in the Urban and Power sectoRs
Based on a considered assessment of the State’s resources during current year and a clear endorsement of the State Government’s requirement of pursuing a vibrant and effective developmental agenda, the Planning Commission today approved such a size of plan for the state, in need of extra pace of development both in building infrastructure.
It was a result of a shared theme of the Omar Abdullah Government and the Centre that the development was intrinsically linked to peace and prosperity of the state.
The violence of the past 20 years had ruined the infrastructure and also threw additional challenges of governance.
First Published: Jun 18, 2010 21:15 IST