Plan outlay
Source: The Sangai Express
Imphal, January 10 2013:
Citing global economic slowdown which has also affected the Indian economy, the Planning Commission has instructed the State Govt to prepare the next fiscal year's plan outlay by increasing only 5 to 8 per cent from the plan size of the current fiscal.
The Commission's instruction was conveyed to officials of Planning Department by Chief Secretary DS Poonia at a meeting in Secretariat South Block conference hall this morning.
Incidentally, the State is facing a condition where it may not get the full plan amount of Rs 3500 crs for the current fiscal from the Centre.
As of now, only 8 per cent of the plan amount has been spent so far.
The figure reaches 20 pc if funds released by Finance Department are taken into account.