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Plan panel okays Rs 57,800 cr for UP

Plan panel okays Rs 57,800 cr for UP
After the centre government cleared a Rs 45,000 crore package for Uttar Pradesh, the Planning Commission on Wednesday approved Uttar Pradesh’s annual plan of Rs 57,800 crore for 2012-13.

This amount is a substantial jump from the last year, where the  commission had approved an outlay of Rs 47,000 crore.

The amount also includes Rs 800 crore central assistance for Kumbh Mela. The government will get an additional Rs 20,000 crore. As part of the package, Rs 4,699 crore has been outlayed for agriculture and the maximum amount of Rs 7,438 crore has been sanctioned for social security schemes of the state government.

The annual outlay for the state was finalised at a meeting between Planning Commission deputy chairman Montek Singh Ahluwalia and UP chief minister of Akhilesh Yadav. ‘To achieve the targeted growth of 10 per cent in the terminal year of the 12th Plan (2012-17), an investment of Rs 16.70 lakh crore will be required, out of which Rs 4.86 lakh crore will be in public sector and Rs 11.84 lakh crore in private sector,’ said Akhilesh Yadav.

Pointing out the water problem in the Bundelkhand, Yadav said that money that is being allocated for irrigation purpose for the Bundelkhand region is not enough and the package for the region should be increased by the centre.
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