Plan panel okays Rs. 53,000 crore for AP
31 May 2013 6:02 AM IST
The Planning Commission Thursday approved a plan size of Rs.53,000 crore for Andhra Pradesh for the year 2012-13, an increase of about nine percent over the previous fiscal.
The plan was finalised at a meeting between Planning Commission deputy chairman Montek Singh Ahluwalia and Andhra Pradesh chief minister N. Kiran Kumar Reddy in Delhi.
For 2012-13, the Planning Commission had approved a plan of Rs.48,953 crore. Ahluwalia complemented the state government for efforts to make development truly inclusive and also for the efforts aimed at promoting public private partnership in the development of both social and physical infrastructure.
He said better involvement of private sector would be needed during 12th Plan period as state funds would not be enough to meet the needs of infrastructure development.
He said the state had come out with lot of innovative ideas, especially in social sector, health and education.
He added that the state’s performance in agriculture was impressive and much above the national average. He noted that Andhra Pradesh is among the large states which have registered four per cent plus growth in agriculture.
The GSDP (gross state domestic product) growth of the state is more than the national level growth rate and the sectoral growth rates also places the state above the national growth rates.
The plan was finalised at a meeting between Planning Commission deputy chairman Montek Singh Ahluwalia and Andhra Pradesh chief minister N. Kiran Kumar Reddy in Delhi.
For 2012-13, the Planning Commission had approved a plan of Rs.48,953 crore. Ahluwalia complemented the state government for efforts to make development truly inclusive and also for the efforts aimed at promoting public private partnership in the development of both social and physical infrastructure.
He said better involvement of private sector would be needed during 12th Plan period as state funds would not be enough to meet the needs of infrastructure development.
He said the state had come out with lot of innovative ideas, especially in social sector, health and education.
He added that the state’s performance in agriculture was impressive and much above the national average. He noted that Andhra Pradesh is among the large states which have registered four per cent plus growth in agriculture.
The GSDP (gross state domestic product) growth of the state is more than the national level growth rate and the sectoral growth rates also places the state above the national growth rates.
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