Thaindian News

New Delhi, May 11 (IANS) The Planning Commission Tuesday approved Haryana’s annual plan outlay of Rs.18,260 crore for the 2010-11 fiscal — an increase of 82.6 percent over last year (2009-10).
The plan outlay, proposed by the state government, was finalized at a meeting here between Planning Commission Deputy Chairman Montek Singh Ahluwalia and Haryana Chief Minister Bhupinder Singh Hooda.

Compared to the plan outlay of Rs.10,000 crore for last year, the new outlay includes Rs.11,100 crore from the state budget; Rs.6,800 crore for state Public Sector Enterprises (PSEs) and Rs.360 crore for local bodies to be met out of their own resources.

The Planning Commission appreciated efforts made by the Haryana government in accelerating the pace of development and making it more inclusive.

Ahluwalia commended Haryana’s efforts in not letting the resource constraints come in the way of development.

Hooda claimed that Haryana’s fiscal management was reckoned as among the best in the country.

While revenue receipts increased by 18 percent in 2009-10 over the previous year, VAT (value added tax) collections jumped by 18.8 percent. Fiscal deficit reduced from 5.13 percent of GSDP in 1998-99 to 3.59 percent in 2010-11, a state government spokesman said in Chandigarh.

The chief minister said that the per capita income of Haryana at current prices increased by 106.67 percent from Rs.37,681 in 2004-05 to Rs.77,878 in 2009-10.

Hooda said that when he came to office (as chief minister) in 2005, the plan size was only Rs.2,236 crore. He added that the plan size now for Rs.18,260 crore is more than eight times of that plan size.

The state government has accorded priority to improvement of social services comprising mainly education, health, drinking water supply and sanitation, urban development, housing and promotion of social justice through pensions to the old, handicapped, widows and destitutes in the new plan.