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Updated: June 4, 2012 02:42 IST

Jayalalithaa to demand Rs.28,000-cr. Plan outlay

Special Correspondent
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Chief Minister Jayalalithaa
Chief Minister Jayalalithaa

Chief Minister Jayalalithaa, who is scheduled to leave for New Delhi on Monday morning for a meeting with Union Planning Commission, is likely seek a Rs.28,000 crore outlay for the State's Annual Plan for 2012-13.

The schemes, component and size of the plan will be finalised during her discussions with Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission. The approved outlay for 2011-2012 was Rs.23,535 crore.

The 11 Five Year Plan, achieved by March 2012, had an outlay of Rs.85,344 crore, 113 per cent more than the outlay of the previous plan. Then, the objective was to achieve nine per cent of the Average Annual Growth Rate (AAGR) during the plan period.

Finance Minister O. Panneerselvam, in a policy note on planning and development tabled in the Assembly in the last budget session, had stated that expenditure exceeded the approved outlay during every year of the 11th Plan period.

As against the approved outlay of Rs.14,000 crore for 2007-08, expenditure was Rs.14,224 crore. Next year, expenditure exceeded the approved outlay of Rs.16,000 crore by Rs. 275 crore. Similarly, in 2009-10 too, expenditure was Rs.334 crore higher than the approved outlay and in 2010-11 it was Rs.397 crore more than the approved outlay.

Ms. Jayalalithaa is scheduled return to Chennai in the evening.

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There should be some recognised yardsticks for allocating funds to the states. TN which has shown a greater growth rate is getting Rs. 25000 as against Maharashtra which has shown a lower growth rate -it gets Rs. 45000 crores. Will the TN CM take up this strenuously with the OPM and the Planning Commission.

from:  s.subramanyan
Posted on: Jun 4, 2012 at 18:49 IST
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