Profiles of 217 infrastructure projects in 6 major sectors ready
The second phase of the Tamil Nadu Vision 2023 Document, unveiled on Friday by Chief Minister Jayalalithaa, contains reports on the sector strategy approach and profiles of infrastructure projects proposed for implementation in the identified sectors.
The document – whose first part was released in March 2012 – includes profiles of 217 infrastructure projects in six major sectors – energy, transport, industrial and commercial infrastructure, urban infrastructure and services, agriculture and human development.
Handing over the first copy to Finance Minister O. Panneerselvam, the Chief Minister said she was fully committed to converting the Vision into reality. Besides 14 per cent growth in the manufacturing sector every year, the Vision Document seeks to achieve an overall investment of Rs.15 lakh crore in all sectors of the State economy by 2023.
Some of the suggestions received after Phase-I was released, Ms.Jayalalithaa said, had been addressed in Phase-II. This included stepping up the envisaged investment in the agriculture sector from Rs.40,000 crore to Rs.1,21,400 crore.
The projected investment in the human development sector had also been increased from Rs.30,000 crore to Rs.59,140 crore. Noting that structural transformation was critical to place the State on a higher growth trajectory, she said the core of the transformation was in increasing the share of manufacturing.
“I believe that while we continue to focus on agriculture and accelerate its growth, we must also focus on creating far more jobs in manufacturing,” she said. The Vision 2023 document intended to raise the share of manufacturing in GSDP from 17 per cent now to 22 per cent by 2022-23.
An official note said the profiles of over 217 projects highlighting the rationale for choosing these projects and their impact had been prepared.
“While some of the initiatives are amenable to be implemented as projects, for example, power generation projects or port projects, some other initiatives are best described as programmes, comprising a series of smaller projects and policy measures that are to be implemented at a number of locations.”
The feasibility reports, detailed project reports and specific schemes for the projects and programmes would be taken up for implementation by different agencies - some in the public sector mode, others as public-private partnerships and in certain cases as private sector initiatives with some facilitation by the State government.
The next phase of the Vision formulation exercise would detail the ‘infrastructure action agenda’ to effectively implement the program finalised under the first two phases, the note said.