PC seeks plan, PMRP resources from J&K within a week28 November 2011
The Daily Excelsior
Jammu: The State Government has decided to seek ' 7300 crore worth annual plan for next financial year of 2012-13 and an extension in Prime Minister's Re-construction Plan (PMRP) till the work undertaken in hands under the PMRP are completed. The Government decision comes in the wake of a Planning Commission message to send protections of resources including annual plan and PMRP for next financial year within a week, official sources said. After receiving the Planning Commission SOS, the Government has decided that it would be asking for ' 7300 crore worth annual plan for next financial year and seek extension of PMRP for one more year or till the works undertaken in hands are completed. 'If the Union Government and the Planning Commission agreed to extend PMRP, the Government would be asking for ' 1200 crore under it for next fiscal year', sources said, adding the Government has worked out its projection of resources and would be sending a reply to the Planning Commission of India within a week. During current financial year, the State had been allotted ' 6600 crore worth annual plan and ' 1200 crore under PMRP. The State would be asking for a 10 per cent step-up in the annual plan for next financial year, which comes around at ' 7300 crore. The Planning Commission has also asked the State Government to give projections for 12th five-year plan, which would be starting from April 1, 2012. The 11th five-year plan is ending during the current financial year. The State was working out the amount, priority sectors and other requirements to be projected before the Central Government and the Planning Commission for 12th five-year plan in the next few days. The Ministries of Finance and Planning were engaged in hectic consultations over the amount and priority sectors for 12th five-year plan, whose first meeting was expected to be convened by Union Finance Minister Pranab Mukherjee in the next few days. Sources said the meetings between the Government representatives with the Planning Commission of India were set to begin after the middle of December by when the meetings at the department level in the State will be completed. 'As soon as a detailed proposal for next year's annual plan, PMRP, 12th five year plan, priority sectors and projection of resources is completed in next few days and sent to the Planning Commission, it was expected to call a meeting of the officers at the highest level very shortly, most probably in the middle of December', sources said. The PMRP, whose tenure has already been extended twice by the Union Government after expiry of the term, would be completing its term on March 31 next year. Sources said the State Government would be seeking an extension in the PMRP for one more year or till the works undertaken in hands under the Plan are completed. This year, the State was given ' 1200 crore under the PMRP. The State would again ask for an equal amount in the next financial year in addition to extension in the PMRP. 'We will project before the Union Government and the Planning Commission an extension in the PMRP till all projects already undertaken in hands are completed', sources said and expressed confidence that the Union Government, keeping in view the conditions prevailing in the Valley and difficult terrain, would not only agree to extension of the PMRP but also release another ' 1200 crore in the next financial year. The Finance Ministry has already initiated a 13 days long exercise for holding department wise meetings to know the requirements of each and every department for projection in the budget and submission before the Planning Commission. Sources said a series of meetings between senior officers of the State Government were expected with the Union Government and the Planning Commission during December and January before the State Government is given a nod for annual plan and PMRP for next financial year, which would be incorporated in next year's budget..