Thursday, January 31, 2008

Bihar Annual Plan Set At Rs 13,000 Cr For ''08-09

New Delhi, The annual Plan of Bihar for the next fiscal 2008-09 has been set at Rs 13,000 crore inclusive of additional Central Assistance of Rs 100 crore of projects of special interest to the state. This was agreed here at a meeting between the Deputy Chairman, Planning Commission, Mr Montek Singh Ahluwalia, and the Chief Minister of Bihar, Mr Nitish Kumar.

It was also agreed that on the basis of mid-year performance and absorptive capacities, an additional outlay of Rs 500 crore in the special package of assistance to Bihar could be included in the Annual Plan for 2008-09, taking this to an effective Plan size of Rs 13,500 crore. In his initial remarks, Mr Ahluwalia praised the State Government for the major initiatives taken in administrative reforms, decentralisation and simplification of procedures, delegation of powers and also focused attention towards implementation of flagship programmes launched by the Central Government.

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