Rajasthan State Annual Plan, 2007-08

By: EconomyWatch   Date: 30 June 2010

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Annual Plan size for Rajasthan for the year 2007-08 was finalized at a meeting between the Deputy Chairman, Planning Commission, Shri Montek Singh Ahluwalia and the Chief Minister of Rajasthan, Smt. Vasundhara Raje Scindia.

The total Plan outlay was agreed at Rs.11638.87 crores. This includes additional Central assistance of Rs.70 crores provided for projects of importance to the State.

Commenting on the Plan performance of the State, Deputy Chairman, Planning Commission, said that fiscal management was improving. He said the State was progressively moving out of Bimaru status. Efforts to make Plan more inclusive are commendable. He said the State Government has successfully implemented public private partnership in infrastructure development and its effort to introduce public private partnership in social sector is commendable. The State Government was asked to evolve programmes based on optimum utilization of resources and it was suggested that water conservation should get top priority. The Centre on its part would shortly announce setting up of National Rain fed Authority and expansion of Rural Employment Guarantee Programme was on cards. The State Government should lay more emphasis on engaging youth having no employable skills.

Briefing the Commission on priorities for the next financial year, the Chief Minister Ms. Scindia said highest priority would be accorded to social and community services and power sector. Over 35 per cent budgetary support would go to social and community services while power sector will get nearly 24 per cent of plan outlay. She said significant improvement has been achieved in revenue deficit and fiscal deficit and growth rate in tax revenue and non-tax revenue was likely to be more than 14 and 13 per cent respectively. The State was likely to generate revenue surplus and gross fiscal deficit as percentage of GDP for the current year was likely to be less than 4 per cent.

She said in Eleventh Plan power sector would get nearly Rs.5000 annually. Social sector programmes will have a three-fold increase to make plan more inclusive. Water, education and health will also be priority sectors.

Source: PIB


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