Mizoram State Annual Plan, 2006-07


The Annual Plan for Mizoram for the year 2006-2007 was finalized at a meeting between Deputy Chairman, Planning Commission Shri Montek Singh Ahluwalia and Chief Minister of Mizoram Shri Zoramthanga. The Annual Plan was finalized at Rs.758 crores as against Rs.685 crores for the current financial year. This includes Rs.46.85 crores of additional Central assistance for the special programmes / projects of the State.


The Annual Plan for Mizoram for the year 2006-2007 was finalized at a meeting between Deputy Chairman, Planning Commission Shri Montek Singh Ahluwalia and Chief Minister of Mizoram Shri Zoramthanga. The Annual Plan was finalized at Rs.758 crores as against Rs.685 crores for the current financial year. This includes Rs.46.85 crores of additional Central assistance for the special programmes / projects of the State.

The Deputy Chairman complimented the State Government for Plan expenditure realization during the Tenth Plan period. He said the State was expected to spend nearly 85 per cent of the outlay for the period. Mr. Ahluwalia said the State has been taking initiatives to improve financial health but more efforts would be appreciated in certain areas. To supplement efforts aimed at improving agro-forest base of economy, emphasis on better quality of infrastructure was required. He also appreciated the State for high literacy rate.

He said the Commission would shortly send a Team of Technical Experts to help State in tackling the problem arising out of bamboo flowering. Attention was also drawn to the need to improve investment in agriculture sector as State was pursuing a modal of urbanizing villages.

The State Government was also suggested to improve execution capacity as during the next financial year fund flow under Central Government programmes including Bharat Nirman, employment guarantee and rural electrification was likely to increase. While appreciating the economic position of the State, attention was drawn to high percentage of public expenditure and low share of taxes in GSDP.

The Chief Minister informed the Commission about the new initiatives taken by the State Government for resource mobilization and accelerating growth. He said new taxes have been introduced, tariff for power and water have been increased and number of cost cutting measures taken. Initiatives for accelerating development include introduction and implementation of policy on industrial development, information technology and energy. Development of horticulture and bamboo are being given focused attention as they can catalyze State’s economy.

 

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