In his customary gubernatorial address in the state assembly on the first day of the budget session, Sharma said that his government has taken the bold initiative of implementing the New Economic Development Policy (NEDP) for which a total amount of Rs 1,027 crore had been invested during 2016-17.
"The policy does not comprise of simply distributing fund to all departments as allocation of fund is based on preparation of viable projects which will strengthen the economy, employ sectoral inter-linkages and perpetuate a growth-friendly regulatory environment and improve the ease of doing business in the state," he said.
Under the convergence scheme a total number of 16000 NLUP beneficiaries are being given assistance of Rs one lakh each in addition to 1,500 beneficiaries covered during 2016-17 under various sectors of the NLUP line departments, he said.
He said that while the gross state domestic product for 2015-16 was estimated at Rs 12487.73 crore, the per capita net state domestic product for the year was Rs 114524.