)
“Acceleration of the growth momentum of state economy required larger quantum of capital investment. Keeping this in view, capital investment under State Plan during 2014-15 has been stepped up to Rs 14,000.58 crore under government sector schemes over Rs 7,470.99 crore during 2013-14. This accounts for 87.4 per cent increase in the capital outlay”, minister for planning & coordination Usha Devi said in a written reply in the state assembly. The State Plan size has been increased from Rs 2,484 crore in 1999-2000 to Rs 19,367 crore in 2013-14 in the government sector, representing eight fold increase, the minister informed.
In 2014-15, the State Plan size has been raised further to Rs 38,810 crore including central assistance to State Plan of Rs 9,420 crore under restructured centrally sponsored plan (CSP) schemes which is included under the State Plan from the current fiscal.
Apart from the government sector, Rs 2,000 crore has been proposed for investment by the state PSUs during 2014-15 under State Plan mostly in power sector.
It may be noted that government departments had logged an overall Plan spending of 97.82 per cent in 2013-14. Out of the approved Plan outlay of Rs 21,500 crore in the last fiscal, expenditure of Rs 21,031.92 crore was incurred.
