Financial Daily from THE HINDU group of publications
Thursday, Apr 25, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Industry & Economy - Economy


Plan outlay for Chhattisgarh

Our Bureau

NEW DELHI, April 24

CHHATTISGARH'S annual Plan for the current fiscal has been fixed at Rs 1757 crore with its Tenth Plan (2002-07) outlay estimated at Rs 11,000 crore.

This was decided at a meeting between the Planning Commission Deputy Chairman, Mr K.C. Pant, and the State Chief Minister, Mr Ajit Jogi.

Mr Pant said that Chhattisgarh was among the few States with surplus power, which should be taken maximum advantage of.

He said the State was well placed to attract industry and become a major industrial hub and said the State's policy to rely on development of infrastructure rather than incentives would encourage sustainable industrialisation.

He urged the State to formulate a long-term master plan for development of roads. He said the declaration of Chhattisgarh as a State with high herbal resources and setting up of a network of protected areas to conserve medicinal plants was a step in the right direction.

In his remarks, Mr Jogi urged the Plan panel to grant special category status to the nascent State as it conforms to all the criteria for being accorded special status.

He said the Planning Commission needs to have a review on the grant/ loan ratio under the Gadgil-Mukherjee formula. He pleaded for more aid to upgrade infrastructure in State capital and sought revision of royalty on coal and other major minerals.

Send this article to Friends by E-Mail

Stories in this Section
Plan outlay for Chhattisgarh


Core sector growth rate down to 3 pc in 2001-02
Migration cited for fewer men in Kerala
EEPC seeks to tap EU sub-contracting market
Environmental awards
Kerala: `Save shola'
FICCI moots technology upgrade allowance
India, Australia keen to expand trade
Canadian province seeks investment
Govt initiative on genomics attracts good response
Survey of power consumers
Rescind passport fee hike, say travel agents
Move to improve civic amenities in Bangalore
Info terminals for students
FICCI pact to promote sports
CII draws up blueprint for better governance
Tirupur brand building gets back on track
Columbia Tristar keen to crack into AP market
Cabinet defers proposal on FDI in print media
Iffco-Kribhco pressured out of SCI race?
Ministerial meet on HPCL, BPCL sale on April 29
Gujarat violence to hurt investments: UK envoy
New Industrial Park Scheme formulated
I-T sops for exports being abused: PAC
AP: State showcases tourism potential
Govt committed to promoting tourism: Antony


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line