Chairs Jammu District Development Board meeting Omar approves Rs. - TopicsExpress



          

Chairs Jammu District Development Board meeting Omar approves Rs. 109.47 cr Annual Plan 2013-14 for Jammu Jammu registers 99% expenditure of last year Plan JAMMU, JULY 15 – Chief Minister, Omar Abdullah Monday approved Rs. 109.47 crores Annual Plan 2013-14 for Jammu District which includes Capital component of about Rs. 66.96 crores and Revenue component of over Rs. 42.51 crores. Chairing the District Development Board meeting of Jammu District of which he is also the Chairman, the Chief Minister dispelled the impression being created by certain quarters that the Union Government has curtailed the Annual Plan for 2013-14 for non-utilization of funds by the State Government during the last year and said that the average expenditure during the last year has been more than 90 percent in all the districts across the State, Jammu figuring at the top of the list by realizing 99 percent targets. The Chief Minister said that Jammu and Kashmir is totally dependent on the Union Government for funding of Annual Plans, as such, the financial health at the Centre reflects on the fund flowing from the Government of India to the State. He said the Government of India maintained Rs. 7300 crore Annual Plan allocations for the State for the year 2013-14 despite financial constraints. Omar Abdullah said that sometimes he envies financially sound States of the Country which earmark thousands of crores for the development purposes including providing of 1 Kg ration at the rate of Rs. 1 to the people as these States do not depend on the Central support for announcing such schemes. “Till the time we achieve that position we have to bear the constraint”, he said adding that his Government has initiated measures to give financial strength to the State so that it could spent required sums on the specific development issues on its own. Omar Abdullah said that the State had to buy power for over Rs. 3600 crores annually and the total revenue realization as power tariff in the State is about Rs. 12 to 13 hundred crores. “The Planning Commission has placed a rider to the State to collect Rs. 2840 crores from power tariff for expending on development activities during the current fiscal”, he said and added that placing of such conditions makes the situation often more difficult.
Posted on: Mon, 15 Jul 2013 15:36:13 +0000

Trending Topics



Recently Viewed Topics




© 2015