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| J&K set to cut plan size of each deptt by 25 percent | | | Bashir Assad
SRINAGAR, Aug 17: Planning Commission's approved plan of Rs 7,300 crore will largely be on paper and effective plan will eventually be less than Rs. 3,000 crore. This puzzlement in the plan is because of the poor fiscal management of the present Omar Abdullah led political dispensation.
The Government has not only plan expenditure to meet out of this allocation but non-plan deficit left, tied grants and the compensation for land acquisition under the PMGSY will also have to be met out of the approved plan of 7,300 crore. An amount of Rs. 898 crore of the no- plan deficit left unfunded will have to be met out of the 7,300 crore.
Rs. 710 crore has also to be met out of the plan allocation for purpose of land acquisition under the PMGSY. Rs. 710 crore was earlier proposed to be given to state under Centrally Sponsored Scheme (CSS) head. Besides this, a large constituent of the plan of about Rs. 2,300 crore will have to be used to finance the tied grants.
Sources in Planning and Finance Department told Early Times that the non-plan expenditure under revenue component (Salary) has increased by Rs. 250 crores which again has to be met-out from the annual plan besides burden of liabilities of around Rs. 350 crore under ACA are also to be met-out from the plan which reduces the actual plan size to not more than Rs. 3,000 crore.
A file regarding the re-worked state plan is lying with the Chief Minister and as per the sources; it has been proposed to cut down the allocation to each department by 25% as compared to the previous year-2011-12 allocations. Earlier, Planning Commission had simultaneously given its nod to Rs 600 crore for the state under Prime Minister's Re-construction Plan (PMRP), about Rs 3500 crores under various Centrally Sponsored Schemes and Rs 710 crores for land acquisition under Prime Minister's Grameen Sadak Yojana (PMGSY).
Prime Minister Dr Manmohan Singh had announced Rs 710 crores package for the State under PMGSY during his visit to the State on June 25 during his visit to the state, however, the special package of land compensation under PMGSY has been now included in the approved state plan of 7300 crore.
Sources said that Omar Abdullah Government is likely to face a major embracement in the days to come for it could not even start the new developmental schemes because the available resources from all the sources are meager. With elections round the corner, Omar Abdullah Government, according to some political watchers, may resort to rhetoric's. Generally the Governments in election year would announce populist measures to magnetize the voters, however, in Jammu and Kashmir the situation is other way round as the Omar Government has to resort to cuts given the scantiness of funds. |
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