The annual Plan of Punjab for 2012-13 was pegged at Rs 14,000 crore with an increase of 22 per cent over the previous year in a meeting between Planning Commission of India deputy chairman Montek Singh Ahluwalia and Punjab chief minister Parkash Singh Badal in New Delhi on Monday.
Disclosing this here, a spokesperson of the state government said that the approved plan outlay included a one-time additional central assistance of Rs 480 crore. This comprised Rs 144 crore as 30 per cent central grant and Rs 356 crore as 70 per cent state share for the implementation of priority projects, especially in the water sector.
The Planning Commission of India had earlier decided to fix the size of annual plan for 2012-13 at Rs 12800 crore in April this year. That was subsequently hiked to Rs 14,000 crore.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app