Finance HomeNational
Plan outlay for TN fixed at Rs 16,000 crore
Tuesday, February 12, 2008 09:04 [IST]

New Delhi: The Planning Commission fixed the annual plan outlay of Tamil Nadu for 2008-09 at Rs 16,000 crore, up from Rs 14,000 crore in the current fiscal.

The plan size was agreed at a meeting here between Commission deputy chairman Montek Singh Ahluwalia and Tamil Nadu Finance Minister K Anbazhagan, a release issued by the Tamil Nadu government said tonight.

"The National Development Council had approved an outlay of Rs 85,344 crore under the XIth five year plan. Keeping in mind the current financial situation, the outlay was seconded at Rs 15,500 crore," the release said.

The Commission agreed for a plan size of about Rs 16,000 crore for next financial, it said.

During the meeting with Ahluwalia, Anbazhagan demanded more funds for carrying out projects under the Centre's Bharat Nirman Scheme.

The state's annual plan for 2008-09 will focus on revitalising agriculture sector and improving the quality of life of urban and rural population by providing essential social and economic infrastructure.

The State government requested the Commission to approve the Vilupuram-Dindugul broadgauge railway line into two-way line, the release said, adding it also requested the Centre to fund the Metro Rail project to be implemented in the metropolis.

"The planning commission deputy chairman expressed happiness over the state's performance in implementing the Centre's project," the release said, adding he also lauded the government in attracting investments from both national and international firms.


Source : PTI

 Post Your Feedback   
Name
Email ID
Comments
 Other Features
News today
Press Releases
Stock Research
Market Tools
Print this page
Mail this page
Archives

  
More Finance News
US stock show up in green
Gold prices at all time high
Manufacturing sector recuperating...
Nokia to bid for Nortel assets
BSE to alter its transaction fee
Intel pays $1.25 bn to settle a...
Firefox celebrates five years
Google to buy AdMob for $750 mn
New norms of SEBI
Worst is over- Mahindra Satyam
Wanna know corporate secrets?
A doller story through doller's...
Indian trader bamboozles Aussie...
Indian economy will expand by March...
Now, what happned Sirjee?
India to wind-down fiscal stimulus:...
US,China joining hands: beware...
Nano used-car premiums fizzling out
RBI buys 200 metric tonnes gold...
Park to replace Hyundai chief
Wills Lifestyle to tweak...

    WORTH A CLICK
  Sarees
Baby Clothes
Jewellery
Bluetooth Headsets
Health & Fitness