Business Friday, June 26, 2009

Punjab annual plan pegged at Rs.8,625 crore

From correspondents in Punjab, India, 08:30 PM IST

The 2009-10 annual plan outlay for Punjab has been pegged at Rs.8,625 crore, an increase of 39 percent over last year.

The details of the state's annual plan were finalised Friday in New Delhi at a meeting between Planning Commission Deputy Chairman Montek Singh Ahluwalia and Punjab Chief Minister Parkash Singh Badal and senior officials.

A Punjab government spokesman said the new annual plan showed a leap of Rs.2,415 crore over last fiscal, when it was Rs.6,210 crore.

Of the total plan outlay, 31 percent has been earmarked for the energy sector, followed by the social services sector with a share of 26 percent.

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