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Maharashtra plan finalised at Rs45,000 crore

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The annual plan for Maharashtra state has been finalised at Rs45,000 crore for the year 2012-13. This was decided at a meeting between Deputy Chairman, Planning Commission, Montek Singh Ahluwalia and Chief Minister of Maharashtra, Prithviraj Chauhan.

In his comments on the plan performance of the State, Ahluwalia said the state has been taking effective measures to accelerate growth and make it more inclusive.

He said that the commission was nearing finalization of the plan document and wants states to come forward with the suggestion, which can help in improving implementation of the plan programmes. Ahluwalia said the states need to encourage private participation in the development of both social and physical infrastructure as state funding for this would not be fully available.

Maharashtra has attracted large investments with 324 mega projects having investments of Rs2.70 lakh crore with employment of over 3 lakh persons in the period of last five years. Projects worth Rs1.12 lakh crore have been finalized in this fiscal year.

On infrastructure sector, the state government said railway is a subject reserved in the union list, so expecting the states to make large contribution is unrealistic, especially in view of the limitations of state finances. The state government seeks intervention to limit state contribution to 25 per cent of construction cost of railway line. The state has decided to improve and strengthen infrastructure for air transport of passenger and cargo for boosting the growth of backward areas. The total requirement for civil aviation projects in the state in the Twelfth Plan is to the tune of Rs15,395 crore. Maharashtra has requested the centre to provide at least 50 per cent share as special grants.

The state government urged planning commission and Government of India to create a separate line of funding for addressing the challenges of mega cities and requested introduction of the concept of “National Projects for Mega Cities”, which would be entitled to receive 90 per cent of funding from the centre.

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