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Saturday, October 24th, 2020

The State Government’s performance in sectors including agriculture, health and transport is appreciable : Montek Singh Ahluwalia

INVC,, Delhi,,, The Plan outlay for Maharashtra for the year 2011-12 was finalized at a meeting, here today, between the Deputy Chairman Planning Commission, Shri Montek Singh Ahluwalia and Chief Minister of Maharashtra, Shri Prithvi Raj Chavan. The Annual Plan size was agreed at Rs. 42,000 crores. Deputy Chairman Mr. Montek Singh Ahluwalia appreciated the efforts of the State Government in improving the pace of development and making development more inclusive. He said especially commendable are the efforts to not allow resource constraint come in the way of development through imaginative use of public private partnership in major projects. He said the State Government’s performance in sectors including agriculture, health and transport is appreciable. The State Government was also complimented for new initiatives including human development mission for select districts and master plan for health infrastructure. On economic performance of the State, it was pointed out that in the period 2004-05 to 2009-10, State’s income has grown at 11.5 per cent. The industry sector which comprises of mining, manufacturing, construction, electricity, gas and water supply grew at rate of 12.1%. Mr Ahluwalia said Maharashtra continues to occupy the foremost position in the country in respect of its share in factory employment. Under Foreign Direct Investment Scheme, 4175 projects with an investment of about Rs, 83,779 crore have been approved for the State and of them 1,665 units have already been commissioned. Between August 2001 and August 2010 a total of 16,140 projects involving an investment of Rs 6,95,516 crore have been taken up in the State and are in different stages of implementation. Of them 6657 projects have started production. The State was advised to give more attention to the MSME sector. Need to create a sound policy environment to help VSE sector was also stressed to meet the growing challenges of globalization. Advisory Board at State level should be constituted and separate policy for tiny and micro enterprises developed to encourage growth of the sector. There is need to extend comprehensive marketing support through project sub-contracting promotion policy for linkage between small, medium and large industries. Briefing the Commission on performance of the State, Mr Chavan said fiscal discipline was the priority of the Government and efforts are on to make benefits of development reach people. He said in the industrial sector the State has received highest foreign direct investment and 35 % of total FDI of the country between 2000-01 and 2010-11 has come to Maharashtra. He said an investment of Rs. 2,50,000 crore with an employment of around 5 lakh persons was expected in next four years. He sought Planning Commission support in taking forward various projects including third phase of metro. He said a number of new projects including mono-rail and metro would have trial run this year.

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