Tamil Nadu plan outlay for FY13 agreed at Rs 28,000 crore

CHENNAI: The annual plan size for the state has been finalised at Rs 28,000 crore for the fiscal 2012-13. The plan size has been agreed between Montek Singh Ahluwalia, Deputy Chairman, Planning Commission and state Chief Minister J Jayalalitha.

Ahluwalia noted that Tamil Nadu has got an impressive improvement record in human development indices along with the growth in services sector. Per capita income levels have risen in the state with the help of sustained GSDP growth.

The Planning Commission has appreciated the state government's initiatives to undertake inclusive growth. He also said that the state needs reform steps such as power tariff revision. It also time for Tamil Nadu to lure knowledge-based investment and for this purpose focus needs to be on bringing improvement in the education quality. It was also said that 12th Five Year Plan will prioritise education, health and infrastructure.

The state CM stated that Tamil Nadu is hoping to raise the share of manufacturing sector in the state’s economy, improve agriculture productivity and emphasis on bringing improvement in skills and human resources.

Meanwhile, she also requested Centre to offer additional Rs 300 crore to develop basic infrastructure for people residing near the Kudankulam Nuclear Power Plant (KNPP).