An annual plan of Rs 35,500 crore has been sanctioned for Madhya Pradesh for 2013-14. This is 23 per cent more than last year. The annual plan size for Madhya Pradesh was finalised following discussions between Chief Minister Shivraj Singh Chouhan and Union Planning Commission vice chairman Montek Singh Ahluwalia in New Delhi on Wednesday.
Planning and Finance Minister Raghavji and State Planning Commission vice chairman Babulal Jain were also present on the occasion.
At the meeting, Planning Commission vice chairman Ahluwalia said that Madhya Pradesh had done well in development and expenditure has been quite satisfactory. He specially lauded public-private participation in development of physical and social infrastructure in Madhya Pradesh. He lauded the fact that over 50 projects had been taken up under PPP mode in Madhya Pradesh. Ahluwalia said that Madhya Pradesh’s average gross domestic product had been 9.4 per cent during the 11th Plan, which is very encouraging and positive trend. During the Five-Year Plan, Madhya Pradesh’s agriculture growth rate increased by 6.9 per cent, industrial sector by 9.6 per cent and 10.6 per cent increase has been registered in the services sector, which is more than target and all-India average.