The Planning Commission of India on 18 July 2013 finalized the Annual Plan of 69200 crore rupees for the financial year 2013-14 for Uttar Pradesh. Deputy Chairman of Planning Commission, Montek Singh Ahluwalia and Chief Minister of Uttar Pradesh, Akhilesh Yadav together finalized the plan.
The agreed plan size includes central assistance to the State Plan of about 11225 crore rupees and an amount of about 18000 crore rupees is likely to flow from the Centre to Uttar Pradesh through various Centrally Sponsored Schemes. Thus, Plan funding from the Central Government to the State of Uttar Pradesh, from all sources, is expected to be over Rs.30000 crore during 2013-14.
Performance of the state during 11th Five Year Plan
• During the financial year 2012-13, growth rate of Uttar Pradesh was better than the national growth. The national average was 5 percent, whereas, average growth rate of Uttar Pradesh was 5.4 percent
• Growth rate in agriculture achieved by the state was 2.6 percent
• Industry and Service sector achieved the growth rate of 2.8 and 7.6 percent respectively
• The social indicators of Uttar Pradesh during the 11th Five Year Plan were positive.
• The state was successful in establishing the economic activity by focusing on the development of social and physical infrastructure
During the 12th Five Year Plan, the state needs to look forward to initiate a comprehensive study for mapping the aquifer to get rid of its dependence on the ground water for irrigation purposes. The state needs to improve on the share of manufacturing sector or industry, which has witnessed a sharp decline in past some time, by doing away the unfavourable macro-economic conditions prevalent in the state. The latest industrial policy is one of the steps to do away the unfavourable conditions.
Plans of the states during 12th Five Year plan
• Time bound implementation of national flagship programmes and effective implementation of agriculture policy
• The infrastructure and industrial policy is being implemented to attract private investment and all district headquarters are being connected by 4 lane roads by the end of the plan while all 500 plus habitations will be connected with all-weather roads in two years.
• Focus on development of economic infrastructure and more than 20 percent of the outlay would be used for this sector
• State needs to encourage private participation by creating an atmosphere conducive to investment
• Education & Health should be given priority while working out development strategy
• The State Government needs to resort optimum utilization of limited water resources while planning for five per cent growth in agriculture
• To connect all district headquarters by four-lane roads and construct 300 bridges and 100 ROB in the State, the state government may look forward to PPP mode for these projects so that they could avail the benefits under Viability Gap Funding Scheme.