Planning Commission of India today approved Rs. 7300 Crore Annual Plan for Jammu and Kashmir for the
year 2012-13. This surge of 10 percent over the last financial
year’s plan came with a piece of advice “to further accelerate the pace
of economic development in the State, as there is need for building up
of infrastructure like roads, power and tourism coupled with enhancing
the provision for basic services such as health, education, drinking
water supply etc.”
PCI approved Rs 700 Crore PMRP (Prime
Minister's Reconstruction Programme), besides agreeing to provide
additional Central resources of Rs 6384 Crore – Rs 4400 Crore as a
Special Central Assistance (SCA) and Rs 1984 Crore as Special Plan
Assistance (SPA) to finance the approved Annual Plan.
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