Haryana to generate revenue of Rs 6300 crore next year

Kurukshetra, Dec 12 (UNI) Haryana Finance Minister Birender Singh said that state Government would generate revenues to the tune of Rs 6300 crore in next financial year to create basic infrastructure in the state to woo foreign investment of about 2 lac Rs 2,00,000 crore by 2010.

He was talking to the mediapersons here after he presided over the monthly meeting of Kurukshetra district grievance redressal committee, where 12 cases of complaints against various departments made by public were settled in his presence.

Mr Singh said the state government had been constantly increasing the revenue resources from Rs 3000 crore in 2006 to Rs 5300 crore in 2007 for overall growth of the state.

With Rs 6300 crore estimated budget for the next year, the government has envisaged to spend 47 per cent on the growth of social sector to help the Dalits, backward classes, handicapped and other downtrodden to raise their living standard while 40 per cent would be spent on construction and improvement of the basic infrastructure in the state in the 2008-09 FY.

The main thrust in the latter sector would be on constructing best sort of roads, highways and expressways, and also more generation of power and water to meet the requirement of about 40 SEZs which are expected to come up in the state within next few years.

Mr Birender Singh said that the improved infrastructure in the state would attract more foreign MNCs and other investers to set up industries in these SEZs which will be spread in the areas ranging from 5000 acres to 12,000 acres in different parts of the state.

He said the total foreign investments is expected to the tune of about Rs 2,00,000 crore by 2010.

Replying a question, the former HPCC president said that the Congress rallies were aimed at showcasing the works done by the state government for the welfare of the people whereas the opposition parties were exhibiting their existence in the state politics and also readying themselves for the next elections.

UNI