No strategy for employment generation in 11th Plan : JK CM

Subscribe to Oneindia News

New Delhi, Dec 19 (UNI) Jammu and Kashmir Chief Minister Ghulam Nabi Azad today criticised the centre's policies for removing unemployment and stressed the urgent need to modify the financing pattern of all centrally-sponsored schemes for special category states.

Mr Azad, in his address at the 54th National Development Council (NDC) meeting here, said that even as there was a lot of discussion in the 11th Five Year Plan, employment was not central or intrinsic to the Plan formation.

He said the strategic thrust and policy intervention was somewhat missing. ''There does not seem to be a clear-cut strategy for employment generation, as there is, for instance, for growth in output,'' he said.

Stressing the need to explore the possibility of using monetary policy for employment generation, the Chief Minister said that currently the way monetary policy was being conducted, unemployment costs of fighting inflation were turning out to be high.

He called for a framework for conducting monetary policy oriented to dealing with unemployment.

''It is absolutely imperative that we start right from today the process of institutional capacity-building and institutional reforms. Only then will we be spending the allocated money in an appropriate manner,'' he said.

The Chief Minister stressed the urgent need for modifying the financing pattern of all centrally-sponsored schemes for special category states so that these states are expected to contribute only ten per cent of the cost of their share.

This would help them take full advantage of these schemes within the constraints of resources facing them.

He said the state governments should not become mere implementing agencies for central plan or centrally- sponsored schemes.

''They have to concentrate and deliver on their own state plans and district plans...We have to ensure that we strike a balance somewhere so that the specific local needs of a state are met...'' he added.

UNI

Please Wait while comments are loading...