Funds for 1184 works under execution in J

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Srinagar, Sep 11 (UNI) As many as 1184 works under execution have been identified which requires Rs 50 lakh or less for their completion in the Jammu and Kashmir, where under the Prime Minister's Reconstruction Plan (PMRP) an amount of Rs 850 crore has been earmarked for its implementation in the year 2007-08.

An official spokesman said today that the Government has decided to complete the under execution works requiring Rs 50 lakh or less for its completion.

He said 1184 such works were identified in the state for which funds were earmarked.

The state has received focused attention for the overall development during the recent years, as a result the state was able to make commendable progress in almost every sector, he said.

During 2007-2008 an annual plan was approved for the state at Rs 4850 crore which included a revenue component of Rs 88.35 crore and a capital component of Rs 3966.59 crore.

Due to the efforts of the developmental agencies, 92.07 per cent of annual plan, amounting to Rs 4439, crore, was utilised better results at gross roots.

Under the plan PMRP, Rs 701.88 crore were spent last year besides the state received Rs 635 crore as the loan component.

About Rs 968.66 crore were earmarked for the purpose during the year 2007-08 which included a revenue component of Rs 239.83 crore and a capital component of Rs 728.83 crore.

The capital component included Rs 414.35 crore as state share, Rs 200 crore as loan and Rs 30.29 crore under PM's Reconstruction Plan.

The overall expenditure against the district plan for the year 2007-08 was about 88.85 per cent.

The state Government gave thrust for reconstruction and development of infrastructure which was damaged extensively due to the militancy related activities during past two decades across the state.


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