Rs. 3.32-cr. plan for Goa approved

By Our Special Correspondent

NEW DELHI, AUG. 29. The Annual Plan for 2000-2001 for Goa was finalised here today at Rs. 332 crores. The Plan was finalised during a meeting here today between the Deputy Chairman of the Planning Commission, Mr. K. C. Pant, and the State Chief Minister, Mr. Francisco Sardinha.

At the meeting, Mr. Pant drew the attention of the State towards the substantial gap between Plan outlay and Plan expenditure during the first three years of the Ninth Plan period. The expenditure fell short by Rs. 32 crores in 1997-98, by Rs. 71 crores in 1998-99 and by Rs. 40 crores during the last financial year. The State Government was asked to devolve more funds and powers to the Panchayati Raj institutions in order to empower the people. Attention was also drawn to the high transmission and distribution losses in the power sector.

The Chief Minister, on his part, briefed the Commission on the measures taken to revamp the economy of the State. He said power and water tariff were being revised annually by 15 to 30 per cent, excise duties were being rationalised and steps were being taken to reduce non-Plan expenditure.

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