Tuesday, January 26, 2010

Power, Labour ministries may not see any hike in Plan outlay

Plan expenditure of two ministries, Power and Labour & Employment, may be retained at the current fiscal level of Rs 10,130 crore in the forthcoming Budget in view of the widening fiscal deficit.
The Planning Commission has recommended this to the Finance Ministry, since both ministries are close to exhausting their outlays in the first three years of what they should be spending during the entire 11th Plan (2007-12).

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