Rs 57800 Cr Annual Plan for UP: Planning Commission
The Planning Commission of India allocated Rs 57800 crore for UP Annual Plan for fiscal year 2012-13. It marked an increase of 23 % over last plan. In addition, Rs 20000 crore funding for centre-sponsored schemes in the state has also been allocated.
A special one-time grant of Rs 800 crore for the upcoming Kumbh Mela and an additional central funding of Rs 9200 crore have also been allocated.
The UP government endeavors to hit the target of 10 % growth rate by 2016-17. Besides, it is also trying hard to attract Rs 12,00,000 crore private investment over the next 5 years.