40 pc of plan amount likely to be refunded
Source: Hueiyen News Service
Imphal, March 03 2013 :
With the State Government lagging behind in utilizing the plan amount for the financial year 2012-13, there is high possibility of returning back 40 percent of the total plan amount.
According to a reliable source from State Planning Department, the state government could utilise only about 30 percent of the plan amount till December last year.
Following the finding made during a review in January this year, the government had instructed all its departments to speed up their pending projects to utilise the allocated plan amount to the maximum.
But the government is unsure how many of the departments have utilised the plan amounts so far.
Even though the government departments are doing their best to utilise the allocated plan amount as much as they could, there are high possibilities of losing some portion of the plan amount, the source added.
According to another source, the inability of the state government to utilise the plan amount is mainly due to improper way of handling the financial matters.
Meanwhile, State Planning Department is said to be talking with Planning Commission for allowing the State to retain the unutilised plan amount.
The source further said that the Planning department had instructed other government departments to submit their work proposals for the financial year 2013-14 after the Planning Commission instructed to submit Plan Proposal.
The Department is targeting to complete the Plan Proposal in the current month.
Some departments have already submitted their work proposal.