Govt to utilise entire Plan outlay: Dikshit

Govt to utilise entire Plan outlay: Dikshit

65 pc of Rs 14,200 cr has been utilised in nine months

The Delhi government has witnessed a marked improvement in the utilisation of the total Plan outlay during first nine months of the present financial year (2011-12) compared to corresponding period last fiscal.

An amount of Rs 6,194 crore, 54 per cent, of the total was utilised in the first nine months of the last fiscal, whereas the figure has gone up to 65 per cent of the total Plan outlay of Rs 14,200 crore during April-December 2011.

“Rs 9,210 crore, which is 65 per cent of the total Plan outlay of Rs 14,200 crore, has been utilised during April-December 2011.

In the remaining three months of this financial year, 35 per cent of the Plan outlay is to be utilised and the government expects to utilise the entire plan outlay of Rs 14,200 crore,” said Chief Minister Sheila Dikshit on Monday adding that she had been regularly monitoring the progress of the Plan expenditure and been issuing suitable instructions for realistic and justified utilisation of total outlay.

Dikshit stated that Delhi had taken several reformatory steps to ensure time-bound and targeted implementation of all major infrastructure projects as also welfare programmes being implemented by various departments and agencies of the government.

“A revamped procedure for Expenditure Finance Committee approval, timely release of grant and loan amounts and the introduction of a multi-level monitoring system has all ensured timely funds for various projects,” said Dikshit.

The government has already released Rs 443 crore during the first three quarters of this financial year, as financial assistance of Rs 1,000 per month to 3.73 lakh senior citizens, 21,000 persons with disability and 80,000 women in distress.

Some of the major projects under implementation in the current fiscal that are going to consume the remaining funds include, construction of Signature Bridge at Wazirabad, phase-III of Delhi Metro, construction of multi-level car parking at various places, construction of new bus depots, development of a new Haat at Janakpuri, construction of new hospitals, construction of more than 47,000 houses for the economically weaker section and redevelopment of the walled city—Shahjahanabad.