AP annual plan finalised at Rs 48,935 Cr

The Andhra Pradesh Annual Plan for the year 2012-13 was finalised at Rs 48,935 crores. The state plan was finalised at a meeting held between Deputy Chairman, Planning Commission, Mr Montek Singh Ahluwalia and Andhra Chief Minister N.Kiran Kumar Reddy at New Delhi, according to an official release here. The plan size has been agreed at Rs. 48,935 crore. During the meeting, Mr Ahluwalia complemented the State Government for efforts to make development truly inclusive and also for the efforts aimed at promoting public private partnership in the development of both social and physical infrastructure.

He said better involvement of private sector would be needed during 12th plan period as State funds would not be enough to meet the needs of infrastructure development.