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.
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.
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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).
"The Plan expenditure for ministries of Labour and Power may not see any increase in the 2010-11 Budget as the Plan panel has recommended to do so," a source said.
This is despite the fact that the ministries have asked for increase in the Plan outlay. "The Commission's recommendations came in view of the pressure to bring down the fiscal deficit in 2010-11 from the projected 6.8 per cent level during this fiscal", the source pointed out.
Earlier, Planning Commission member Abhijit Sen had said that with the Plan size of the current fiscal, some ministries or departments would be either nearing or exceeding their 11th Plan (2007-12) expenditure targets in 2010-11 itself.
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