Puducherry to seek Rs 2000 crore as outlay for fiscal 2013-2014

PUDUCHERRY: The Puducherry State Planning Board today adopted a draft plan estimating that as much as Rs 2000 crore would be required as the outlay for fiscal 2013-2014 for the Union Territory, official sources said.

The Board met under the chairmanship of the Lt Governor Iqbal Singh with Chief Minister N.Rangasamy, his ministerial colleagues, among others, participating.

The document would be placed before the Deputy Chairman of Planning Commission at a meeting in New Delhi sometime in second week of June.

An official source said the estimated outlay was "reserve based plan instead of projecting an over enthusiastic and ambitious size."