13/12/2016

Nitish writes to PM, seeks release of Rs 6,395.19 crore pending with the Centre





Patna,(BiharTimes): Bihar chief minister Nitish Kumar has urged Prime Minister Narendra Modi to order the release of Rs 6,395.19 crore pending with the Centre in the current financial year.

In a letter to PM he sought the release of Rs 494.34 crore on account of pending projects for the 10th  and 11th Five Year Plans and Rs 4,998.77 crore for completion of pending projects of the 12th Five Year Plan.

He urged the PM for release of the left out amount of Rs 902.08 crore approved in the 12th Five Year Plan for which a proposal has already been sent to the Centre.

The letter, which was released to the media on Sunday night, said that the state government with limited financial resources was not in a position to fund the completion of pending projects of previous plan periods.

“In the event of the Centre not making available adequate funds, the pace of projects (roads, electricity etc.) has slowed down and which has telling effects,” the letter said.

“It cannot be denied that non-availability of funds on time could result in cost overrun and effect the quality of the projects too,” Nitish Kumar said.

 

 

 

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