Annual Plan Proposals 1994-95 (Kerala)

Abstract

From Introduction: The financial dimension of Kerala’s Eighth Five Year Plan (1992-97) is Rs. 5460 crores in terms of constant prices. During the first year 1992-93, against an approved plan outlay of Rs. 913 crores, expenditure amounted to Rs. 791 crores according to preliminary actuals. One of the major reasons for this shortfall was the occurrence of two devasting floods in that year which left a trail of destruction, especially in the southern regions of the State. This necessitated a massive relief and rehabilitation effort on the part of the State Government resulting in severe strain on its slender resources position. For the year 1993-94, the Planning Commission had approved an outlay of Rs.1003 crores. Being a relatively normal year so far with adequate rainfall, coupled with a general improvement in the overall financial position thanks to the State Government 's stringent economy measures and determined effort at mobilising additional resources, it should be possible to fully attain the plan target fixed for the year.