July 12, 2012 2:06 PM

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45,000 crore package for U.P

The Centre has cleared a package to the tune of 45,000 crore rupees for Uttar Pradesh. The package includes release of fresh installments of funds for Centrally-aided projects which are pending due to various reasons, including failure on part of the state
government to provide utilisation certificates. The decision to clear the release of the funds was taken at a meeting between Prime Minister's Principal Secretary Pulok Chatterjee and top officials of the Uttar Pradesh government led by Chief Secretary Javed Usmani in New Delhi on Tuesday.

While Uttar Pradesh had demanded the release of funds to the tune of 93,000 crore rupees, the Centre has agreed to release 45,000 crore rupees, which state government officials termed as “no mean achievement”.

Several installments were stuck due to failure on part of the state government to provide the various Central agencies with utilisation certificates for release of fresh amount.

Sources in the state government said that the entire amount will not be transferred in one go and will be provided in installments.

Some additional funds demanded by Akhilesh Yadav during his meeting with Prime Minister Manmohan Singh in April could be released in the 12th Five Year Plan.

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