Writeup AP 2011-12 - Punjab State Planning Board

State Project Facilitation Unit. An outlay of Rs. 1355.00 lac (GoI share Rs. 1016.00 lac +
state share Rs. 339.00 lac) is provided in the Annual Plan 2011-12.
NABARD Project
TE-6 Converting Technical Institutions of rural areas of Punjab into
Multidisciplined Academies for enhancement of skill development and
employability of rural youth under NABARD Project-RIDF-XIV.
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Outlay – Rs. 3500.00 lac
11.2.7 It has been proposed to promote six technical institutes i.e. Beant Singh
College of Engineering & Technology, Gurdaspur; Shaheed Bhagat Singh College of
Engineering & Technology, Ferozepur; Multi-Disciplined Academy, Sultanpur Lodhi and
three Government Polytechnic Colleges, Guru Teg Bahadur, Moga; Bhikhiwind, Amritsar
and Government Polytechnic for Girls, Dinanagar, Gurdaspur into multidisciplined
academies for enhancement of skill development and employability of rural youth under
NABARD Project. Under this scheme polytechnic would have engineering courses as well
as 10+2 classes, similarly, engineering college would have 10+2 classes and polytechnic
courses. Project was sanctioned by NABARD on 4-12-2008 with total cost of the project is
Rs. 8176.96 lac out of which Rs. 6187.24 lac is to be provided as loan by NABARD and
Rs. 1989.72 lac is state government’s contribution. NABARD sanctioned Rs. 2744.17 lac as
its share during 2009-10, out of which an amount of Rs. 1237.45 lac was spent during 2009-
10 and Rs. 1506.67 lac during 2010-11. NABARD has further released Rs. 1262.11 lac in the
year 2010-11, which would be spent during 2011-12. An amount of Rs. 3500.00 lac is
provided for the Annual Plan 2011-12.
State Funded Schemes
TE-2 Enhanced compensation of land for government technical institutions in
the state
Outlay- Rs. 300.00 lac
11.2.8 The scheme envisages to cover any enhanced compensation of land which has
been purchased by the Punjab Government for the technical institutions. An outlay of
Rs. 500.00 lac is provided for this scheme in the 11 th Five Year Plan. An expenditure of
Rs. 599.63 lac, Rs.722.24 lac and Rs. 199.90 lac was incurred during 2008-09, 2009-10 and
2010-11 respectively to meet the expenditure on account of payment of any pending
compensation of land as per court decisions. An outlay of Rs. 300.00 lac is provided for the
Annual Plan 2011-12.