Shillong, Oct 5 : Meghalaya Chief Minister Donkupar Roy rued that around 49 per cent of the state’s population is below poverty line and about an equal percentage of educated youth are unemployed.
Inaugurating on Friday the first meeting of the reconstituted Meghalaya State Planning Board (MSPB) headed by former Lok Sabha Speaker Purno A Sangma, Roy said: “The figure of poverty and unemployment in the state is disheartening.” He attributed the dismal state of economy and scenario of unemployment to “resource and infrastructure constraints.”
Roy said to overcome the present situation, the state must accelerate investment in infrastructure. The first meeting of the MSPB attended by experts and politicians brainstormed to find ways to rescue the state’s sagging economy.
Brainstorming for achieving economic improvement has become important as the state has envisaged a growth rate of 7.2 per cent during the eleventh plan. Roy said to achieve this target the state’s plan size has been fixed at Rs 9,185 crore.
What is worrying Roy and MSPB is the reducing growth rate from 7.8 per cent in the ninth plan to 6.33 per cent during subsequent plan. MSBP Chairman Purno A Sangma said for the first time Meghalaya would have its Human Development Report in assistance with the United Nations Development Programme (UNDP).
He said: “This will help the Government to get a clearer image of the state of affairs in Meghalaya.” Sangma underlined the role of MSPB as significant in augmenting the state’s economy. He said the reconstituted MSPB would have nine working groups, each headed by an expert.
Inaugurating on Friday the first meeting of the reconstituted Meghalaya State Planning Board (MSPB) headed by former Lok Sabha Speaker Purno A Sangma, Roy said: “The figure of poverty and unemployment in the state is disheartening.” He attributed the dismal state of economy and scenario of unemployment to “resource and infrastructure constraints.”
Roy said to overcome the present situation, the state must accelerate investment in infrastructure. The first meeting of the MSPB attended by experts and politicians brainstormed to find ways to rescue the state’s sagging economy.
Brainstorming for achieving economic improvement has become important as the state has envisaged a growth rate of 7.2 per cent during the eleventh plan. Roy said to achieve this target the state’s plan size has been fixed at Rs 9,185 crore.
What is worrying Roy and MSPB is the reducing growth rate from 7.8 per cent in the ninth plan to 6.33 per cent during subsequent plan. MSBP Chairman Purno A Sangma said for the first time Meghalaya would have its Human Development Report in assistance with the United Nations Development Programme (UNDP).
He said: “This will help the Government to get a clearer image of the state of affairs in Meghalaya.” Sangma underlined the role of MSPB as significant in augmenting the state’s economy. He said the reconstituted MSPB would have nine working groups, each headed by an expert.