ZCZC
BSS-20
NEC-RADP-FY21
NEC approves Tk 1,97,643cr RADP for FY21
DHAKA, March 2, 2021 (BSS) – The National Economic Council (NEC) today approved a Taka 1,97,643 crore Revised Annual Development Programme (RADP) for the current fiscal year (FY21) keeping highest priority to the transport sector.
The approval came from a meeting of the NEC held at its conference room in the city’s Sher-e-Bangla Nagar with Prime Minister Sheikh Hasina in the chair.
The Prime Minister chaired the meeting through video conferencing from her official Ganobhaban residence.
Briefing reporters after the meeting, Planning Division secretary Mohammad Jainul Bari said that that Taka 7,501.72 crore were cut from the original ADP size of Taka 2,05,145 crore for the current fiscal year.
“Out of the total RADP outlay, Taka 1,34,643 crore will come from the local sources while Taka 63,000 crore from the foreign sources,” said the Planning Secretary.
He said the NEC also approved Taka 11,628.90 crore against 101 projects of the autonomous bodies and corporations. Incorporating the funding of the autonomous bodies and corporations, the size of the overall RADP for the current fiscal year totaled Taka 2,09,271.90 crore.
The number of projects in the RADP totaled 1785 including 1640 investment projects, 145 technical assistant projects. Besides, incorporating 101 projects of the autonomous bodies and corporations, the total number of projects reached 1886.
Jainul said while framing this RADP, Taka 7,501.72 crore were trimmed from the foreign sources portion of the ADP.
He said at the very outset of the meeting, the NEC congratulated the Prime Minister as the UN CDP has given its final recommendations over the graduation of Bangladesh from the LDC status.
The Planning Division Secretary said the RADP for the current fiscal year has been approved a bit earlier for which the executing ministries and divisions would get much more time to utilize their allocations.
He said some 442 projects have been kept for completion in the RADP for the current fiscal year while Prime Minister Sheikh Hasina has directed the authorities concerned to complete those projects within this fiscal year.
Jainul said the in the future, the projects which would be decided by the NEC for completion within a certain fiscal year would have to be completed within that fiscal year and there would be no such time extension unless there is a valid reason.
Answering to a question, he said some 33 ministries and divisions had demanded of the planning commission for reducing their allocations while some 23 ministries and divisions had demanded for raising their allocations in the RADP.
About the directives from the premier, Janinul said Sheikh Hasina directed the authorities concerned to speedily complete the projects within the stipulated timeframe.
Besides, the prime minister renewed her directives that the project directors should have to remain in their project sites while one project director should not remain in charge of more than one projects.
Jainul said the premier also stressed the need for conducting necessary works in the dry season for preventing river erosion, giving all out efforts to maintain the momentum of the economy despite the shock of COVID-19, continuing with the ongoing vaccination Programme, boosting food and agricultural production so that the essential iteams remain within the reach of commoners.
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