The chief minister along with senior officials from the state will meet Planning Commission Deputy Chairman Montek Singh Ahluwalia Wednesday to finalise the annual outlay.

Last year, the state's annual outlay was of Rs.86.70 billion ($2.2 billion).

According to sources in the Planning Commission, the state government wants to spend Rs.42.7 billion ($1.1 billion) on social services sector comprising education, health, water supply, housing, and urban development.

'Rs.9.3 billion ($236 million) would be spent on rural development, while the state government proposes to spend Rs.4.4 billion ($112 million) on agriculture and allied services,' sources said.

The irrigation and flood control, the annual natural disaster, may get Rs.18 billion ($458 million) against Rs.13.4 billion ($341 million) allocated last year. The transport department might get Rs.29 billion ($738 million).

The major areas in the agriculture sector that the state has identified to take care of include seed production, its multiplication and livestock sector.

'The state government has proposed Rs.331 million ($8 million) for forestry and wildlife for the coming fiscal, out of which Rs.130 million ($3.3 million) would be spent on rehabilitating the degraded forests,' sources added.