Dear ram040479,
If I remember right, you were planning to apply under new SNIP which will be effective from January 2nd, 2014 and settlement plan is one of the requirement of new SNIP. But when you say "I have to submit the same by 2nd of Jan, 2014", I am little bit confused. New SNIP will start electronically on January 2nd, therefore you can apply on or after January 2nd but not by January 2nd. As I can see, they just announced the new program and all the information avaiable on the official wbsite is still for the old program. I suggest to prepare whatever you can until January 2nd and wait for the updated information from them. I am pretty sure that they will mention what they are looking for in Settlement Plan. As soon as they update the website to reflect the new SNIP, I may be able to guide you what to write in Settlement Plan.
Good luck buddy.