Kerala Budget 2019: Main Thrust For State Reconstruction - Live Updates

By SM.31 Jan, 2019

imran-azhar

 

 

 

THIRUVANANTHAPURAM: Kerala budget presentation begins at the Assembly. Finance Minister Thomas Issac is presenting the fourth budget of the present government and the tenth of his.



Highlights


  • 25 projects for rebuilding Kerala
  • Rs 1.45 lakh crore budget expense
  • Rs 3229 crore obtained in CMDRF
  • Public works local self-government bodies will be given Rs 1000 cr
  • Flood affected panchayat gets 250 cr
  • Integrated study museum for renaissance to be set up at Thiruvananthapuram
  • Dakshayani Velayudhan award for women empowerment.
  • FACT will take over land for Kochi refinery park
  • Express gratitude to central government and armed forces.



Issac criticizes Central government over flood relief aid. Centre gave only Rs 3000 crore and denied help from other countries and permission to take loans from other countries


  • Jobs in IT sector to be increased from 1 lakh to 2 lakh
  • Industrial park near Kannur airport
  • Wayanad coffee to be branded under name ‘Malabar"
  • Wayanad to be declared special zone for horticulture
  • Bank loans for planting trees in Wayanad
  • Ayyankali employment project for 75 cr, employment guarantee scheme gets 250 cr, Rs 4500 cr for livelihood development
  • 2nd Kuttanad package for 1000 cr
  • MSP for rubber Rs 500 cr
  • Amaravathi model townships at Kochi
  • Coconut sector gets 170 cr, online price to be implemented
  • Pepper plantation gets 10 crore
  • Rice parks to be realized in Palakkad, Thrissur, and Alappuzha. 20 cr allotted
  • 10 lakh coconut saplings will be planted under Coconut Development Board
  • Public sector will be protected, 20 institutions to be profitable
  • 1000 cr for coastal development
  • Tyre company in CIAL model
  • Duck farm in Kuttanad for 16 cr
  • Importance in rebuild Kerala given for hilly areas
  • More flats to be constructed for fishermen community
  • 20 cr for Life Science park
  • Kochi-Coimbatore industrial corridor
  • 43 cr for Keragramam project
  • Old bulbs will be replaced with LED bulbs, Kudumbashree will supply to houses, money to be paid in installments
  • 1000 cr for Ockhi package expansion
  • 9 cr for Matsyafed for providing interest-free loans
  • 1367 cr for public sector
  • Concession for electric vehicles
  • 700 cr for startups
  • 49 cr for Thottappally Spillway
  • All KSRTC buses in Thiruvananthapuram to turn electric
  • German technology assisted waterway in Kochi. To be connected with metro
  • South-north parallel railway by 2020. 515 km rail worth Rs 55,000 cr
  • Muziris project to be completed by 2021
  • Government aid to transport bodies from gulf countries
  • 6000 cr from KIIFB for Spices Route
  • Kerala Boat League – from Nehru trophy on August second Saturday to President Cup on November 1, boat races will be conducted on all weekends
  • Money to be allotted from KIIFB for installing solar panels
  • 585 km long waterway from Bekal to Kovalam will be conducted by 2020
  • 81 cr worth projects for NRI. Swanthanam project for 25 cr. 15 cr for NRI entrepreneurs as subsidy in capital. 5 cr for World Kerala Sabha and Global NRI fest
  • NRI deposit scheme and pension scheme to be merged
  • Kerala bank to be realized by 2019-20. Required legal amendments will be made in this Assembly session. Unlike present situation, NRI deposits will be included in this
  • Kerala will be declared hunger-free. Help wil be provided to those NGOs associating with the project
  • 1000 cr for Kudumbashree. New projects for Kudumbashree, marketing wing to be implemented
  • 1420 cr for projects for women
  • Rs 100 hike in all welfare pensions
  • Rs 1000 cr for renovation of KSRTC
  • Rs 170 cr for coconut development
  • Rs 73 cr to RCC
  • Rs 35 to Malabar cancer centre
  • Rs 739 cr project for Sabarimala
  • Rs 25 cr for Sabarimala master plan
  • Rs 200 cr for Sabarimala roads
  • Tirupathi model projects in Sabarimala
  • Rs 2038 cr allotted from KIFBI to develop infrastructure facilities of public school
  • Rs 6.5 cr for school kalolsavam
  • Rs 1513 cr for universities
  • More posts of teachers will be created
  • 3656 new posts created so far
  • Primary health centres to be converted as family health centres
  • Rs 20 cr for endosulfan victims



It is expected that the cess on GST will be announced in the budget for procuring money for rebuilding Kerala. Earlier the minister had said that the state is facing very severe financial crisis.


It is known that the hike in welfare pensions will be announced in the budget in the view of upcoming Lok Sabha polls.