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Friday, March 3, 2017

Kerala 2017-18 budget presented by FM Thomas Isaac Friday March 04,2017




Kerala Finance Minister Thomas Isaac presented the state budget for fiscal year 2017-18 on Friday March 04,2017

Here are the numbers and highlights of the budget:
* Rs 25000 crore was set apart for infrastructure development in the state.
* Rs 174 crore for electrification of all houses in the state.
* Rs 2600 crore for upliftment of SC and 750 crore for ST 128 crore for coir industry.
* Government allocated 2100 crore for Agriculture sector.
* Budget also allotted 900 crore for ration subsidy.
* Rs 10 crore was set apart as compensation for Endosulphan victims.
* FM Thomas Isaac alloctated Rs 3000 crore for revival of Kerala State Road Transport Corporation (KSRTC).
* Giving high priority to protection of women in the state, Rs 5 crore was assigned for protection and rehabilitation of  women
* Praising infrastructural development in Kerala, Thomas Isaac allocated 100 crore for smart cities.
* Rs 10 crore was announced to end manual scavenging and plant 3 crore tree saplings by next monsoon.
* CPI-M led LDF government in Kerala announced an increase of Rs 2000 in the pension amount of Pravasi from Rs 500 to 2000.
* Kerala FM set aside Rs 248 crores for Anganwadis.
* Rs 25 crores-Sabarimala Master Plan.
* Rs 1000 crore for optic fiber network through K-phone 6500 cr for development of coastal roads.
* Onelakh houses for homeless in next year

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