Giving priority to welfare projects and infrastructure development, the Muvattupuzha Block Panchayath presented its annual budget for 2014-15 fiscal here on Thursday.
Block Panchayat vice-president and chairperson of Finance Standing Committee Seenath Usman presented the budget with an anticipated income of Rs.34.73 crore and Rs.34.56 crore as the expenditure.
The budget stresses on carrying out maintenance work of roads, including those in rural areas, and implementation of welfare schemes for youths, women and elderly people. Apart from these, a slew of initiatives have been put forward for sustainable growth in agricultural sector and housing schemes in the budget.
According to the budget, an amount of Rs.53 lakh has been allocated for implementation of welfare projects for Scheduled Caste (SC) and another Rs.2.73 lakh for Scheduled Tribes (ST). A sum of Rs.2.43 crore has been also set aside for general category.
For housing schemes, the budget has earmarked Rs.1.29 crore for various state and central government-sponsored programmes. An amount of Rs.30 lakh has been allocated for implementation of welfare projects for women. An amount of
Rs.15 lakh for health sector and another Rs.10 lakh for agricultural sector.