STOCK MARKET BSE NSE

Kerala budget 2018: Nothing much to cheer for coconut sector

The state budget presented by Finance Minister Thomas Isaac seems to have found some convenient reasons to cold shoulder the coconut farmers in the state.

Published: 03rd February 2018 01:06 AM  |   Last Updated: 03rd February 2018 03:14 AM   |  A+A-

Image for representational purpose (File | EPS)

By Express News Service

KOCHI: The state budget presented by Finance Minister Thomas Isaac seems to have found some convenient reasons to cold shoulder the coconut farmers in the state. The budget has set aside only `50 crore for the development of coconut sector in the state, which recently slipped to the third position in terms of coconut production in the country followed by Tamil Nadu and Karnataka.

Of the total amount, `40 crore is meant for Kera Gramam project aiming to promote integrated coconut farming in clusters of 250 hectors of land or more spread across a particular region. The project also aims at processing and converting coconut into value added products.

Babu Joseph, former representative of a coconut farmer collective, said both the Union and the state budgets have failed to enliven the hopes of coconut farmers in the state. There is nothing hopeful for the farmers in the budgets presented in the past two days. 



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp