The state government announced the ‘Hunger-free Kerala’ project in the last Budget and C70 lakh was allocated for the pilot project.
The state Budget 2018-19 presented by Finance Minister Thomas Isaac has a heavy accent on welfare coupled with fiscal prudence.
Isaac has made an allocation of Rs 80 crore for Kerala Startup Mission, a nodal agency of the government for entrepreneurship development and incubation activities in the state.
A 'no gain-no loss' budget. That's how builders reacted to the state budget with respect to its impact on the real estate in general.
Last year, the Finance Minister had set aside only Rs 10 crore for endosulfan package.
The Budget has envisaged a slew of measures to generate revenue. The government is all set to increase the sales tax on alcohol.
In the Budget, Finance Minister Thomas Isaac said Kerala will become the first state in the country to ensure Universal Health Security.
The capital expenditure as a percentage of state output has increased which will help in improving productivity and ensure sustainable growth of the state economy.
Funds have been earmarked to implement various new programmes including 1,000 poultry units, 500 coir mills and micro enterprises parks.
The fact that the Budget presented by Finance Minister Thomas Isaac finally addressed some of the burning issues of women in the state is a welcome step towards women’s empowerment.
The Kerala state budget 2018-19 announced the allocation of Rs 1,267 crore, which is the 13.6 percent of the total budget for the welfare schemes for women.
The woman-friendly nature of the budget also includes several general schemes boasting of female-oriented special components which have been allocated R1,960 crore - 8.8 per cent of the total outlay.
Finance Minister T M Thomas Isaac presented the budget without doing any justice to the findings and recommendations of the Economic Survey.
There is not even a mention of the crisis-hit natural rubber sector which is a core area of agriculture of the state, he said.