The practice followed until now was to prepare an annual plan based on what funds were allocated in the previous year, and to effect a revision after the Budget.
The plan was to finalise a higher fair value for land, which will get a boost from infrastructure projects undertaken by the government, such as the metro rail network in Kochi.
The Opposition MLAs boycotted the final day of the state budget session of the assembly on Friday.
Opposition leader VD Satheesan intervened and said that it is deeply concerned and angered by the brutal police action on the protesters at Madappally.
Finance Minister clarifies that there was no move to amend the Land Reforms Act
The much-hyped Outer Ring Road (ORR) project will soon roll out with the state government sanctioning Rs 1000 crores for land acquisition.
Tourism dept plans to provide more amenities on NH-66 stretch up to Kollam, extend closing time to allow more nightlife at Varkala and Akkulam
The Opposition has dubbed his budget as one full of non-practical suggestions. Economists are worried as there are no measures for austerity despite mounting public debt.
The amount will be allocated equally among 10 state universities by the Kerala Infrastructure Investment Fund Board (KIIFB).
Ten days ago, Chief Minister Pinarayi Vijayan presented a 213-page document detailing CPM’s perspective on creation of a ‘New Kerala’ at the party state conference.
Giving a big boost to the agriculture sector, the government has set aside Rs 879 crore to empower farmers.
The allocation is mainly for the newly formed Swift transport company that claims to offer more professional service.
IT, higher education, health get big push
The allocation of Rs 140 crore announced by Finance Minister K N Balagopal for the second Kuttanad package in the budget has not brought much cheer to farmers in the rice bowl.
Investment to the tune of H10K cr expected through Industrial Corridor and Gift City
However, these projects are supposed to be funded by KIIFB whose budget is beyond the purview of legislative oversight.
The Economic Review, tabled along with the budget, warns of immediate price rise because of high fuel prices and rupee exchange rates.
Endosulfan package downsized, Budget mum on compensation to survivors and funds for building rehab centre
Kerala budget 2022: Generous allocation of funds for roads, but lands to be identified after traffic surveys
However, the land for the roads are yet to be identified. The roads will be identified after traffic surveys, Finance minister KN Balagopal said.
There are already 28 fast track Pocso courts in the state and the rise in the number of crimes against children and the pendency rate of cases have prompted the government to institute more courts