The State Planning Board has approved the proposed Kasaragod Package envisaging an outlay of Rs.11,000 crore in the public and private sectors on Wednesday.
Chief Minister Oommen Chandy told the media after a meeting of the board that the project would cover all the sectors. The Cheemeni power project would be the major component. Other major projects would be in tourism, health and education.
The Chief Minister said the State and Central governments and the private agencies were to invest in projects. Several projects would be taken up on a public-private participation basis. Mr. Chandy said that the Planning Board had drawn up detailed proposals after assessing the report on development of Kasaragod district submitted by the Prabhakaran committee. A major hurdle would be in the implementation of the schemes. The district had shortage of government staff and absenteeism among staff was on a high level. Steps were being taken to rectify the problem.
An official release said that 448 schemes under 19 sectors would be taken up under the package. The highest allocation was for industries, followed by energy.
Of the total outlay of Rs.11,123.07 crore, the State government would contribute Rs.2,524.56 crore and Central government Rs.756.19 crore. The public sector and private sector together would contribute Rs.7,264.16 crore. There would also be foreign funding of Rs.543 crore.