KATTAPPANA: Minister for Finance T.M. Thomas Isaac has said that the focus of the economic plan is to develop IT and tourism industries while protecting the farm and traditional sectors.
Inaugurating the new bus stand complex here on Saturday, the Minister said that the State was witnessing an economic change and the new generation needed jobs outside the traditional sectors. This will be realised without harming the security enjoyed by the farm sector.
He said that there was no resource limit, if there was a will to find the resources. If there is scarcity of money, take it from financial sources and repay the amount without affecting the development projects. The local bodies can also find resources like this, instead of requesting for government funds, he said. The Minister said that sand mining in the Lower Periyar, Kallarkutty and Idukki dam reservoir areas would be taken up on a commercial basis from next week.