Kerala

Kerala budget: Rs. 25,000 cr. for public infrastructure development projects

Kerala Finance Minister T.M. Thomas Isaac presented his 2017-18 budget in the 'difficult post demonetisation days', announcing that public infrastructure development projects, having a combined outlay of Rs. 25,000 crore, would be taken up in the coming financial year.

The projects would be implemented through the Kerala Infrastructure Investment Fund Board (KIIFB), which had taken up projects with an outlay of Rs. 4,004 crore. The KIIFB, scheduled to meet on March 24, would clear additional projects having a total outlay of Rs. 10,000 crore. This would be followed up with more projects, Dr. Isaac said.

While terming his task onerous, considering the 'debilitating impact' of demonetisation, Dr. Isaac said the government proposed to go in for a massive investment in public infrastructure, health and education, besides areas such as enhancement of the State's green cover. As many as 3 crore saplings would be planted over the coming year.

As many as 5,257 new posts of health professionals would be created. Of this, one-third would be posted in the coming year and the remaining during the following year. Rs. 1,000 crore would be earmarked for improving the facilities at taluk hospitals and providing drugs free of cost to indigent persons with lifestyle diseases, he said.

The government would go in for a people's movement to turn 45,000 school classrooms into hi-tech learning centres. Around Rs. 500 crore would be mobilised from voluntary contributions for this purpose. Four schemes would be implemented for lifting the standards of government schools under a master plan. The government would get the KIIFB to invest Rs. 500 crore for enhancing the facilities at all government schools with more than 1,000 students. Over 2,500 teachers' posts would be created in schools. This too would be done in two stages as in the case of the school sector, he said.


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Printable version | Jan 17, 2022 10:57:12 PM | https://www.thehindu.com/news/national/kerala/kerala-state-budget-201718-rs-25000-crore-public-investment/article17399920.ece

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