BUSINESS

All treasuries to have ATMs

Special Correspondent

THIRUVANANTHAPURAM: All treasuries in the State would soon have Automated Teller Machines (ATMs) which would benefit State employees and pensioners, Governor R.S. Gavai told the Kerala Assembly on Wednesday.

Delivering the policy address to the House, Mr. Gavai said the government also proposed to implement e-stamping facilities and revamp the State Insurance Department. The department would offer new products such as money back schemes with facility for taking loans and a savings-cum-insurance scheme for employees in the services of the State government and State public sector units.

The department would also introduce a novel life insurance scheme for those taking loans from cooperative institutions to be called ‘Vaypa Suraksha Insurance,' the Governor said.

Mr. Gavai said the government proposed to set up integrated check-posts of Excise, Motor Vehicles, Police, Animal Husbandry, Forest and Commercial Taxes departments at Amaravila, Walayar, Bengra and Manjeswaram for better efficiency and revenue augmentation. This would facilitate instant data transfer from the check-posts to the headquarters of the departments concerned through a computer network.

Mr. Gavai said the government proposed to construct a West Coast Ocean Highway from Ponnani to Elathur during 2010-11 at an estimated cost of Rs.1,619 crore. The project would be executed by the State Roads and Bridges Corporation.

The government would also undertake Phase II of the Kerala State Transport Project (KSTP) with an external aid of the order of Rs.1,356 crore during 2010-11.

The Central government had been requested to include the entire stretch of Kerala from Parassala to Kasaragod under the National Expressway Network Project, he added.

Recommended for you