Thiruvananathapuram | Chief Minister Oommen Chandy presented the State budget and vote-on-account for 2016-17 announcing a number of measures in support of the agricultural and plantation crops.
The government will allocate Rs. 500 crore to rubber price stabilization fund. This is to ensure payment of Rs. 150 per kilo rubber to farmers, Oommen Chandy said Friday.
Welfare pensions have been increased.
All BPL families will now be eligible to get rice from ration shops for free. The CM set aside Rs 55 crore for this. The government also allocated Rs 10 crore to improve public distribution system.
The CM also allocated Rs 100 crore for building a new hydro-power dam at Mullapperiyar.
Rs. 20 crore is allocated to procure coconut at a rate of Rs. 25.
Rs 74.3 crore has been allocated for organic farming.
All farmers have been exempted from Agricultural Income Tax.
CM said that by 2016-17, Kerala will become self-sufficient in milk production.
Rs 27 crore has been allocated for paddy farming, and Rs 35 crore for coconut farming.
The CM also announced the allocation of Rs 5 crore as subsidy for Neera production to help coconut farmers.
Welfare pension of farmers has been increased to Rs 750.
Chief Minister claimed that during the financial year 2014-15, Kerala has achieved growth rate of 12.31 per cent.
Thiruvananthapuram Medical College will be developed as Centre of Excellence, he told the Assembly.
Rs 100 crore has been allocated for Pariyaram Medical College, which will be acquired by the state government.
The government has allocated Rs 200 crore to help thousands of poor students who are finding it difficult to repay educational loans.
Rs 12 crore will be given to develop 10 best colleges in the state as ‘Centre of Excellence’.
Also, Rs 14 crore has been allocated to improve 100 schools across state to international standards.
Rs 25 crore has been allocated to construct a building complex to facilitate the sitting of all judicial commissions that are currently functioning in rented buildings under one roof.
Rs 141 crore is allocated for MLA fund.
Following are the other key budget proposals:
– Two LED bulbs will be given to all homes in state for free
– Rs 8 crore for women entrepreneurs
– Rs 40 crore for Sabarimala Master plan
– Rs 130 crore for ‘Kudumbasree’ project
– Rs 2500 crore for metro and Vizhinjam port projects
– Rs 16 crore for developing and improving maternity units in Taluk hospitals
– Medical Colleges allocated Rs 121 crore
– Rs 31. 5 crore for providing free medical services to children below 18 years via ‘Aryoga Kiranam’ scheme
– Rs 24 crore for Dental colleges and Rs 4.67 crore for Nursing colleges
– Rs 29 crore for developing Malabar Cancer Centre
– Rs 20 crore allocated for Kochi Cancer Institute
– Rs 85.22 crore for Sports and Youth Welfare
– Rs 2 crore for construction of hi-tech stadium in Vandoor, Malappuram
– Rs 21 crore for CUSAT
– Rs 4.1 crore for Rajiv Gandhi Institute of Technology, Kottayam
– New fire station at Valanchery, Malappuram
– Rs 25 crore for waste management authority to be formed
– Old age pension hiked to Rs 1500 from Rs 1000
– Rs 34.82 crore for assistance for parents of kids suffering from autism, cerebral plasy
– 20% tax for plastic bags, 5% surcharge for plastic bottled drinks
– No VAT for life saving drugs sold through Karunya stores
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