Friday, February 12th, 2016

CM presented the annual plan of Rs 24000 crore for ’16-’17

Narada Desk | February 12, 2016 11:18 am Print

oomen chandy

Chief Minister Oommen Chandy presented the 2016-2017 Kerala budget after a gap of 29 years in the state. In spite of the protests from the opposition party CPI(M) led LDF who demanded the CM’s resignation amidst the solar, and bar bribery scam.

The budget was presented by the CM himself after the finance minister K M Mani had resigned in November 2015 after the remark on the his involvement in the bar bribery case.

The budget highlighted the various achievements including the Kochi Metro, Kannur airport projects and the achievements in the five-year rule.

The budget break-up of Rs 24000 Crore for 2016-2017 for some of the sought-after departments are as follows.

The electricity board has been allotted Rs 1622 Crore.

Knowledge city – Rs 425 Crore,

Smart City project – Rs 25 Crore

Transport-Rs 121.5 Crore

Coconut –Rs 45 Crore

Sea-Port road – Rs 100 Crore

Agriculture-Rs 746 Crore

Public-Private Partnership(PPP) – Rs 2500 Crore

Mullaperiyar Dam – Rs 100 Crore

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