Kerala Budget 2017-18 highlights


Social security pensions to cover all above 60 years of age excluding service pensioners, income tax payers and farmers owning more than two acres

Welfare pensions to be raised to Rs. 1100 a month

Amnesty scheme for VAT arrears of traders

Rs. 30 crore for drought relief

Infrastructure Development
Kerala Infrastructure Investment Fund Board to clear investment of Rs. 15000 cr this month.

Funding of infrastructure Development outside Budget to continue

Fresh projects costing Rs. 25000 crore to be undertaken by KIIFB next year

Coastal highway: construction to start next year

KIIFB to invest in hill highway (Rs. 3500 crore)

12 IT hardware parks to be set up.

Rs. 127 crore for Clean Kerala Mission

Rs. 100 crore for modern abattoirs

Master Plan for schools
Master plan for development of schools, Rs. 500 cr from KIIFB

45000 classrooms to be turned into high-tech learning centres

More than 2500 posts of teachers to be created

Rs. 10000 a month fellowship to 10000 artists

Rs. 18 crore for rain harvesting

Rs. 50000 crore to be spent for roads over five years

Rs. 381 crore for universities in the State

Women’s safety
Rs. 12 crore for pink control room for security of women

Allocation of Rs.1266 crore exclusively for women

Gender Budget restored

Journalists’ pension increased

Package for KSRTC
Rs. 3000 crore package for KSRTC

KSRTC to be restructured

Rs. 12000 crore to be mobilised from NRIs through chitties

Allocation for revival and renovation of a number of PSUs

Pensions hiked
NRK pension raised from Rs. 500 to Rs. 2000

The pension to dairy farmers enhanced to Rs. 1100 a month.

Honoraria of ASHA workers, cooks and pre-primary
teachers are enhanced by Rs. 500

Free Internet
Rs. 1000 crore to be spent for Internet network expansion

Internet to be right of citizen

Free Internet connection to 20 lakh poor families

Rs. 100 crore for IT Mission

Rs. 1100 crore outlay for fisheries sector

Rs. 2100 crore outlay for agriculture sector

Rs. 90 crore for Kasaragod package

Health Insurance
Health insurance for government employees and pensioners

Five per cent reservation of differently-abled in educational institutions; four per cent reservation of jobs

Rs. 900 crore for ration subsidy

Rs. 117 crore for computerisation of ration shops

Rs. 200 crore for supplyco, Rs. 150 crore for Consumerfed

Rs. 700 crore for paddy procurement

Rs. 65 crore for expansion of Buds schools

Rs. 10 crore for compensation to endosulfan victims

Rs. 100 crore for smart cities. Rs. 100 crore for Amritham scheme

Total Housing Scheme: 1 lakh houses to be built

5257 posts to be created in the health sector

Three crore trees to be planted in the State

Free medicines
Medicines needed following organ transplants to be supplied at 10 per cent of cost.

Free medicines for those suffering from diabetes, blood pressure and high cholesterol

Karunya Benevolent Fund to get Rs. 350 crore

Noteban hit demand
Note ban hit the lives of common man as stated by writer M. T. Vasudevan Nair: Kerala Finance Minister T. M. Thomas Isaac said, presenting Budget for 2017-18 in the Assembly.

"We have to face serious consequences of note ban."

"Demand hit."

"Banks have money, but none to avail loans."

Chief Minister leads satyagraha before RBI

Chief Minister Pinarai Vijayan speaking during the satyagrarha in front of RBI office in Thiruvananthapuram on FridayKerala Chief Minister Pinarai Vijayan is leading a satyagraha in front of RBI Office here today to highlight the crisis in the cooperative sector in the State following demonetisation.

The protest is over the cooperatives not being permitted to do transactions including exchange of notes.

Chief Minister to stage satyagraha before RBI Office

UDF leaders meet Chief Minister Pinarai Vijayan in his chamber on ThursdayKerala Chief Minister Pinarai Vijayan and members of his Cabinet will offer a satyagraha before the Reserve Bank of India regional office here on Friday morning to highlight the crisis in cooperative sector following demonetisation of Rs. 500 and Rs. 1000 notes.

The Chief Minister said that refusal of the Centre to allow the cooperative banks to deal in demonetised currency had hit the working of the cooperatives. This would lead to collapse of Kerala’s economy.

UDF to observe black day over currency crisis

The United Democratic Front will observe Thursday as black day in protest against the negative attitude of Central government in addressing the shortage of currency notes.

Opposition Leader Ramesh ChennithalaOpposition Leader Ramesh Chennithala said in a press release that true character of the government was visible in it marking the poor, who queue up before banks for exchange of demonetised note, with indelible ink while writing off loans of millionaires.

State lobby for cooperatives, Centre tightens control on exchange of notes

Queue before banks to exchange notesKerala government continued to lobby for cooperative in the State even as Reserve Bank of India tightened controls.

Minister for Cooperation A. C. Moideen wrote to the Union Finance Minister Arun Jaitley and held discussion with Reserve Bank authorities here on Monday.


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