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."

Assembly passes Finance Bill

Kerala Finance Minister T. M. Thomnas Isaac replying to the debate on thef Finance Bill on Nov. 7The Assembly on Monday passed the Kerala Finance Bill, which gives effect to the taxation proposals in the Budget for the current year.

The Bill, reported by the Subject Committee, proposes to impose a five per cent duty on conveyance of property by way of amalgamation of companies on the recommendation of the committee.

KIIFB approves 48 projects costing Rs. 4000 cr

Finance Miinister Thomas Isaac and ACS K. M. AbrahamThiruvananthapuram: The Kerala Infrastructure Investment Board (KIIFB) has approved 48 projects costing Rs. 4004 crores at its meeting here on Monday.

Finance Minister T. M. Thomas Isaac said that funds for this would be mobilised as general obligation bonds. Initially, only Rs. 2000 crores needed to be raised for starting the projects.

Committee to recommend on amendments to Marine Fisheries Act

Minister J. Mercykutty AmmaThiruvananthapuram: Fisheries Minister J. Mercykutty Amma told the Assembly on Monday that government had appointed a committee with experts to recommend on amendments to the Kerala Marine Fishing Regulation Act.

The committee will examine further measures for conservation of fishes, licensing of fishing boats and compulsory training to fishermen, among other things.

Robbing legal services to pay the advocates

Thiruvananthapuram: The Kerala Court Fees and Suits Valuation (Amendment) Bill, now before the Assembly, proposes to allocate most of the funds intended for legal services to the general public for welfare of advocates and their clerks.

The Kerala Court Fees and Suits Valuation Act specifies constitution of a Legal Benefit Fund for the purpose of providing efficient legal services to the people of the State and to provide social security measures for the legal profession. Though the Act was enacted in 1959, the Fund came into being only in 2002.


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