Economy and Budget: Kerala may find the going tough

Cover of Economic Review 2015Kerala Chief Minister Oommen Chandy will find the going tough as he presents the State Budget for 2016-17 to the Assembly on Friday.

It is not just the anticipated protests by the Opposition demanding his resignation: Kerala’s economy is on a tailspin. Revenue receipts have fallen below expectations for three years in a row. But Mr. Chandy will be tempted to present a populist Budget this being the election year.

Assembly: tumultuous Budget session ahead

Kerala Assembly buildingCurtains go up for the Budget session of the Assembly on Friday with the ruling and Opposition fronts poised for the final battle of wits. Both sides have high stakes as the general election is round the corner. This will be the last session of the House before the elections.

Kerala Budget to be presented on February 12

Kerala Assembly buildingThe 16th and last session of 13th Kerala Assembly will begin on Friday with the Governor’s address.

The Budget for 2016-17 will be presented on February 12. Session will end on February 15.

Civil bodies: Commission highlights deficiencies in Plan implementation

Chairman B. A. PrakashThiruvananthapuram: The State Finance Commission has observed that the appointment of project coordinators, formation of working groups, stake holder consultation and development seminar for drawing up annual plans of civic bodies were not doing much good.

Cabinet approves annual plan of Rs. 30543 crore

Thiruvananthapuram: Kerala Cabinet approved the Annual Plan with total outlay of Rs. 30543.17 crore for 2016-17 on Wednesday.

Of this, Rs. 24000 crore is State plan and Rs. 6534.17 crore is outlay for centrally sponsored projects.

The Plan has been approved by the State Planning Board on Monday and submitted for the Cabinet’s approval.


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