Kerala Assembly passes Appropriation Bill pertaining to supplementary expenditure

Thiruvananthapuram: Education Minister C. Raveendranath said that plans for investments outside the Budget would boost revenues.

Replying to the debate on the Kerala Appropriation (No. 3) Bill pertaining to supplementary expenditure for the current year, the Minister said that five times more investment than through Budget was planned from Kerala Infrastructure Investment Fund.

The investments would boost revenue receipts which in turn would help to reduce revenue deficit. When the revenue deficit comes down, more funds c could be earmarked for productive expenditure.

Mr. Raveendranath said that the government proposed to expand the Karunya Benevolent Scheme by bringing more diseases under its purview.

After the Minister’s reply, the House passed the Bill, which seeks to authorise appropriation of funds (Rs. 846.07 crore) from the Consolidated Fund of the State for services during  2016-17, for 65 votes against 36.