Minister of Kerala, M K Mani presented the for the year 2012-13 on 19th March 2012. The Finance Minister addressed that Budget 2012-13 is a outstanding one. Read the below article to get the major highlights of Kerala Budget 2012-13.
The Honorable Finance Minister of Kerala, M K mani presented the Kerala Budget for the financial year 2012-13. The major highlights of the budget are highlighted below.
150 crores for Kochi Metro Rail
50 Crores for initial development of Thiruvananthauram Kasargod High Speed Rail
Employees' retirment age raised to 56
45 crores for each panchayat for developing 'a pond in every panchayat' project
20 crores for Kozhikode Mono Rail
224 crores for Vizhijnam international transshipment project
50 crores for Kannur airport and new aurports in Wayanad and Idukki
Rice Biparks in Kuttanad and Palakkad
15 crores for Coconut biopark
25 crors for farmers in Wayanad
Widow pension raised to Rs 525 and handicapped pension to Rs 700
Ayurveda University to setup in Kotakkkal
45 croers for green houses in each panchayath
Constituency development fund allocation raised to 705 crores
Proposal for film city in Ottapalam
Cigeratte, Liquor and tobacco products cost to go up
New medical college for Wayanad, Kollam and Palakkad
10 crores for setting up coir village
108 ambulance facility for each districts
100 crores for KINFRA
1 crore allocated for Pineapple Mission
25 crores for Sabarimala development
56 crores for development of coastal highways
5 crores for IIT project in Palakkad
Vehicle tax to be made proportional to vehicle price