+
Kerala budget focuses on housing and basic infrastructure facilities
Real Estate

Kerala budget focuses on housing and basic infrastructure facilities

Kerala Municipal Corporation revealed the budget for the fiscal year (FY) 2022-23, focusing on housing for everybody, improving civic facilities and basic infrastructure, enhancing disaster management projects, women-friendly projects, and extending the hunger-free project. The budget also aims to turn Thiruvananthapuram into a model city.

P K Raju, Deputy Mayor, presented the budget with an overall revenue income of Rs 1,628 crore and an outlay of Rs 1,256 crore.

The budget promised complete development of the city, including momentum in infrastructure, education, health and upliftment of the downtrodden.

Sneha Sadanam project, envisaging the construction of 1,500 houses under LIFE Mission, received the highest fund allotment of Rs 120 crore.

The budget also allocated Rs 50 crore to supply uninterrupted drinking water to every house and Rs 10.28 crore for the Aardram project, which focuses on developing primary and family health centres in the city.

S Arya Rajendran, the Mayor, told the media that every project announced in FY 22-23 and the previous year would be executed in the next five years by the incumbent governing council.

The Mayor said that out of the 181 announced projects, providing homes for all city residents would be a priority.

He said that the pandemic slowed down many projects, but they are trying to complete them quickly.

Another significant announcement was the development of Vilappilshala into a modern township with all facilities, including an allocation of Rs 5 crore for this project.

The township would include farmlands, parks, a community hall, and auditoriums. The city would be developed based on the town hall in other cities and would come upon the plot in the Jagathy junction corporation.

A multi-storey building would be built after demolishing the existing Indian Coffee House building at the main corporate office's premises and would cost Rs 1 crore. The budget also reserved Rs 1.5 crore for three new zonal office buildings at Sreekaryam, Thiruvallam, and Ulloor.

The FY22-23 budget also revealed the second crematorium opening at Kazhakoottam, Santhitheeram. It would be designed similar to Santhikavadam and the abattoir at Kunnukuzhy.

The Deputy Mayor also announced a startup facilitation centre to give youths a platform to brainstorm their special ideas.

Image Source

Also read: Kerala and Maharashtra to allot funds to promote renewable energy

Kerala Municipal Corporation revealed the budget for the fiscal year (FY) 2022-23, focusing on housing for everybody, improving civic facilities and basic infrastructure, enhancing disaster management projects, women-friendly projects, and extending the hunger-free project. The budget also aims to turn Thiruvananthapuram into a model city. P K Raju, Deputy Mayor, presented the budget with an overall revenue income of Rs 1,628 crore and an outlay of Rs 1,256 crore. The budget promised complete development of the city, including momentum in infrastructure, education, health and upliftment of the downtrodden. Sneha Sadanam project, envisaging the construction of 1,500 houses under LIFE Mission, received the highest fund allotment of Rs 120 crore. The budget also allocated Rs 50 crore to supply uninterrupted drinking water to every house and Rs 10.28 crore for the Aardram project, which focuses on developing primary and family health centres in the city. S Arya Rajendran, the Mayor, told the media that every project announced in FY 22-23 and the previous year would be executed in the next five years by the incumbent governing council. The Mayor said that out of the 181 announced projects, providing homes for all city residents would be a priority. He said that the pandemic slowed down many projects, but they are trying to complete them quickly. Another significant announcement was the development of Vilappilshala into a modern township with all facilities, including an allocation of Rs 5 crore for this project. The township would include farmlands, parks, a community hall, and auditoriums. The city would be developed based on the town hall in other cities and would come upon the plot in the Jagathy junction corporation. A multi-storey building would be built after demolishing the existing Indian Coffee House building at the main corporate office's premises and would cost Rs 1 crore. The budget also reserved Rs 1.5 crore for three new zonal office buildings at Sreekaryam, Thiruvallam, and Ulloor. The FY22-23 budget also revealed the second crematorium opening at Kazhakoottam, Santhitheeram. It would be designed similar to Santhikavadam and the abattoir at Kunnukuzhy. The Deputy Mayor also announced a startup facilitation centre to give youths a platform to brainstorm their special ideas. Image Source Also read: Kerala and Maharashtra to allot funds to promote renewable energy

Next Story
Infrastructure Transport

Cabinet Clears Rs 15.07 Bn Greenfield Airport Project in Kota-Bundi

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the Airports Authority of India’s (AAI) proposal for the development of a Greenfield Airport at Kota-Bundi, Rajasthan, at an estimated cost of Rs 15.07 billion.Kota, located on the banks of the Chambal River, is widely recognised as the industrial capital of Rajasthan and a prominent educational coaching hub. To support the region’s growing needs, the Government of Rajasthan has handed over 440.06 hectares of land to AAI for the project.The new Greenfield Airport will be designed to handle oper..

Next Story
Infrastructure Urban

Govt may extend MSME NPA classification period to 180 days

The Union government is considering a proposal to extend the non-performing asset (NPA) classification period for loans to micro, small and medium enterprises (MSMEs) from the existing 90 days to 180 days, according to a senior government official who requested anonymity.“The proposal to extend the loan default period for MSMEs from 90 days to 180 days is likely to be taken up by the Cabinet soon,” the official said.The move is expected to provide relief to cash-strapped MSMEs, especially against the backdrop of steep US tariffs, giving them more time to regularise their loan repayments.Ne..

Next Story
Infrastructure Urban

FedEx, IIT Madras Launch SMART Centre for Sustainable, AI-led Logistics

FedEx has partnered with the Indian Institute of Technology (IIT) Madras to inaugurate the SMART Centre (Supply Chain Modelling, Algorithms, Research and Technology Centre) on the institute’s campus. The facility will drive innovation in sustainable and AI-driven logistics solutions. Backed by a five-year $5 million grant from FedEx, the SMART Centre aims to combine advanced research, digital technologies, and industry expertise to transform supply chains with a focus on agility, resilience, and environmental responsibility.The centre will also spearhead interdisciplinary projects in ar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?