Kerala Budget 2019 Highlights: Rebuilding after the floods is a challenge
Thiruvananthapuram, Jan 31: CPI(M) Central Committee member and Kerala's Finance Minister, Dr. T.M. Thomas Isaac is presenting Kerala Budget 2019 on Thursday.
This is the 10th Budget presented by the two-time Finance Minister Dr. T.M. Thomas Isaac. Kerala Budget 2019 will provide a clear picture about the projects the government will be implementing to rebuild Kerala after one most the most devastating floods the State has ever witnessed.
It's 'Interim Budget 2019-20', clarifies Finance Ministry
Earlier, Dr. Thomas Isaac said in a Facebook post that he had prepared each Budget with the perspective of strengthening and driving forward the discussions on Kerala's development. The approach was not a mere presentation of expenditure allocation and allocations to the departments. "Kerala Budget 2019 too, will raise the debates on development to a new level," he added.
Budget Highlights:
- Rs 15,000 crore loss to the revenues of villagers due to floods.
- Rs 1832 crore spent on post-flood reconstruction of Kerala. Not just property, livelihood also affected due to floods, he said.
- He promises that the contribution received in disaster relief fund will be used only for works related to flood.
- Rs 2 crore announced for renaissance and women empowerment schemes.
- Institutes Dakshayani Velayudhan award for women empowerment.
- He also says the protest regarding entry of women in Sabarimala was second calamity after floods faced by state.