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Contractors' dues have been pending due to treasury restrictions on clearance.
Kerala Planning Board vice chairman V K Ramachandran presented a starkly different fiscal assessment than that of Finance Minister K N Balagopal, describing a 'crisis' due to insufficient funds preventing the completion of plans, though he framed this as a national issue stemming from the central government's revenue centralisation.
While presenting the Budget on Thursday, Finance Minister K N Balagopal highlighted the initiative of four women from Ezhukone as an example of women-led value-added food enterprises.
Instead of poll-eve 'screaming headline' announcements, Balagopal has resorted to a meticulous 'job group'-centric approach.
Against a current year’s revised budget size of ₹1.92 lakh crore, the 26-27 budget has been pegged at around ₹2.40 lakh crore.
Kannur got a string of new initiatives spanning sports, culture, logistics, health, education and infrastructure.
At a fundamental level, the Finance Commission wants the Board of Finance to explore the possibility of innovative and modern fund-mobilisation tool.
The difference between the average own tax revenue during Isaac’s five-year tenure and that of Balagopal stands at ₹1,27,747 crore.
A centrepiece of the budget's technological vision is the official earmarking of ₹30 cr to kickstart 'Cyber Valley'.
The Minister sounded almost heroic in his words, but unabashedly purposeful too.
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