Here are the key highlights from the minister’s budget speech:
Kerala Budget 2024 Highlights: Malabar International Port to be developed
➤ In a first in India, the state will eradicate extreme poverty by November 2025. This will be a record in the country, says FM Balagopal.
Kerala Budget 2024 Highlights: Malabar International Port to be developed
➤ An allocation of Rs 9.65 crore has been made for developing the Malabar International Port that is bound to benefit north Kerala and south Karnataka.
Kerala Budget 2024 Highlights: KSRTC to be new BS6 standard buses
➤ The state road transport gets an allocation of Rs 128.54 crore. It will get new BS6 standard buses
Kerala Budget 2024 Highlights: Education sector gets Rs 1,000 crore
➤ Each district will get one upgraded model school. A new grading system will be implemented to evaluate school quality, accompanied by the introduction of residential training programs for teachers.
➤ Furthermore, the General Education Department is set to provide training in artificial intelligence (AI) as part of the state’s proactive approach in addressing challenges presented by AI and deepfake technology.
Kerala Budget 2024 Highlights: Sabarimala master plan gets Rs 27 crore
➤ Sabrimala gets Rs 27 crore
Kerala Budget 2024 Highlights: Tourism gets Rs 350 crore
➤ Tourism sector to get an allocation of Rs 351.41 crore
Kerala Budget 2024 Highlights: The MSME sector will receive Rs 215 crore.
Kerala Budget 2024 Highlights: The cashew sector has been earmarked Rs 53 crore.
Kerala Budget 2024 Highlights: Operation Breakthrough, a project to address flash floods in Kochi city during rains, has been allocated Rs 10 crore.
Kerala Budget 2024 Highlights: The Zoological park in Thrissur will be developed to an international level with an allocation of Rs 6 crore.
Kerala Budget 2024 Highlights: A Tiger safari park will be established at Muthukad in Kozhikode.
Kerala Budget 2024 Highlights: Rs 2 crore has been set aside for the primary expenses of the Naadukani Safari park project, which is estimated to cost Rs 300 crore.
Kerala Budget 2024 Highlights: The cultivation of sandalwood will be encouraged.
Kerala Budget 2024 Highlights: Rs 83 crore has been allocated for soil protection, and Rs 78 crore has been set aside for the safe vegetable project.
Kerala Budget 2024 Highlights: Rs 40 crore has been allocated for the Punergeham project, aimed at rehabilitating those living in the coastal areas facing severe erosion. This is double the amount allocated in the previous budget.
Kerala Budget 2024 Highlights: The government claims to have created 2.36 lakh job opportunities in the agricultural sector.
Kerala Budget 2024 Highlights: Finance minister KN Balagopal emphasized the potential of tourism in Kerala.
Kerala Budget 2024 Highlights: The finance minister suggested the development of special zones similar to the Chinese model.
Kerala Budget 2024 Highlights: An investment of Rs 200 crore is envisaged for the Digital University.
Kerala Budget 2024 Highlights: The minister aims to make Kerala a medical hub.
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