Modi Government ‘Strangulating’ Kerala By Denying Funds: Thomas Isaac
Kerala Finance Minister Thomas Issac speaks during an interview. (Source: BloombergQuint)

Modi Government ‘Strangulating’ Kerala By Denying Funds: Thomas Isaac


Kerala Finance Minister Thomas Issac on Friday said the Narendra Modi government was "strangulating" the state by denying funds.

Presenting the 2020-21 budget of the Pinarayi Vijayan led-Left Democratic Front government, Issac alleged the centre has been "helping" corporates rather than the common man.

The Centre has been strangulating Kerala by denying funds for the state and has been moving on a self-destructive path by corporate-friendly policies and privatisation. The GST implementation has not been beneficial for the state.
Thomas Issac, Finance Minister, Kerala

Also read: Managing State Finances: States Under ‘Severe Stress’, Says Kerala FM Thomas Isaac

In the budget, Issac set aside Rs 1,000 crore for coastal area development, Rs 1,500 crore for the public works department, Rs 1,000 crore has been allotted for village road projects and Rs 4,383 crore for drinking water projects in the state.

"The government proposes 2.5 lakh water connections in the upcoming financial year. We will also construct one lakh houses under Life Mission," the finance minister said.

Rs 6,000-Crore Kochi Development Plan

The budget has allocated Rs 90 crore for Pravasi Welfare Fund and the government proposes power projects with a capacity of 500 MW. "The government proposes Kochi development plan with a fund of Rs 6,000 crore. The city will get a unified travel card and Metro project will be extended," Issac said.

The state government has increased all welfare pension funds by Rs 100, allotted Rs 40 crore to paddy farmers and Rs 10 crore for startups in the state.

Also read: Kerala Government Declares Coronavirus As ‘State Calamity’

The local self-governments have been allotted Rs five crore for waste management, Rs 20 crore has been set apart for 1,000 food stalls under hunger-free Kerala, where meals will be made available at Rs 25.

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