Kerala budget: Banking on infra, tourism and tech
11 months ago

Kerala budget: Banking on infra, tourism and tech

New Indian Express  

KERALA: Finance Minister KN Balagopal’s budget speech has focussed on the troika of infrastructure, tourism and technology to make Kerala a “sunrise economy”. While K-Rail can address the need for high-speed rail connectivity, the two light metro systems will reduce traffic bottlenecks in two of Kerala’s largest cities, improving the quality of life and attracting business investments. However, the FM must keep in mind that the Chinese model involves suspension of labour laws within the economic zone and considerable discretionary powers granted to the management to bypass normal rules and regulations. Secondly, the Chinese model centres around building integrated townships rather than export processing enclaves, which has been the norm in India.

Kerala Chinese  infrastructure  industrial  fm  krail  zone  tourism  metro  infra  model  kerala  banking  budget  parks  chinese  tech

History of this topic

Expanding tourism for leisure and jobs
1 month, 1 week ago

Expanding tourism for leisure and jobs

Hindustan Times  

Given India’s under-tapped tourism potential, the Centre’s ₹3,295-crore assistance to 23 states to develop 40 less-known tourism sites is a welcome initiative. States will be required to develop the sites within two years under Union tourism ministry oversight, and then operate and manage the same. The Centre is urging the states to explore possibilities of partnering with the private sector …

Kerala minister P Rajeev's roadshow in Bengaluru to attract investors
3 months, 3 weeks ago

Kerala minister P Rajeev's roadshow in Bengaluru to attract investors

New Indian Express  

BENGALURU: After acquiring 1,710 acres of land for the Kochi-Bengaluru Industrial Corridor, an extension of the Chennai-Bengaluru Industrial Corridor, the Kerala government is now working to invite companies to start businesses in Karnataka. While interacting with top investors at a roadshow organised by the Kerala State Industrial Development Corporation in partnership with the Confederation of Indian Industry in Bengaluru, Kerala’s …

Govt may launch dozen industrial parks to attract ₹1.50 lakh crore investments
4 months, 2 weeks ago

Govt may launch dozen industrial parks to attract ₹1.50 lakh crore investments

Hindustan Times  

New Delhi: The government may launch about a dozen industrial parks covering the entire country in a quadrilateral to attract over Rs.1.50 lakh crore investments, boost manufacturing, and create employment opportunities, people aware of the development said, adding that the approval is expected in the Cabinet today. Prime Minister Narendra Modi holds Cabinet meeting The Cabinet, chaired by Prime Minister …

Kerala's draft logistics policy calls for private-sector parks
10 months ago

Kerala's draft logistics policy calls for private-sector parks

New Indian Express  

KOCHI : The state government’s draft logistics policy was released on Monday, opening up the sector to private-sector investment. The draft policy, released by Industries Minister P Rajeeve, recommends declaring logistics parks as industrial zones and establishing a single-window system for approval of parks. “Products worth Rs 1.5 lakh crore arrive in Kerala from other states, and this opportunity should …

Kerala cabinet okays urban policy panel
1 year ago

Kerala cabinet okays urban policy panel

Hindustan Times  

The Kerala cabinet on Wednesday approved the formation of a comprehensive urban policy commission whose recommendations and findings will play a key role in the development activities planned in the state for the next 25 years. The promise of an expert commission to deal with the challenges of urbanisation, which officials say the first in the country, was made in …

Kerala Budget 2023-24: Govt to allocate ₹1,000 crore for ’Make in Kerala’
1 year, 11 months ago

Kerala Budget 2023-24: Govt to allocate ₹1,000 crore for ’Make in Kerala’

Live Mint  

Kerala Finance Minister KN Balagopal on 3 February presented the state Budget for fiscal 2023-24 in the State Assembly and allocated ₹1,000 crore for 'Make in Kerala'. Under 'Make in Kerala', the minister said that facilities and infrastructure will be developed to increase domestic production, as well as employment, entrepreneur, investment opportunities in Kerala. According to the report, Kerala imported …

Small industries welcome Budget; Make in Kerala programme to boost SMEs
1 year, 11 months ago

Small industries welcome Budget; Make in Kerala programme to boost SMEs

The Hindu  

The State Budget for 2023-24 has given a central place to the development of micro, small and medium-scale industries and programmes such as Make in Kerala, development of multi-storey industrial estates, renovation of existing industrial estates, and rather generous support for launching new enterprises. Jose welcomed the Budget setting aside ₹212.70 crore out of a total allocation of ₹1,259.66 crore …

Kerala must exploit opportunities opened up in Budget, say industry leaders
1 year, 11 months ago

Kerala must exploit opportunities opened up in Budget, say industry leaders

The Hindu  

The Union Budget has unclogged a whole spectrum of economic opportunities and has something for everyone. Kerala must work to utilise these emerging opportunities, say industry leaders here on Wednesday. Chairman of the Confederation of Indian Industry Kerala State Council Geemon Korah says the Budget announcements referred to areas where Kerala has great strengths while changes in the personal income …

Kerala Budget 2022: Silverline project gets 2000 crore, big allocations to education sector
2 years, 9 months ago

Kerala Budget 2022: Silverline project gets 2000 crore, big allocations to education sector

India Today  

Kerala Finance minister KN Balagopal presented the state’s first paperless annual budget on Friday. An amount of Rs 2,000 crore has been set aside in the budget 2022-23 for land acquisition for the Kerala government’s Silverline project. The project is currently in its initial stages with land being demarcated across the state for acquisition.The budget allocation has now made it …

K-Rail: Global agencies including JICA offer support, says Kerala CM Pinarayi
2 years, 11 months ago

K-Rail: Global agencies including JICA offer support, says Kerala CM Pinarayi

Deccan Chronicle  

Thiruvanathapuram: Indicating that fund would not be a hurdle for his government to implement its flagship Silver Line Rail Corridor project, Chief Minister Pinarayi Vijayan has said that various global agencies including Japan International Cooperation Agency have already offered financial support to the mammoth initiative. The Chief Minister gave detailed description of the government's effort to raise funds for the …

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