Kochi Corporation budget to offer realistic proposals
9 years, 1 month ago

Kochi Corporation budget to offer realistic proposals

Deccan Chronicle  

KOCHI: Deputy mayor T.J Vinod will present the first budget of the new UDF council by the end of this month. Many of the projects announced over the years like new solid waste treatment plant at Brahmapuram, e-governance, Thammanam – Pullepady Road development, Atlantis rail over bridge, Vathuruthy RoB, modern slaughterhouse at Mattancherry, surface water drainage projects, septage plant at Willingdon Island, regularisation of auto-rickshaw service in city, Broadway and Ernakulam market renovation, modernisation of street furniture and development and maintenance of roads as per Road Conclave recommendations are yet to be realised. “Instead of announcing new projects, the Budget will have feasible proposals to complete the earlier announced projects for which additional funds will be allocated,” sources said. “If effective measures are not announced in the budget to plug revenue loss and to use corporation assets for revenue enhancement, the local body will have to face an unprecedented financial crisis,” said Opposition councillor C.J.

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History of this topic

Kochi Corpn. lags behind in Plan fund utilisation
3 weeks, 6 days ago

Kochi Corpn. lags behind in Plan fund utilisation

The Hindu  

The Kochi Corporation ranks fifth among the six municipal corporations in the State in Plan fund utilisation, with just 43.80% spent and only a month remaining in the 2024-25 financial year, according to the Local Self-Government department’s dashboard as of Wednesday. Mr. Anilkumar further claimed that the Corporation, which had never ranked among the top three in fund utilisation in …

Kochi Corporation’s fund utilisation for ongoing fiscal may exceed ₹70 crore, says Mayor
1 month ago

Kochi Corporation’s fund utilisation for ongoing fiscal may exceed ₹70 crore, says Mayor

The Hindu  

The Kochi Corporation may be able to spend nearly ₹70 crore of the allocations for the 2024-25 financial year, Mayor M. Anilkumar has said. The utilisation may exceed ₹70 crore when bills on expenditure for ₹23.47 crore on infrastructure are considered. Addressing the Corporation Council meeting on Tuesday, Mr. Anilkumar said weekly review meetings should be convened by the development …

Kochi neglected yet again, says T.J. Vinod; Mayor rebuts charge
1 month, 2 weeks ago

Kochi neglected yet again, says T.J. Vinod; Mayor rebuts charge

The Hindu  

The sidestepping of Kochi by the State government during the past few years, even though the city made significant contribution to the State’s revenue, was evident in Friday’s Budget as well, Ernakulam MLA T.J. Vinod has said. The government also owes an explanation as to why no funds were allocated for the Ernakulam KSRTC bus stand which has been in …

Kochi gets some big-ticket projects but misses infrastructure support
1 month, 2 weeks ago

Kochi gets some big-ticket projects but misses infrastructure support

The Hindu  

Kochi has something to cheer about in the annual Budget presented by Finance Minister K.N. The Kochi-Sustainable Urban Restructuring Project, aimed at transforming the city’s urban areas into planned, vibrant spaces, is a key initiative in the annual Budget. The Kochi-Palakkad Hi-Tech Industrial Corridor, part of the Kochi-Bengaluru Industrial Corridor, will receive a support of ₹200 crore, while Infopark, Kochi, …

Kerala brings out a ‘Citizen’s Guide to Budget’
1 month, 2 weeks ago

Kerala brings out a ‘Citizen’s Guide to Budget’

The Hindu  

On page 12 of the ‘Citizen’s Guide to Budget,’ two piecharts attempt to describe government revenues and expenditure in the 2025-26 fiscal in the simplest possible manner; how a single rupee gets collected as government revenue and the manner in which it is spent. For the first time, the State government has prepared a ‘Citizen’s Guide to Budget’ to go …

Kerala Budget has many projects, but their timely implementation is equally crucial
1 month, 2 weeks ago

Kerala Budget has many projects, but their timely implementation is equally crucial

The Hindu  

Kerala has been experiencing a persistent, acute, and unprecedented fiscal crisis. The crisis during the last decade can be divided into three phases — the 2016 White Paper on State finances which predicted a fiscal collapse by 2021, the unprecedented fiscal crisis declaration by Kerala’s Finance Minister in December 2022, and the unprecedented borrowing of the State in 2023-24 indicating …

Kerala Budget 2025: Opposition UDF terms Budget ‘a false and cruel construct with no significance’
1 month, 2 weeks ago

Kerala Budget 2025: Opposition UDF terms Budget ‘a false and cruel construct with no significance’

The Hindu  

Kerala’s Leader of the Opposition V.D. At a press conference, Mr. Satheesan said the Budget was “an inconsequential and embroidered document replete with false claims and hyperbole.“ He said the Budget had no bearing on public life because the government’s coffers were dry due to years of fiscal mismanagement and lax tax administration. Mr. Satheesan said that the “clandestine plan …

Tough balancing act on the cards in Kerala Budget
1 month, 3 weeks ago

Tough balancing act on the cards in Kerala Budget

The Hindu  

The 2025-26 State Budget, to be presented on Friday, will be closely watched for measures designed to boost the economy and how Finance Minister K.N. Mr. Balagopal’s upcoming Budget presentation garners considerable interest in the context of the Union Budget’s silence on Kerala’s pleas for special financial packages for rehabilitating the landslide survivors in Wayanad and tackling rising human-wildlife conflicts. …

Kerala Budget: Not quite up to expectations
1 year, 1 month ago

Kerala Budget: Not quite up to expectations

New Indian Express  

A crisis is an opportunity, and the context of Kerala's budget for 2024 was configured for such spectacular and solid announcements. Though the announcement "Programmes are being planned to attract investment to the tune of at least Rs 3 lakh crores within the next three years" generated a lot of interest at the beginning of the budget speech, no clear …

Kochi Corporation lags behind in annual spending
1 year, 3 months ago

Kochi Corporation lags behind in annual spending

The Hindu  

With hardly three months left for the completion of the financial year, the Kochi Corporation could only spend one-fourth of its annual funds. Of the ₹90.66-crore Plan fund allotted for the current year, the city corporation could utilise only 22.71 per cent, which accounted for ₹25.05 crore till Monday afternoon. The spending of the Thiruvananthapuram City Corporation was to the …

Kochi: Corp lags in fund use
5 years, 4 months ago

Kochi: Corp lags in fund use

Deccan Chronicle  

KOCHI: The strict guidelines of the local self-government department on timely and effective utilisation of annual Plan fund allocation notwithstanding, the Kochi corporation spent only 21.53 per cent of the funds so far. The civic body has 1515 projects worth Rs 210 crore for the 2019-20 fiscal including 990 new works and 525 spill-over works. Corporation development standing committee chairperson …

Kochi: Rs 44-crore projects for waste management
5 years, 7 months ago

Kochi: Rs 44-crore projects for waste management

Deccan Chronicle  

KOCHI: The City Corporation has prepared a detailed project report for implementing solid waste management projects worth Rs 44 crore, using the funds allocated by the Union government. “The funds have been allocated under Swachh Bharat Mission for implementing various solid waste management projects. The Corporation has to provide Rs 2,000 per one tonne of garbage as viability gap fund …

Kochi Corporation spends 72 pc funds
5 years, 11 months ago

Kochi Corporation spends 72 pc funds

Deccan Chronicle  

Kochi: On the last day for submitting bills of 2018-19 Plan fund works on Wednesday, Kochi Corporation could spend 72 per cent of its fund allocation. “As the finance department lifted the treasury curbs a week ago, the corporation’s pending bills worth several crores have be-en cleared. As per the data on Wed-nesday, corporation could spend 72 per cent of …

Thrust on systematic development: Mayor Soumini Jain
6 years, 1 month ago

Thrust on systematic development: Mayor Soumini Jain

Deccan Chronicle  

Kochi: The budget presented by deputy mayor T. J. Vinod on Saturday aims at the systematic and comprehensive development of Kochi city, Mayor Soumini Jain said. The 116 projects included in the budget also aim at the development of the marginalized sections of society along with the overall development of the city, she added. The two leaders also said that …

Kochi: SPVs to end pressing problems
6 years, 1 month ago

Kochi: SPVs to end pressing problems

Deccan Chronicle  

Kochi: The budget of the Kochi Corporation for the financial year 2019-20, presented on Saturday when smoke emanating from the fire that engulfed the waste dump at Brahmapuram enveloped many parts, promises special purpose vehicles to solve the pressing problems of residents. The budget presented by deputy mayor T.J. Vinod stressed on the efficient manner in which SPVs functions in …

Kerala budget 2017: Laudable aims, grim fisc
8 years ago

Kerala budget 2017: Laudable aims, grim fisc

Deccan Chronicle  

This budget was the last one before the states lost their constitutional power to fix tax rates for purchase and sale of commodities. The budget thinks beyond the accounting concept of revenue deficit and considers revenue expenditure in social sector as an essential prerequisite of human capital formation, when physical capital formation is sought to be taken care of substantially …

Kochi Corporation last in Plan Fund expenditure
8 years, 1 month ago

Kochi Corporation last in Plan Fund expenditure

Deccan Chronicle  

KOCHI: The Kochi Corporation which topped in Plan Funds spending in the state during last fiscal year has made a nosedive this year. As per the local self-government department’s performance analysis as on January 27, Kochi is in the last position with only 11.60 percent utilisation while Kollam tops with 23.19 percent. During the last fiscal, the civic body spent …

Move to present plan sans Kochi corporation clearance
9 years, 3 months ago

Move to present plan sans Kochi corporation clearance

Deccan Chronicle  

KOCHI: The preparation of the concept plan of the Kochi Smart City project has become a sham of a democratic process with the state and the central governments reducing it to secretive affair, keeping the elected Kochi corporation council in the dark. It is understood that the Smart City Mission and the private rating agency ICRA have finalised the concept …

Kochi Corporation to get new building
9 years, 9 months ago

Kochi Corporation to get new building

Deccan Chronicle  

KOCHI: After 11 years of uncertainty, the construction of the new building for Kochi Corporation at Marine Drive will resume soon, if everything goes well. The project proposed in 2004 and stuck midway has got a fresh impetus after the finance department cleared the revised project proposal and cost. Now, with the finance department’s clearance for the new proposal and …

Kochi corporation slips on Jawaharlal Nehru National Urban Renewal Mission
9 years, 10 months ago

Kochi corporation slips on Jawaharlal Nehru National Urban Renewal Mission

Deccan Chronicle  

KOCHI: When the UDF-led council came to power in Kochi corporation in 2010 November, the civic administration and the public were hopeful that many of the long-drawn development projects will become a reality. A major reason for this was the availability of funds under Union government’s Jawaharlal Nehru National Urban Renewal Mission. As per a status report released by the …

Kochi to evolve as economic hub: PM
12 years, 6 months ago

Kochi to evolve as economic hub: PM

The Hindu  

Prime Minister Manmohan Singh hoped that Kochi would evolve as “a very important economic and logistical hub” of the country. Speaking at the foundation stone laying ceremony of the Kochi metro rail project at Ernakulam Marine Drive on Thursday, Mr. Singh said that the city had emerged as one of the most important ports of the county with the International …

Budget bypasses Kerala's special needs
13 years ago

Budget bypasses Kerala's special needs

The Hindu  

The Union Budget presented by Finance Minister Pranab Mukherjee in the Lok Sabha on Friday virtually bypasses Kerala's special needs and demands. An allocation of Rs.100 crore for Kerala Agricultural University as part of a new initiative to promote excellence in education and research and an allocation of Rs.60 crore for the proposed Kochi Metro Rail project are the only …

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