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Showing posts with label salient features of latest Kerala budget. Show all posts
Showing posts with label salient features of latest Kerala budget. Show all posts

Friday, January 15, 2021

Highlights of Kerala's Election oriented Budget 2021-2022

The Kerala finance minister Thomas Isaac presented the state's Financial Budget for the year 2021-2022 today. As there are only hardly 4 months left for the state Assembly Elections, this budget is considered as an interim budget even though the ruling LDF government claims it will be a regular one!

As this budget is presented keeping mainly the Assembly Elections in May, it is better to state it as a 'Welfare Budget'! Without giving any valid details of generating income, huge amounts are allocated for the welfare of people without hurting anyone carefully! By presenting the budget for 3 hours and 15 minutes, Thomas Isaac broke the 'record' of former finance UDF minister K M Mani.

Here are the main points of the Kerala Budget 2021-22:

* All welfare pensions are hiked to Rs. 1600/- per month wef April 2021.

* Rs 1000 increased in honorarium for people's representatives.

* Rs 1000 hiked in Asha workers monthly allowance.

* Allowance of pre-primary ayahs lifted upto Rs 1000.

* Honorarium of 'school councillors' made Rs 24,000.

* Rs 1000 hiked in the Monthly allowance of School librarians.

* NRI pension will be Rs 3500/per month and NRI returnees pension is Rs. 3000/per month.

* The covid-19 food kit for all Ration card holders (APL/BPL) will continue further.

* 10 Kg rice @ Rs 15 (1.50 per kg) for APL (white/blue card holders)

* Employment opportunity for 8 lakh jobless people.

* Laptop for all homes.

* Free internet for BPL families.

* Jobs for 20 lakh people within 5 years.

* Launching Kerala Government's 'digital employment platform' for the unemployed to register and get jobs.

* Financial support to '2500 start-ups' to give jobs to 25,000.

* More houses to be constructed and distributed through 'life mission project'.

* 150000 houses to be completed within one year.

* Special rehabilitation program and packages for NRI returnees.

* Special support for 'work from home'.

* 'Karunya home project' for door delivery of medicines to the aged.

* The base prize of rubber is hiked to Rs.170.