Kerala government welcomes budget

March 16th, 2012 - 9:37 pm ICT by IANS  

Thiruvananthapuram, March 16 (IANS) Kerala Chief Minister Oommen Chandy Friday described the budget for 2012-13 as one which would benefit a cross-section of society.

Speaking to reporters here, Chandy said that Kerala has got a reasonable due in the scheme of things in the budget.

“The budget has an allocation of Rs.60 crore for Kochi Metro rail project. And I see this as a green signal for the yet to be cleared project. The Kerala Agriculture University has been given Rs.100 crore and numerous central public sector units in the state have also got a share in the budget. In short, this is a realistic budget,” said Chandy.

State Finance Minister K.M. Mani who will be presenting his budget on Monday described Mukerjee’s budget as one which will spur development. “The Rs.60,000 crores that would be raised for infrastructure development would speed up development process in the country.

But leader of opposition V.S. Achuthanandan said the budget will be detrimental to the common man.

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