Petrol diesel prices hiked: K N Balagopal, Kerala’s finance Minister on Friday presented the budget for the 2022-23 financial years in the legislative assembly. The minister while presenting the budget has announced a hike of Rs 2 per litre in petrol, diesel prices. Petrol, diesel prices hiked by Rs 2 per litre: Check new rates.
The minister said that the Centre’s assistance to the state has been reduced and a financial crunch is expected this year. Kerala Petrol diesel prices the minister announced that Rs 2,000 has been allocated by the government to check inflation. As of 3 February, 1 litre of petrol costs Rs 107.71 and a litre of diesel costs Rs 96.52 in the state capital Thiruvananthapuram.
The budget allocated Rs 3400 crore to the KSRTC. The Finance Minister announces a special Research and Development budget as part of the thrust towards creating knowledge economy. Balagopal said the State has been making efforts to retain the youth in the State and minimise their migration to other countries.
“Young people going abroad for education and employment and settle abroad. This requires central expression schemes. The government spends Rs 50,000 per student per year. Second-generation development activities require the State government will make youth to stay in the state by creating better living facilities and new job opportunities,” the minister said.
The finance minister said that setting up a digital Science Park in Technopark, in the state capital Thiruvananthapuram will be over by May and said that construction of an IT park in Kannur will begin this year. The minister said that Rs 1000 crore will be allocated for the ‘Make in Kerala’ during the project period. Rs 100 crore has been earmarked for next year.
Budget allocated Rs 300 crore for waterway development and Rs 133 crore has been allocated for the development of 1933 km of highways in Kerala. Rs 10 crore has been allocated for implementing work from the home model in the tourism sector.
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Nursing colleges will come up in Idukki and Wayanad medical colleges, as well as the taluk hospitals and general hospitals in the State, the minister said. In the first stage, colleges will begin with attached to 25 hospitals and that Rs 20 crore has been set for this purpose. The minister said Rs 1000 crore rupees has been allocated for health tourism and to make Kerala the health care capital.
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