Kerala - Kochi   

Shopping fete mops up more revenue

KOCHI: The State government could earn an additional revenue of Rs.88 crore in December following the Grand Kerala Shopping Festival, Collector A.P.M. Muhammad Hanish has said. The sales tax collection in December 2006 was Rs.561 crore, whereas the revenue in December 2007 was Rs.649 crore.

The revenue figures were likely to go up as the final sales figures were yet to come. While computing the revenue, the revenue from the sale of liquor and medicine was not considered, said K.N. Satish, director of the Grand Kerala Shopping Festival.

During the 45-day festival, 2,195 shops across Kerala participated and offered prizes to consumers. Cars, TVs, flats and tickets for foreign travel were offered as gifts, they said. The valedictory session of the festival will be held at Ambedkar Stadium on February 3 at 5.45 p.m.

Tourism Minister Kodiyeri Balakrishnan will inaugurate the meeting. Finance Minister Thomas Isaac will preside. A variety entertainment programme will be organised in this connection.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Krishna Iyer stresses need to make laws people-friendly
Construction work disrupted
Panel visits Kochi port
Shopping fete mops up more revenue
Kalam to open college complex
Call to conserve wetlands
Waste disposal: notice issued to government
‘Single Women’s Day’
PRIDE set to go on air
Kalam to inaugurate public meeting on February 3
Church tells government to settle row
Kochi Today

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu