Kerala - Thiruvananthapuram   

‘Budget lacks a capital thrust’

THIRUVANANTHAPURAM: The Thiruvananthapuram Chamber of Commerce has welcomed the State budget 2008 which lays emphasis on tourism and Information Technology.

A press release issued by the Chamber here on Thursday urged the State government to initiate steps to bring revenue and financial deficit under control by 2010-2011.

The budget, however, was silent on the holistic development of the State, the release stated.

Though the budget talked about smart city there was no mention about technocity, which was mentioned in the previous budget, it said.

Similarly, while a sum to the tune of Rs 25.7 crore had been allocated for the Vizhinjam port, there was no reference in the budget regarding the development of the roads in the capital, the airport and the constitution of a High Court Bench.

Federation of Residents’ Associations Thiruvanathapuram (FRAT) too welcomed the budget. In a release issued by Pattom Sasidharan Nair, president, the association welcomed the decision to raise the pension amount of workers in various sectors. However, the association also criticised the Finance Minister for his neglect of the capital city.

At a time when the members of the Thiruvananthapuram Bar Association were engaged in an indefinite Satyagraha to press for a High Court Bench here, the absence of any budgetary allocation for the bench is extremely disappointing, the release stated.

Meanwhile, the District Congress Committee (DCC) said the budget had neglected the development of the capital city.

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

Stories in this Section

SIET gears up to help students face exams
State on path of fiscal stability
BJP: budget will spur price rise
Major allocation for energy, irrigation
Health insurance scheme planned
Hike in Plan funds carryover for local bodies
Sales tax cess will be inflationary: UDF
Increase in Plan aid to universities
Meet on tribal land issue
Shot in the arm for health
Helping hand to ailing KSRTC
Restructuring package for KWA
Nod for Trade Fair Authority
‘Budget lacks a capital thrust’
Restructuring package for KWA
Vizhinjam project to get Rs.25 crore
Underwater scientific device reported missing
LDF welcomes cardinal’s stand
No benamis to be allowed in liquor industry
Gender Board to be formed
Five new police stations announced
New package for evictees

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