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Kerala budget 2011ബജറ്റ് 2011 ഒറ്റനോട്ടത്തില്‍

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Thiruvananthapuram: With Assembly polls just months away, the LDF Government in Kerala today presented a people-centric Budget with a focus to welfare measures, price-control programmes and infrastructure development

Besides raising the minimum welfare pension to Rs 400, Finance Minister T M Isaac Thomas, who presented the Budget in
the Assembly, unveiled a new pension scheme for domestic aides, the majority of whom are women.

The Budget for 2011-12 also proposed measures to strengthen the social security net for below poverty line (BPL) sections, bringing four million families under a free insurance scheme.

Seeking to insulate the poor from the impact of price rise, 40 lakh families will be provided rice at Rs 2 a kg. Stepping up the state-subsidised distribution network, 3,000 ration shops across the state would be made franchisees of the state Civil Supplies Corporation, through which a variety of food articles and basic provisions would be provided.

It also proposed a special package for improving roads and building new links throughout the state, where polls are
due in May.

The Budget made special provisions for improving amenities in five major cities, including the state capital. Under this, Thiruvananthapuram will get Rs 250 crore, Kochi Rs 202 crore, Kozhikode Rs 180 crore, Thrissur Rs 142 crore and
Kollam Rs 120 crore.

The budget did not proposed any increase in tax rates and showed a year end defecit of Rs.730.67 crores.

Total revenue income was put at Rs.38 546.89 crores and revenue expenses of Rs.44,566.33 with a revenue defecit of
Rs.6019.44 crores. Total capital expenditure was Rs.2910.13 crores.

The additional expenditure for the year was Rs.753.41 crores in the budget.

Giving thrust for infrastructure development of the state, the budger proposes a Comprehensive Road Rehablitation project
with a total out lay of Rs.40,000 crore.

Announcing a Social Security Scheme by bringing 40 lakh families under BPL category, the budget proposed among other
things include all the BPL families in health insurance.

Setting up of new welfare boards for workers in private hospitals, Hospital Development Committees, Un-Aided Schools,
College and Private Special Schools have been proposed with an outlay of Rs.10 crores.

It was also decided to write off the housing loans taken by poor people in the society under the government's Maythree
Housing Loan Scheme.

Another focus of the budge was measures to check price rise of essential commodities.

Besides providing rice at Rs.2 per kg to 40 lakh BPL families, a scheme with an outlay of Rs.100 crores to supply
essential commoties at a reasonable price through 3000 ration shops that would be converted as franchise of Civil Supplies
Corporation. 'A kit with provisions of Rs.300 will be available at a price of Rs.150', Issac said.

To strengthen the functioning of ration shops, the commission of ration dealers was increased in the budget.

In a bid to evade any type of tax evasion and make tax payment more confortable for traders, it was proposed to
simplify proceedures to file tax returns by introducing five forms in place of the 25 forms now.

All types of bricks,organic fertilizers, nylon plastic ropes have been exculded completely from tax net.

Luxury tax on Cable TV Operators have been withdrawn in the budget. Besides lowering the tax on sand from 12.5 to 4 per
cent, the budget announced a new tax amnesty package for ailing Playwodd and Ayurveda Drug Industry.

Giving a financial indications for the 2011-12, the budget said the salary bill for government employees in the state
would increase from Rs.11130 crores to Rs.16326 crores.

Pension expenditure would increase from Rs.5788 crores to Rs.7311 crores, total public debt of the state would decrease
to 29.03 per from the existing 29.52 per cent from state's income. PTI

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