THI

THIRUVANANTHAPURAM: Finance Minister Thomas Isaac announced packages of Rs 500 crores for rubber support price and Rs 1000 crores for second Kuttanad package. In the upcoming fiscal year, a CIAL model company will be formed for value-added rubber product manufacturing. The government will own 26 percent shares and rest will be owned by private investors.

As part of the 1000 crores, Kuttanad package, lakes and other water bodies will be cleansed. 24 rivers will be given life again with the participation of people. For this Rs. 25 crores has been set aside. For the welfare of fishermen, the Rs 2000 crores package which was announced in the last budget will be expanded and integrated into ‘Rebuild Kerala’.

For coastal area development over Rs 1000 crores will be spent in 2019-20.

Within two years, 6000 kilometers road construction will be completed.