Kerala State Budget Focuses on Transport Infrastructure Development
Key Ideas
- Kerala's Finance Minister allocates Rs 178.96 crore to KSRTC for transport infrastructure, with emphasis on purchasing new diesel buses.
- An additional Rs 8.56 crore is allocated for e-Mobility Promotion Fund to promote hydrogen fuel vehicles and green transport initiatives.
- Transport Minister assures KSRTC pensioners of uninterrupted pension payments, and announces plans to launch 1,000 new buses for revitalisation.
- The budget also includes allocations for inland waterway transport, fuel-efficient boats, and development of private bus stands.
Kerala's Finance Minister, KN Balagopal, has presented the state's budget for the upcoming fiscal year, focusing on enhancing the transport infrastructure. With a significant allocation of Rs 178.96 crore to the Kerala State Road Transport Corporation (KSRTC), including Rs 107 crore specifically for new diesel buses, the government aims to improve public transport services. The budget also includes Rs 8.56 crore for the e-Mobility Promotion Fund, highlighting a shift towards promoting hydrogen fuel vehicles and green transport initiatives. Additionally, Minister Balagopal mentioned the allocations made to KSRTC, showcasing a substantial increase compared to previous periods. The Transport Minister, K B Ganesh Kumar, reassured pensioners of uninterrupted payments and shared positive news about KSRTC's recovery, mentioning plans to introduce 1,000 new buses to the fleet. This strategic move towards enhancing public transportation and supporting green initiatives reflects the government's commitment to sustainable development and improved transport services for the people of Kerala.
Topics
Public Transit
Public Transport
Green Initiatives
E-mobility
Budget Allocation
Transport Minister
Recovery Plan
Pension Assurance
New Bus Fleet
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