Friday, March 15, 2013

Pension age made 60 for those 
entering service from April 2013
Welfare, farming take centrestage in Mani's budget

Thiruvananthapuram: The pension age of Kerala government employees has been made 60 for those who enter service from April 1, 2013 onwards. This was announced by Finance minister K M Mani in the budget. This is to bring into effect the National Pension Scheme.
This decision will not affect the youth as the pension age of present government employees would not be hiked. But at the same time this would prove beneficial in the future, according to the budget. The finance minister has not elaborated on this point in the budget speech.

  • Special burn treatment centres in medical colleges
  • Free generic medicine project in all taluk hospitals
  • Research Centre at Thiruvananthapuram Engineering College
  • Rs 55 Cr for Kollam, Alappuzha bypasses
  • Chemical toilets in boats of water Department
  • Rs 117 Cr for Vallarpadom-Kozhikode coastal Highway
  • Rs 100 Cr aid for KSRTC to tide over difficult situation
  • Roads to build cycle path with Private-Public participation
  • Rs 10 Cr for modern parking facility in towns
  • Rs 25 Cr Kumarakom-Nedumbassery State Highway
  • Aid to those who get patents
  • Research and inventions will be encouraged
  • Rs 20 Cr for young entrepreneurs
  • Agricultural product insurance scheme to cover all farm products
  • 10 district to have units for producing Neera from coconut tree
  • Rs 50 Cr for new dam at Mullaperiyar
  • Rs 400 Cr for constructing check dams to solve water shortage
  • Fish malls in Thiruvananthapuram, Kochi, Kozhikode
  • Rs 10 Cr for fish-processing centers
  • Plastic to be collected for processing; Interest free loan up to Rs 20 lakhs for societies
  • Rs 35 Cr meat processing plant in Chalakkudy
  • Housing loan subsidy for journalists raised to Rs 1 lakh
  • Journalist pension raised to Rs 7000
  • Erattupetta Panchayat to become Municipality
  • Permanent steel bridge for Aluva Manalppuram; Rs 5 Cr allotted
  • KSFE to implement employment scheme for diaspora
  • Mangalya Nidhi for marriage of poor people; Rs 20,000 as aid
  • Integrated Insurance programme for all families
  • Vytilla model Mobility Hubs in important towns
  • 'Thripty fair price food stalls to sell food packets for Rs 20
  • Solar power generation will be extended
  • Coastal ship transport will be encouraged; 5 ports to be developed
  • Rs 100 Cr for 50 modern fish markets
  • Rs 3 Cr for protection of fishermen
  • Tax rebate for houses with rain water harvest facility
  • Punishment to people who employ children as beggars
  • Shelter homes to accommodate beggars
  • Education loan interest discount for APL families too
  • Old age and farmer's pension increased
  • Rs 25 crore allocated for agri malls in important cities
  • Risk insurance for agriculture loans; confiscation to be banned
  • Permission to begin 10,000 integrated hi-tech agriculture centers
  • Individuals excluded from agriculture taxes
  • Rs 14 crore allocated for Supplyco to start two rice mills
  • Interest free loan assured to small scale farmers
  • 14 hi-tech agriculture villages to be started. Rs 3 crore financial assistance for a village
  • Small scale farmers loan waived with immediate effect
  • Progress in the Growth sector, Rs 8,000 crore to be invested in Capital sector
  • Reduction in exports affects agriculture negatively
  • Revenue willl increase by imposing taxes to more sectors
  • Growth rate at 9.5%

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