Current Affairs Exam

Kochis development will be top priority: Finance minister

Finance minister K N Balagopal has said that the will give top priority for enhancing Infrastructure facilities, including road and water transport, inKochi. Speaking at a meeting held to discuss the projects to be implemented for the citys development on Thursday, Balagopal said the government will consider all the needs of the city like construction of RAILWAY overbridges (RoBs), canal rejuvenation and road development favourably.

The government will try to avoid deductions from the plan fund allocation to the city. The government has been making deductions from the plan fund allocation to the city so as to compensate the amount it spent for purchasing land for the corporation at Brahmapuram. The government had to shell out more than Rs 100 crore for providing additional compensation to the landowners.

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