KERALA REVISED BUDGET 2016-17

Revised Budget:

Overall deficit: Rs. 711.38 cr.
Additional Resource Mobilisation: Rs. 805 cr.
Additional expenditure announced: Rs. 730.10 cr. Concessions: Rs. 5 cr.
Cumulative deficit: Rs. 746.69 cr.

Startup & IT will get boost

  • Rs 25 crore for 1000 start-ups
  • Rs 110.54 crore has been allocated for the development of MSMEs, business incubators and start-ups
  • Rs 452.87 crore for Information Technology sector
  • Rs 25 crore allocated for InfoCity at Pala, Kottayam
  • Rs 7.6 crore for Technopark

KERALA REVISED BUDGET 2016-17 – Major Heighlights