Package for reviving coastal areas in Kerala Budget
The Hindu
Coastal conservation measures estimated at ₹5,300 crore over the next five years
Finance Minister K.N. Balagopal on Friday announced a five-year package featuring a two-pronged approach for the revival of the coastal areas of the State. The approach involves coastal conservation measures as well as infrastructure improvement. The government aims to carry out coastal conservation measures estimated at roughly ₹5,300 crore over the next five years, Mr. Balagopal has said, presenting the revised budget for 2021-22. Funds for the initiative will be mobilised through World Bank, NABARD and the Kerala Infrastructure Investment Fund Board (KIIFB).
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