He proposed 25 new projects to resurrect Kerala after the devastation caused by the deadliest flood of the century last August.
Kerala government proposed a hike in movie tickets, beer and wine prices in their post-floods state budget. A 'flood cess' was also proposed in cash-strapped Kerala by the CPI(M)-led LDF government on Thursday in an effort to mobilise additional resources to rebuild the state.
As the southern state faced a severe financial crunch, finance Minister T M Thomas Isaac presented the budgetary proposals for the 2019-20 fiscal, giving thrust to a massive rebuilding exercise.
He proposed 25 new projects to resurrect Kerala after the devastation caused by the deadliest flood of the century last August.
"This is a budget for creating a new Kerala," Isaac said stating that Rs 1,000 crore has been earmarked for the 'Rebuild Kerala' initiative in the plan.
(PTI)