Approval for Kochi Corporation budget

Q: Hi, I recently came to know that the council has okayed the Kochi corporation's budget. Is it true. I want to get more information about this.

Ayesha Bibi, Kochi

6th April 2015

Real estate News in Kochi

kochi corporation

kochi infrastructure

kochi development

kochi growth

kochi real estate news

kochi realty updates 2015

gcda

kochi corporation budget

Follow Discussion

Also see discussions for

Kochi Real estate News Real estate News in Kochi

Replies (8)

The revenue expected this fiscal is Rs. 921.54 crore while the expenditure is Rs. 881.87 crore. The council decided to spend Rs. 4.5 crore for the 40-feet road in Palluruthy and Rs. 1.6 crore for Poyisha Road at Edappally.

Rajesh Menon, Kochi

12th April 2015

Comment

That's really true...The council meet also decided to earmark Rs. 20 crore each for development of roads, bridges and drainage and sewerage works.

Deepak Shetty, Kochi

11th April 2015

Comment

This budget is more better than the previous one. In the last one, there was a very bad proposed budget because, there was absolutely nothing changed in the previous budget. That was rejected straightforward. The new project has many new changes that will be good for the corporation.

Rajneesh Nambeesan, Kochi

10th April 2015

Comment

Oh..that's nice. When I enquired about this, the Deputy Mayor B. Bhadra, who presented the budget, said that the additional revenue is expected from property tax (Rs. 10 crore), property tax enforcement (Rs. 10 crore), professional tax (Rs. 10 crore), advertisement tax (Rs. 2 crore), entertainment tax (Rs. 3 crore) and hoarding tax (Rs. 5 crore).

Amal Anthony, Kochi

9th April 2015

Comment

Hmm..that's true..Some of its project ideas included comprehensive project for canal and drain cleaning, organic farming initiative, constructing four sewerage treatment plants in the city, replacing street lights with LED lightsrehabilitation package for street vendors, and skywalk projects in four places.

Sreekutty Nair, Kochi

8th April 2015

Comment

Exactly, the need for a new kochi corporation budget was happened because the opposition had many demands that had not been included in the proposed budget. But in the new budget, The opposition had submitted alternative proposals in areas like infrastructure, waste management, drinking water and social welfare.

Sreekutty Nair, Kochi

7th April 2015

Comment

Actually, I can give you some details about the newly approved budget. The budget was approved after including an additional revenue expectation of Rs. 40 crore and additional expenditure of Rs. 40 crore.

Micheal George, Kochi

7th April 2015

Comment

You know what..there was a meeting of the kochi corporation council meeting that is held recently approved the budget for 2015-16 with amendments that include proposals mooted by the opposition.

Sathish Menon, Kochi

6th April 2015

Comment