Budget: VSSC gets Rs 613 cr, Rs 175 cr for IISST   Budget:

Budget gains for Kerala

Thiruvananthapuram, Monday 6 July 2009: Finance Minister Pranab Mukherjee has presented Budget 2009-10 in Parliament. Pranab Mukherjee in his 2009 budget has allotted Rs 613 crore for the Vikram Sarabhai Space Centre (VSSC) and for the Indian Institute of Spaces and Science Technology Rs 175 core. Rs 25 crore each has been alotted for the development of campus of Aligarh Muslim University (AMU) in Malappuram along with Murshidabad.

Other than that, the allocation in budget for the state are as follows:

Fund for development of Vallarpadom Container Terminal project - Rs 99.97 crore.

Hindustan News Print Ltd- Rs 57 crore

Vallarpadom railway – Rs 45 crore

FACT- Rs 34 crore

Cochin Shipyard - Rs 60 crore

Foreign fund of Rs 150 crore for sustained development project and Rs 280 crore for KSTP would be ensured.

Kochi special economic zone to get Rs 5.64 crore

Spices Board - Rs 62 crore

Rubber Board Rs 105 crore

Coffee Board –Rs 153 crore

Cashew development – Rs 2 crore

Marine Products Development Authority - Rs 95 crore

Subsidy for Shipyard - Rs 120 crore

Coir production upgradation and development – Rs 5 crore

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