The 2014-15 budget of the Tripunithura Municipality, presented on Thursday, stressed on projects related to infrastructure development in view of the extension of Kochi Metro Rail from Petta to Tripunithura.
An amount of `50 crore has been earmarked for the bus terminal project proposed to come up near the terminal point of the Kochi Metro Rail and for developing roads in the area.
The budget presented by municipal chairperson Thilothama Suresh has a surplus of `1.47 crore with `125.90 crore revenue and `124.43 crore expenditure.
In the budget speech, the vice-chairperson mentioned that infrastructure projects will be implemented through public-private partnership model. She added that a detailed project report, including a plan for comprehensive developments of roads and the bus terminal, have been prepared by Infrastructure Kerala Limited (INKEL).
The report will be submitted at the investors meet scheduled to be held in Kochi on February 23 and 24, she added. The budget has also earmarked `25 lakh for the developing Mamala-Chithrapuzha road.
A sum of `8.3 crore has been set aside for implementing welfare projects. In this, `3.03 crore will be utilized for initiating welfare projects for the Scheduled Caste category.
An amount of `45 crore has been allotted for implementing various other projects, including Central Government projects like Basic Services to the Urban Poor (BSUP) and Swarna Jayanti Shahari Rozgar Yojana.
A total of `2 crore has been earmarked for carrying out land acquisition for Eroor Railway Over Bridge. For purchasing the land belonging to the palace administration, where the old RLV College was situated and for setting up public park and open air auditorium, a sum of `4 crore has been earmarked.
An amount of `2.9 crore has been earmarked for completing the ongoing projects of the local body, including the Thaneerchal Tourism project and Koothambalam project near Layam Ground.
For encouraging the disposal of waste at its source, the budget has allotted a total of `75 lakh. The fund will be utilised for distributing bio gas plants and pipe composts to the residents at subsidised rate.
The budget has also earmarked a total of `10 crore for protecting rivers and canals in the area from various kinds of pollution.