2,000 crores is set apart in the Budget for
2022-23 for surviving the threat of
inflation and ensuring food security against
the background of Covid-19 pandemic
cr for land acquisition for K-rail project
through Kerala Infrastructure
Investment Fund Board (KIIFB).
100 crore will be made available through KIIFB
for construction of hostel rooms in
universities including international hostel
Entrepreneurship centres to be set up on a
pilot basis near educational institutions in
all 14 districts of Kerala.
₹350 crore allocated for District Skill Parks
Skill Courses in Educational Institutions in
₹100 crore to be provided through KIIFB for
setting up Medical Tech Innovation Park at
Kerala Genome Data Centre’ (KGDC) in line with
international models like ‘UK Biobank’ to
generate, curate and publish Genomic Data
related to medical, agricultural and livestock
Steps have already been taken to form a Centre
of Excellence (COE) and a strategic programme
on Microbiome, integrating various research
institutes, within a year.
amount of ₹25 lakh is provided for the
preparation of a detailed project report for
establishing a Centre of Excellence in
nutraceuticals in Kerala.
India Innovation Centre for Graphene’, a
Centre of Knowledge conducting experimental
researches on the new technology of Graphene,
will be established.
new IT park will be set up in Kannur. For IT
Corridor extension, IT facility covering an
area of 5,00,000 sq.ft will be set up in
Kollam. Satellite IT parks will be established
in 15 to 25 acres which will be purchased at
premium rates through land acquisition on the
proposed corridor having easy access via NH 66
from Ernakulam, Kozhikode and Technopark Phase
Technopark, Techno City, Info Park and other
IT Centers will be expanded towards doubling
export of IT products.
amount of ₹1000 crore will be earmarked from
KIIFB land acquisition pool for acquiring land
to set up IT parks in Kollam, Kannur and other
crore is earmarked for ‘Work near Home’
corpus fund of ₹200 crore will be set apart
under KIIFB for the construction of Industrial
Four Science parks with total investment of
₹1000 crore will be set up. Each science park
will have an area of 10 lakh sq. ft. in two
₹4 crore is earmarked for conducting Global
Science Festival at Thiruvananthapuram under
the aegis of Science and Technology Department
Steps will be taken to produce value added
products such as ethanol and beverages with
low alcoholic content from fruits and various
agricultural produces. An amount of ₹2 crore
is set apart for the project meant for
production and other value-added products from
tapioca at Tuber Crops Research Institute,
Thiruvananthapuram, on a pilot basis.
crore is earmarked for the initial activities
of Value-Added Agricultural Mission.
100 crore is allocated from KIIFB for starting
10 Mini Food Parks having facilities to
produce and market Kerala’s own produces.
500 crore is set apart for providing subsidy
in rubber sector.
50 crore is set apart for increasing
production and consumption of rubber.
new scheme is announced for providing loans up
to ₹50 lakh on simplified terms to
self-employed agricultural groups for
purchasing agricultural implements and
machines and to provide them with a subsidy of
₹10 lakh or 25%, whichever is less.
Interest subsidy will be given to loans
availed by consumers for installing solar
panels in their houses in Kerala.
crore will be allocated for clearing the
Vamanapuram River and ₹20 crore for cleaning
activities of Ashtamudi and Vembanad lakes. ₹1
crore will be provided for the protection and
cleaning of Sasthamkotta lake.
amount of ₹10 crore will be earmarked for the
purchase of machineries for sand mining in
Suchithwa Sagaram Scheme for the removal of
plastic waste in water bodies will be extended
all over Kerala.
73.9 crore is earmarked for coconut
18.92 crore is set apart to expand the area
under fruit cultivation including indigenous
and exotic fruits.
amount of ₹100 crore is earmarked for the new
scheme to protect the coastal area from soil
erosion and climate change.
dams are selected for phase II of ‘Dam Safety
and Rehabilitation’ project.
crore is set apart for establishing an
Irrigation Museum at Idukki.
₹9.80 crore is earmarked for the scheme for
providing emergency veterinary services at
farmer’s door steps at night as well.
₹7.5 crore is set apart for Poultry
Development Corporation, which aims to attain
self-sufficiency in production as well as in
consumption of egg and meat in the State.
milk powder production center at Moorkkanadu
in Malappuram district with the help of RIDF
crore is set apart for infrastructure
development and human resource development of
amount of ₹25 crore is allocated for
formulating long term solution to the problems
in the areas of man-animal conflict. Out of
this, ₹7 crore is set apart for providing
compensation for those who are killed or
injured in wild life attacks.
jobs to two lakhs individuals through various
employment generation schemes is planned.
Employment to 8 lakh youths in the next 5
years through Kudumbasree by imparting them
with necessary job oriented skill training
with the co-operation of Local Self Government
under ‘Naipunya Keralam’ project.
Loan to the tune of ₹500 crore will be made
available to the members of these auxiliary
groups with a low rate of interest for earning
their livelihood, developing local economy and
Proposal undder NABARD-RIDF scheme for mega
projects costing ₹100 crore or more, which
have probability of commercial success and
income assurance instead of small scale
amount of ₹140 crore is allocated under second
phase of Kuttanad Package for flood control
and infrastructure development works of
33 crore is set apart for implementing
projects intended for mitigating the threats
of flood in Alappuzha and Kottayam districts.
crore is set apart for undertaking activities
related to Sabarimala Master Plan.
Solar pushcarts with battery and other
equipment for lighting and operational
facility of electrical gadgets, will be
provided to street vendors.
first ever 25 kilowatt capacity Hydro Kinetic
Turbine Project of Kerala will be installed in
Moolathara left bank canal under Chittoor
Viability Gap Fund will be launched for
strengthening the production of household
non-conventional green energy including solar
crore is earmarked for creating an Electronic
Hardware Technologies Hub.
Budget targets to create one lakh new
enterprises by the joint effort of various
departments and create around 3 to 5 lakh job
crore is provided for ‘One Family One
₹11.40 crore is earmarked for financial
assistance to upgrade micro units to small
units and small units to medium units.
crore is allocated for providing various
support to small scale food processing units.
crore is earmarked for private industrial
crore is provided for the revival of small
& medium scale cashew factories .
Price Stability Fund to ensure price stability
of coir fibre, yarn and coir products.
₹131.62 crore is earmarked for Kerala State IT
Mission for providing IT infrastructure to
undertake major e-governance initiatives of
crore is set apart to Kerala State Wide Area
increasing the reach of Government services to
the citizen, 2000 Wi-Fi hotspots across the
state will be established.
crore is earmarked for the Digital University.
Government has assigned 20 acres of land at
Techno City, Pallippuram, Thiruvananthapuram
to KSITIL for the creation of a Center of
Excellence in aero space and defence related
products and services.
41.51 crore is set apart for the
infrastructure development for the sustainable
movement of cargo and passenger transportation
in Azhikal, Beypore, Kollam, Vizhinjam &
10 crore each is earmarked for the development
of Vizhinjam Cargo Port and Thankasseri Port.
1000 crore earmarked for acquisition of
land for Thiruvananthapuram Outer Ring Road
which starts from NH 66 at Navaikulam near
Parippally and ending at Vizhinjam Bypass,
connects the main carriage way with all
leading radial and arterial roads of
Thiruvananthapuram city. This 78.880 km long
road estimated to cost ₹ 4500 crore, of which,
the State Government has committed to meet 50%
of the land acquisition cost.
200 crore is earmarked in KIIFB this year for
the land acquisition and construction of six
amount of ₹ 1500 crore will be allotted
through KIIFB for the development of
Thiruvananthapuram-Angamali MC road and
Assistance will be given to rollout 10000
e-auto in selected places of the state.
Strips in Idukki, Wayanad & Kasaragod and
Green field Airport Sabarimala are proposed.
Initiatives will be started for establishing
an airstrip network for the air travellers who
intend to fly from one domestic tourist spot
to another, by using 20-40 seater planes,
helicopters, and for drone based
amount of 5 crore is set apart for starting up
of caravan parks and to provide basic
Projects for construction of model houses in
sinking Munroe Island and special houses in
₹220.77 crore earmarked for scientific
services and research related to global
Mobile Ration Shops will be opened in major
centers of all legislative assembly
constituencies in the State.
crore is earmarked for making
differently-abled friendly infrastructure
facilities in the school premises.
crore is earmarked in the budget for the
study, research and follow up projects of the
Latin American Centre.
Malayalam film museum will be set up to
provide comprehensive information on the
growth and development of the Malayalam film
G.V.Raja Centre of Excellence in Sports will
be setup at Menamkulam, Thiruvanathapuram, and
an international sports complex will be setup
at high altitude training centre, Munnar.
Regional Cancer Centre, Thiruvananthapuram,
will be upgraded to State Cancer Centre.
Cochin Cancer Research Centre will be
developed as an Apex Cancer Centre in central
Data bank of Malayalee students studying
abroad will be prepared by NORKA Department
Comprehensive Development Package is proposed
one term financial assistance of ₹2 lakh each
will be provided to the families of Sickle
Cell Anemia patients.
16.50 crore is earmarked for Janani
Janmaraksha Scheme which envisages financial
assistance of ₹2000 per month for a period of
18 months to pregnant and lactating women.
crore is earmarked during current year for the
food security programme for women and children
in tribal areas.
- ₹ 5
crore is set apart for the rainbow project for
10 crore is earmarked for the formulation of
schemes meant for the welfare and protection
of senior citizens.
and Milk will be included in menu for
core has been set aside for organising various
programmes including seminars to ensure global
Seven Agri-Tech facilitation centres to be
established across Kerala at a cost of ₹175
of ferry boats in the State will be
solar-powered under a project to cut carbon
emissions and minimise the impact of global
warming and climate change. ₹15,000 subsidy
will be given for converting fossil fuel
powered autos to electric.
crore announced for the manufacture of
by-products from effluents at Travancore
Titanium Products factory in
crore is earmarked for the Comprehensive
Endosulfan Package out of this 80% will be
beneficial to women beneficiaries.
- The Basic Land Tax rates will be increased in a
calibrated manner for all the slabs. A new
slab will be introduced for 40.47 Ares and above
in Grama Panchayats, Municipalities and
Corporations. This will fetch additional
revenue of about 80 crores (annually).
- A one-time increase of 10 % will be effected in
Fair Values of land across all segments, resulting
in additional revenue of about 200 crores. To
address the issues of anomalies in the Fair value,
a high-level committee will be constituted.
- Compounding scheme for settling the
undervaluation cases in transfers of land will be
extended by another year.
- One-time motor vehicle tax on motor cycles
costing up to 2 lakhs is increased by 1%. This is
expected to bring in revenue of about 60 crores a
- The green tax imposed on the old vehicles (above
15 years) will be hiked by 50%. In addition, green
tax will also be levied on the following
categories of diesel vehicles except motor cycles:
3-wheeler vehicles, private motor vehicles, medium
motor vehicles, heavy motor vehicles and other
diesel vehicles. Additional revenue of about
10 crores is expected.
- The one-time settlement scheme to pay the
pending arrears on motor vehicle tax will be
continued this year also. It is expected it will
result in additional revenue of about 2 crores.
- As part of the Caravan Tourism Project, the
trimonthly tax rate stipulated in the KMVT Act
1976 will be amended and reduced conditionally
from ₹ 1000 per square meter to ₹500 per square
meter for the rented and contract caravans of
Tourism Department. This will be effective from
the date of contract.
- The comprehensive amnesty scheme, implemented in
2020, to settle pending arrears under the legacy
acts will be continued in 2022-23 also with
modifications. KGST arrears relating to 2021-22
financial year will also be included in the
- Provision will be introduced for refund of
excess money paid as flood cess (discontinued last
- The government will increase the ceiling on
government guarantees for loans availed by various
agencies from 5% of Gross State Domestic Product
(GSDP) to lowest of 10% of GSDP or 100% of the
total revenue receipts in the preceding year as on
first April of any year.
- The minimum support price for
paddy is enhanced to ₹ 28.20.
Expenditure announced: (-) Rs. 1081 cr.
resource mobilisation: Rs. 602
reliefs: (-) Rs. 2 cr.
Deficit at the end of the year: (-) Rs.