Triupunittura (TRTR): With the Kochi Metro rail extending to Tripunithura, the municipal budget 2014-15, presented by vice-chairperson Thilothama Suresh, focused on developing link roads and public places as part of the project on Thursday. A major portion of the annual income has been allotted for expanding non-conventional sectors which in turn would increase the revenue of the municipality.
“More funds have been allocated for infrastructure development. Apart from link roads, the earlier proposal to construct a shopping complex-cum-bus bay, next to the proposed new Metro rail terminal near Milma, needs to be revived,” the vice-chairperson said.
For maintaining and widening link roads, a total of Rs.16.07 crore has been earmarked in the budget. This includes a plan fund grant of Rs.5.25 crore and finance commission aid of Rs.2.4 crore.
For the wetland tourism project, planned with financial assistance of BPCL, a sum of Rs.2.9 crore has been allocated. And for the open air theatre-cum-park at the old RLV campus, a sum of Rs.4 crore has been earmarked for acquiring land from the palace administration board, the apex body of Kochi royal family.
Since the Metro rail will congest nearby areas such as Thiruvankulam and Irumbanam, the municipality has proposed the construction of Chithrapuzha-Mamala bund road (bypass) and an initial amount of Rs.25 lakh has been allocated for it. Municipal chairman R Venugopal presided over the budget session.