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Project Outlay: 9138 crore provided to Local Bodies

Thiruvananthapuram
The Authorities has disbursed `9138 crore inside 10 months as funds outlay to the Native Our bodies. 5237 crore was transferred to the Improvement Fund, 1783 crore to the General Important Fund and 2118 crore to the Asset Administration Fund. The full funds allocation for native growth actions is `6903 crore. 1950 crore as public utility fund. A great proportion of this was acquired by the native our bodies. Authorities help is offered in case the bills together with salaries and workplace working can’t be met from the personal funds. An quantity of `2944 crore has been earmarked within the Finances for the Asset Administration Fund (Upkeep Fund) for the safety of public property below the purview of the Native Governments. Of those, two installments had been paid.

100 crore to alter the invoice
Finance Minister KN Balagopal stated a further Rs 100 crore has been sanctioned to alter the payments of native authorities contractors. The quantity of 500 payments until December has been made accessible. Earlier, Rs 300 crore was sanctioned. All payments as much as August had been postponed that day.


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