Budget allocates Rs 2000 crore from KIIFB for land acquisition for SilverLine

Representational Image: Mathrubhumi

Thiruvananthapuram: Finance Minister KN Balagopal announced that Rs 2,000 crore will be allocated in the budget for the initial procedures of land acquisition as part of the SilverLine project.

The expenses of the SilverLine project for the financial year 2022-23 will be rolled out from the share of the Major Infrastructure Development Project.

The allotted amount for the preliminary land acquisition will be granted from KIIFB. The minister added that the necessary decisions to ensure funds from KIIFB were already taken.

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