Representative image | Photo: Mathrubhumi
Thiruvananthapuram: The Kerala Annual Budget 2022 is being presented by Finance Minister KN Balagopal. The minister has announced major proposals to rebuild a new Kerala. It is the first full budget and the second budget of the second Pinarayi Vijayan Ministry.
The tourism sector is looking at a major phase change with the presentation of the new budget.
25 eco-friendly tourist hubs will be introduced in the state within 5 years. Rs 10 crore will be allotted for the development of the Eco-Tourism sector. Special projects will be implemented in Kochi to promote more tourists. Rs 180 crore will be allotted for Kochi Water Metro. Rs 10 crore will be allotted for Kochi RO-RO services.
Rs 5 crore will be set aside for the cruise industry. Interest-free loans will be introduced in the tourism sector. Rs 12 crore will be allotted for the champions boat league. Rs 27.93 crore will be earmarked for State Water Transport Department.
A major project to clean water bodies in the state will be implemented. Rs 20 crore will be set aside for cleaning Ashtamudi Lake and Rs 4 crore for the protection of Sasthamcotta Lake.