Tag Archives: Kerala Business News

Revised Kerala Budget 2011-12 by K.M. Mani

Revised Kerala Budget 2011-12 by Finance Minister, K. M. Mani

Budget Presentation by Mani Sir

K M Mani

Kerala Finance Minister K. M. Mani presented the Revised Kerala Budget for 2011-12
Rs: 500 cr for making one lakh new jobs

Rs: 5 cr for starting  Kodimatha Mobility Hub at Kottayam Dist.

4 new medical colleges at Kasargod, Idukki, Pthanamthitta, Idukki districts

Rs 300 as pension for small scale farmers

Rs 30 cr for capital city development

Housing schemes for fishermen

Rs 325 cr for public works

lottery draws on every day of the week

25 lakh for Pilgrim tourism at Bharananganam

Rs 5 cr for first phase of hill-highway

Rs 25 cr for Kochi Metro project.

More low floor bus services at Trivandrum

Global positioning system for KSRTC

Traffic technology improvement with the help of keltron

Women and Children hospitals in all districts.

New sports complex @palai.

Rs 100 cr financial assistance to KSRTC.

Vizhinjam port project-180 cr.

1 cr for Padmanabhaswamy Temple.

Sport complex project for Poonjar.

Development of sports stadiums-120 Cr.

Kerala’s internal debt Rs 88,887 crores in 2010-11, Kerala in debt trap.

Ernakulam-Sabarimala State Highway -2 Cr.

More fund To strengthen ‘Kudumbasree’ networks.

Sez for luxuary cars, foreign liquor.

Priority for road development.

Rs 5 cr for Sabarimala, zero-waste project

Legal aid cell for NRI’s.

Free entrance coaching for SC students.

IT parks at small towns.

Volleyball academy at Idukki.

Technical training institute at Chavara, kollam.

13 more essential commodities Through public distribution system.

5000 more job opportunities at khadi sector.

2 cr for Mala spinning mill.

44 cr for Kottayam, Alapuzha, Trissur Medical colleges.

Education loans through K.S.F.E.

10 cr for ring roads.

30 cr allotted for establishing Kannur  Airport.

Emerging Kerala – New Investment meet will be conducted in the name of Emerging Kerala like the previous UDF Govt’s Global Investment Meet.

Vallarpadam Container Terminal will be complete by April 2010

The International transshipment terminal at vallarpadam will be launched commercially in the coming April. This was officially announced by the Dubai Port World who is conducting the construction of International terminal here. The construction works will be completed by the coming March. This was announced by DP world officials in a meeting with the port trust authorities. A meeting will be conducted on December 28 for evaluating the progress in construction. The meeting is scheduled because of the Global financial crisis and the new money lending schemes by the Dubai world.

The port has an investment of about 1600 crores.It is important to complete the project in the proposed time because of the huge sum involved. The port trust is anxious because the dredging process by DP world is showing less progress. This reduced the construction speed of the ship channel dredging conducted by the port trust. The DP world officials promised that the construction work will be completed by this March 31st. The DP world is planning to implement more efficient machineries for boosting up the speed of dredging in vallarpadam. The double lane road as well as the railway to valarpadam will get completed by March 31st. The ship channel costruction will also be completed by this date.

In order to set up the cranes in the vallarpadom terminal region the dredging process by the DP world need to get completed. The DP world official said that the financial crisis in Dubai region will not affect the vallarpadom terminal. The officials also said that the cranes also will be set within March 31st.

Vallarpadam Export Complex – Multi Nationals are Interested

Vallarpadam Export Complex-Multi Nationals are Interested

The Cochin port trust has decided to establish an export complex in the proposed container terminal area of vallarpadam. This decision has attracted big business groups all over the world. The date for the submission of proposals is now extended. The last date for proposal submission will be January 5th 2010. The representatives of various business groups participated in the meeting requested to extend this date. Cochin port authorities extended the date for proposal, considering the special nature of the project.

The industrial complex is planned to set up in the port trust owned 230 hectors. The International container Terminal, LNG Terminal and the status of special economic zone makes this area more attractive. The port trust is planning to construct about 40 lakh square feet buildings in total.

This is an area that can boost business a lot. LNG terminal favors the establishment of food industries in the region. The region is also good enough for the imports as well as exports from outside countries. The status of special economic zone is an advantage for the import of heavy machineries.

The port trust is planning to provide the land either as a whole or as 4 separate plots. This welcomes textiles, seafood as well as electronics industries to the region. The laboratories for quality check and control will also be constructed in the same complex.  This will be a great advantage to the industries here. The new proposal can result in a new industrial revolution in Kerala.

BSNL Mobile Add service

  BSNL Mobile Advertisement service

BSNL introduces India’s first Mobile Advertisement service. BSNL brings information and advertisement of various products & services of your choice to your mobile. By logging on to BSNL Advertisement service mobile you can have profits in the form of extra talk time too. BSNL gives the BSNL ad service customers/subscribers some FREE TALK TIME for registration and receiving Ads.

Though the new scheme of BSNL add services is launched only in Maharashtra, Gujarat, Madhya Pradesh and Chatisgarh, the BSNL Advertisement service launch will happen all over India soon.

You can register the Mobile advertisement Services BSNL either by calling on to the toll free number 51235 or by logging onto the official site from your mobile phone. You have the choice to choose from the types of products/ads you want to receive in your mobile phone from BSNL. For registering you must only have GPRS supporting phone.

The steps of BSNL advertisement service will ask you to provide personal details like Gender, Age Range, Marital Status Employment Status etc. You can select from areas of interest of the ad service BSNL India. You may also select any or even all the services of India BSNL service of advertisement. And of course, the terms and conditions of BSNL advertisement service should be followed. This is a tremendous change in Indian telecom service. BSNL 2009 – 2010 is going to hit the Indian telecom business.

Vallarpadam Container Terminal

Vallarpadam Terminal
International Container Transshipment Terminal of Vallarpadam makes the great commercial city Cochin, Kerala, India world famous today. Vallarpadam is one of the islands of Cochin in the lake Vembanadu. The Vallarpadam Terminal is under construction now and will be commissioned soon in 2010 March. Vallarpadam International Container Transshipment Terminal is India’s first global hub terminal worth Rs. 2,118 crore (US$442 million). It will soon change the development map of Kerala, India.
The main feature of it is that it will help to stay away from transshipment of Indian containers through the bordering foreign ports like Colombo, Singapore and Salalah. India will become self dependent in transshipment.
The Vallarpadam island had all the requirements and qualifications of a ship terminal. It has a well developed connection to the National Highways and railways. When commissioned Vallarpadam is will be a gift to India as it is one of the best hub ports in the world.
The major openings along with the establishment of Vallarpadam terminal are the Rs 1,600-crore LNG terminal, Petro chemical complex for Gas Authority of India (Rs 7,000-crore), International Ship Repair complex (Rs 315-crore),  the port-based Special Economic Zone (Rs 1,510-crore), SBM (single buoy moorings) for Kochi Refineries Ltd (Rs 720-crore), International bunkering terminal, International Marina, Bulk cargo terminals, Cruise ship terminals, etc. Mind you that these are only the major business going to take place in Vallarpadam in near future.
The face of Cochin will be altered soon. Numerable job placements will be created soon. Many can find new businesses on their own here in and near Vallarpadam. The life style of the people are going to change in near future.
The Indian National Highways are going to make new face of roads in Vallarpadam. A two lane National Highway fully equipped will come in Cochin before the commission of the Vallarpadam terminal. The Indian railway will connect itself to the terminal in a month. Though the main aim of the railway is for the goods train, there will also be some passenger trains as well since there will be so many people to travel to and fro Vallarpadam terminal daily.
Many of investors with crores of money are investing money in various field in and around Vallarpadam and Cochin. The trade of Cochin, Kottayam, Alappey, Trivandrum, Kollam, etc. will have a new life and development.
The commissioning of the terminal will give us only advantages finance and no disadvantage at all. First of all it ensures more job opportunities.

BSNL INTERNET PROTOCOL TELEVISION (IPTV) in KERALA

BSNL INTERNET PROTOCOL TELEVISION (IPTV)  LAUNCHED IN  KERALA

As always bsnl repeats the history of providing the customers something new. The latest product from bsnl is the service IPTV. The IPTV from bsnl helps us reduce the monthly expense as it gives us the TV channels online. If you have a bsnl IPTV with you, you don’t have to pay for the cable TV connection. It is a digital television program online. The clarity of the television programs you watch will be of high digital quality. The only requirement you will have to have is the broadband connection. And of course you will have to pay a minimum about for the subscription every month as well which is very cheap and it varies different plans.

The IPTV from bsnl offers you not just television channels alone. Rather, it has more options like the Google root map, online telephone chat, video on demand, interactive sports, radio, music, online games, electronic magazine, e-learning, program guide, stock market news, railway and airline reports, and educational help for children, etc.  Many have already subscribed to the bsnl IPTV now. You also have the opportunity to watch your favourite movies in the IPTV. Another advantage of it is that you can even foresee the interruptions on your way before starting from home. So that you can select which way to go without any traffic jam.

Tarrifs of BSNL INTERNET PROTOCOL TELEVISION (IPTV) IS ALSO published

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