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Public
sector enterprises are another area of concern for the government. The
Budget has allocated a plumb 300 crores for the development of Public
sector enterprises.
The government is feeling bit more confident here compared to the other
sectors because the number of profit making enterprises has increased from
12 to 22 which the LDF government believes is due to the decisions they have
taken.
Some major developments such as TELK of ‘Angamally’ signing an agreement
with a national thermal power corporation, the project to convert the
Autocast into an Railway aided undertaking, the Titanium sponge project at
K.M.M.L and the HITECH getting into an agreement with the defense ministry
are expected to rewrite the history of the Kerala public sector enterprises.
Another major project in the Budget for the Public sector enterprises is
project to bring down the loss of the KSRTC by redesigning and increasing
the efficiency of the department. But KSRTC was always a problem for all
governments; now we will have to wait to see what the new projects will turn
out in the end.Next :
Reviewing other budget recommendations |
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