Kerala: FM allocates Rs 2000 Cr to acquire land for proposed semi-high speed rail project “Silver Line”

Kerala Finance Minister K.N. Balagopal has allocated 2000 crore rupees to acquire land for the State’s proposed semi-high speed rail project “Silver Line”.

Presenting the State budget for the fiscal 2022-23 in the State Assembly today, the Finance Minister expressed hope that the Centre would give green signal for the State’s ambitious and  ‘eco-friendly’ rail project that connects Thiruvananthapuram with Kasaragod.

The budget that gives major thrust on agriculture, health care, higher education, information technology, housing and infrastructure development, also sets aside  2000 crores to regulate Covid-19 induced price rise.