Thomas Isaac: Rs 30,000 crore required to rebuild Kerala

Sep 04, 2018, 09:44 IST | Agencies

The capital expenditure would go into rebuilding roads, bridges, buildings, while the revenue expenditure would meet the compensation towards crops besides damage caused to homes and Rs 10,000 to every family who were devastated

Thomas Isaac: Rs 30,000 crore required to rebuild Kerala
Men carry food and water to be distributed among those stranded in Pandanad. File Pic/AFP

Kerala needs Rs 30,000 crore to rebuild, Finance Minister Thomas Isaac said on Monday. "We require Rs 20,000 crore for capital expenditure and Rs 10,000 crore for revenue expenditure," Isaac said, adding it would be raised through various means.

The capital expenditure would go into rebuilding roads, bridges, buildings, while the revenue expenditure would meet the compensation towards crops besides damage caused to homes and Rs 10,000 to every family who were devastated. "Rs 6,000 crore is expected in cash to come through public contributions, besides another Rs 4,000 crore will be in kind through centrally sponsored schemes," Isaac said.

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