Kerala has submitted schemes worth Rs 40,422 crore to the Planning Commission for clearance for the 11th Five Year Plan. The Chief Minister, Mr V.S. Achuthanandan, said that the Government hoped to get grants to the tune of Rs 3,175.65 crore and loans of Rs 7,529.87 crore from the Centre for the implementation of the Plan. The Plan allocation for foreign-aided projects is Rs 4,861 crore.
The Chief Minister said that the loopholes in the draft Coastal Management Zone (CMZ) notification issued by the Centre had to be plugged to prevent the exploitation of coastal area resources. The draft notification contains enough loopholes that will assist investors in the tourism and construction sectors exploit the coastal areas and the resources.
The Chief Minister said that the loopholes in the draft Coastal Management Zone (CMZ) notification issued by the Centre had to be plugged to prevent the exploitation of coastal area resources. The draft notification contains enough loopholes that will assist investors in the tourism and construction sectors exploit the coastal areas and the resources.
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