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Funding model combines Central and State equity support with external development assistance, officials in constant coordination with the Union ministries to secure remaining approvals
โน19-crore proposal backed by Fisheries department, but no field-level study or funding approval yet; boat owners forced to depend on private yards at Beypore and Kochi for repairs; limited time to complete repairs and obtain fitness clearance before fishing resumes
SBI Caps, entrusted with identifying a financial institution willing to lend around โน13,500 crore for the takeover, has reportedly been unable to finalise a deal despite approaching several agencies. Top officials familiar with the matter say no lender has so far shown willingness to provide the loan at low interest rates sought by the government
Indiaโs non-governmental organisations must navigate shifting foreign and domestic funding sources
Assembly adopts a resolution moved by Deputy CM Bhatti Vikramarka urging Centre to increase FRBM borrowing limit to 3.5% of GSDP - from 3%
Chief Minister Chandrababu Naidu has directed the officials to take steps to implement the proposal, estimated to cost about โน230 crore, he says
The growing tourism prospects of Chakkittappara village prompted the previous State government to consider establishing a tiger safari park in the area. The decision to establish the park was taken on September 27, 2023, despite protests from a section of farmers and human rights activists.