ENA State 2019-01-31 12:11:07 <p><strong>Thiruvanthapuram, Jan 31 (KNN)</strong> Kerala Finance Minister Thomas Isaac presented the state budget for the year 2019-2020.</p> <p>The Finance Minister pointed that the state economy was on a growth path.</p> <p>Highlights of the budget are:</p> <ul> <li> Special assistance for traders in the budget </li> <li> Rs 170 crore for handloom industry </li> <li> Khadi sector gets Rs 14 crore </li> <li> Handicrafts development gets Rs 3.5 crore</li> <li> Rs 84 crore for IT parks </li> <li> IT sector gets Rs 574 crore</li> <li> Incubation and acceleration support helped grow start-up ecosystem in Kerala </li> <li> Kerala Bank when formed will be the largest banking network in the state. Most modern banking services will be ensured through Kerala Bank </li> <li> Geo-textiles will be promoted under Rebuild Kerala </li> <li> State to promote electric vehicles. Electric vehicles by 2020 targets 10 lakh vehicles</li> <li> Rs 500 crore for rubber support price </li> <li> 1.16 lakh sq ft of IT space will be created </li> <li> Rs 141 crore sanctioned for industrial parks </li> </ul> 21935 https://knnindia.co.in/news/newsdetails/state/kerala-budget-2019 2019-01-31 12:11:07 knnindia.co.in