By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: Kochi Corporation Budget approved amid Opposition boycott
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » Kochi Corporation Budget approved amid Opposition boycott

India News

Kochi Corporation Budget approved amid Opposition boycott

India Times Now Desk
Last updated: February 27, 2026 7:32 pm
India Times Now Desk
Published: February 27, 2026
Share
SHARE


The Kochi Corporation’s Budget for 2026-27 was passed with amendments suggested during the discussion even as the Opposition Left Democratic Front (LDF) staged a boycott, alleging that the changes had reduced the surplus into a deficit.

Deputy mayor Deepak Joy had presented a ₹132-crore surplus Budget. Mayor V.K. Minimol said that proposals to address drinking water scarcity and to establish memorials for the late literary critic M.K. Sanoo and ghazal singer Umbayi had been incorporated.

However, LDF Parliamentary Party leader V.A. Sreejith said the Opposition chose to boycott rather than endorse the Budget as he felt that the amendments had rendered it deficit in violation of the Municipal Act.

For the Budget to be viable, the Corporation would need to collect property tax worth ₹78 crore in a single month, which, he termed, was “next to impossible.” He pointed out that while the Budget speech referred to projects such as the ₹200-crore renovation of the Pandarachira canal and two new waste treatment plants costing ₹40 crore, they were absent in the Budget estimates. Incorporating them, he argued, would push the Budget into deficit. “This is a ploy to win popular support by announcing projects without allocating funds for their implementation. There is no reason why we should back a deficit budget,” Mr. Sreejith said.

Ms. Minimol countered that the Pandarachira canal rejuvenation was foreign-funded and need not be accounted for in the Corporation’s estimates. It was common practice, she said, for Budgets to reference such projects. For instance, the previous LDF council had earmarked ₹75 crore for the Compressed Biogas plant at Brahmapuram, though it was funded by BPCL-Kochi Refineries.

Meanwhile, Corporation secretary P.S. Shibu, in a written response to the LDF’s petition alleging leakage of the Budget before its presentation, clarified that only the council agenda generated through the K-Smart module had been shared with councillors and the media. The Municipal Act, he noted, contained no provision mandating secrecy of the Budget estimate prepared by the finance standing committee, though precedent had followed that practice. While the Opposition claimed this vindicated its charge, the ruling council maintained that it only reaffirmed their position.

Published – February 28, 2026 01:02 am IST



Source link

Four arrested in retired IPS officer’s wife murder case after six-month hunt
Councillors to stage stir demanding steps to decongest Vyttila Junction
Meghalaya’s tourism to get a boost as Shillong airport will accommodate wide-bodied aircraft
Wayanad township row: ‘Not cracks, just shrinkage’, says Kerala Revenue Minister on govt-built houses
Japan PM arrives in Delhi; delighted to host you on your first visit to India, says Modi
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News

Rajasthan HC expunges its own remarks that Trans Amendment Act dilutes ‘constitutional guarantees’

India Times Now Desk
India Times Now Desk
April 3, 2026
Badshah’s Tateeree song row: Haryana Women Commission orders for arrest, calls to seize his passport
U.S., Iran ratchet up rhetoric with peace talks in limbo
Indian-origin couple gifts $20 million to American university for focus on AI, advanced analytics
Emraan Hashmi declares Awarapan 2 as his ‘best film yet’, says prequel didn’t find audience 2 decades ago
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?