Keralam’s Kochi Corporation in a tight spot over Plan fund utilisation
Kerala's Kochi Corporation is facing difficulties using its allocated Plan funds. The state government allotted ₹23.67 crore, but the corporation has drawn only ₹7.89 crore. After tax and other deductions, the usable amount is about ₹80.70 lakh, leaving a shortfall and challenges for the body. The gap threatens infrastructure projects and may require the corporation to seek financing or approval for fund reallocation.