The Corporation of Cochin has lost the first instalment
of the plan fund for the financial year 2003-04 as it
has failed to spend 75 per cent of the fund allotted during
the year 2002-03.
the last financial year, the corporation was able to spend
only 49.45 per cent of the Kerala Development Fund allotted
by the state government. According to the government directive,
the projects, which were started before 31 March 2003,
could be implemented in the current financial year as
plan fund of the corporation for 2002-03 was Rs 19.82
crore, which included the opening balance of the previous
year, scheduled caste fund and general fund. Of this,
the corporation was able to spend juts Rs 9.8 crore.
say the first instalment for the last financial year was
also not received by the corporation for the same reasons.
However, the second instalment of Rs 5.28 crore was sanctioned.
The first instalment this year also would have been sanctioned
if the plan projects were executed on time.
mayor T J Vinod says several road development projects
in the last financial year were not started due to the
non-availability of bitumen. The government order not
to provide bitumen from the Public Works Department (PWD)
had led to the delay in starting the road works and thus
the denial of the first instalment of the plan fund to
corporation had invited tenders for the road works specifying
that the contractors have to purchase the bitumen on their
own. The tenders we re-accepted before 31 March 2003 by
the corporation but the works were not started.
response to the civic bodies'' demand to make bitumen available
by the PWD, the government had extended the date to purchase
it till 30 April 2003 from the PWD. However, the corporation
had accepted the tenders of the works, which included
bitumen purchase by the contractor.
the works within a short span was not practical and this
led to the contractors not being able to purchase bitumen
from the PWD. The PWD sells bitumen at much lesser a price
than private agencies.
leader N Venugopal says several projects prepared by the
corporation were scrapped without citing any reason. "The
corporation was not able to implement any projects in
the agriculture, animal husbandry, fishing and industry
sector; this resulted in the denial of fund by the government
says around Rs 10 crore of the previous year''s fund is
still left with the corporation without being able to
spend it for the development activities in the city. "The
corporation so far has not prepared the draft document
of the projects to be undertaken in this financial year."
the District Planning Committee (DPC) has not given the
sanction for the draft projects prepared by the corporation
to be implemented in 2003-04. The reason: They have failed
to mention the sectoral allocation of funds in the project.
Vinod says the corporation authorities will submit the
project details soon to the DPC and there will not be
any problem in executing the works for the current financial