labels: entertainment, investments
Kerala to invite tenders from private parties for online lotterynews
Jays Jacob
26 June 2003

Thiruvananthapuram: Kerala proposes to introduce online lottery with private participation soon. Finance Minister K Sankaranarayanan told the state assembly that the government will soon invite tenders from the private parties in this regard.

Replying to a question, he said a revenue of Rs 100 crore is expected through the private online lottery. To a supplementary, he said the government might ban two-digit and instant lottery in the state.

Replying to another set of questions, Sankaranarayanan said the state government will seek an additional grant from the 12th Finance Commission during its visit to the state on 15 July.

Pointing out that the state's plan outlay for 2003-04 was Rs 4,400 crore, he said an additional grant will be sought by citing the reduction in revenue deficit during the last financial year. He asserted that the government has no proposal to effect cut in the salary and pension of employees.

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Kerala to invite tenders from private parties for online lottery