Kerala Cabinet Approves Rs 810 Crore Land Acquisition for Vizhinjam International Seaport Development
230 Acres to Be Acquired for Port-Led Industrial Activities
The Kerala government has approved the acquisition of 230 acres of land at an estimated cost of around Rs 810 crore to support development activities linked to the Vizhinjam International Seaport.The decision was taken during a cabinet meeting chaired by Chief Minister Pinarayi Vijayan on Friday, according to an official statement from the Chief Minister’s Office.
The land acquisition will cover areas in Kottukal, Maranallur, and Amaravila, and will be carried out under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (LARR Act).
Funding Structure for the Land Acquisition
The state cabinet has approved the use of Rs 283.68 crore from the Plan Scheme Treasury Saving Bank (PSTSB) account of Vizhinjam International Seaport Ltd (VISL) for the land acquisition process.The remaining amount required for the acquisition will be sourced from an already approved NABARD loan, as per the cabinet decision.
VISL Allowed to Carry Out Port-Led Industrialisation Activities
The cabinet has also authorised Vizhinjam International Seaport Ltd (VISL) to undertake port-led industrialisation activities on the 230 acres of land that will be acquired for the project.This move is aimed at facilitating development linked to the seaport and supporting related industrial activities in the region.
Kerala Government to Frame Policy for Safety and Rehabilitation of Street Children
In another decision, the Kerala cabinet approved steps to formulate a policy focused on the safety and rehabilitation of street children across the state.The initiative follows a 2022 Supreme Court order concerning the protection of street children.
According to the statement, the cabinet approved a comprehensive framework covering several measures, including the issuance of identity documents and other provisions aimed at ensuring the safety, protection, and health of street children.
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