The Kochi Corporation will get an annual allocation of Rs. 138.51 crore from the State government for 2017-18 fiscal.

Of
this, Rs. 49 crore will be allotted as general development fund and Rs.
81 crore as Special Component Plan fund. The award of the Finance
Commission will come to Rs. 49 crore.

Road projects

Road
protection fund projects will get Rs. 21 crore, while non-road projects
will be allocated Rs. 10 crore, said a communication issued by Deputy
Mayor T.J. Vinod.

A meeting of the corporation council, to be held
on Friday, will discuss the draft proposals to be implemented by the
civic body in the current financial year.

The projects that get the stamp of approval from the corporation council will be implemented in the city in 2017-18 fiscal.