May 27, 2024

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Treasury stability can meet vaccine expense: Kerala Finance Minister Thomas Isaac

1 min read

By Express News Service
THIRUVANANTHAPURAM: Finance Minister Thomas Isaac has stated the state had a treasury stability of Rs 3,000 crore which might assist the federal government to fulfill the expense at no cost vaccination. He was responding to criticisms towards the federal government’s crowdfunding at no cost vaccination.

“The Opposition Leader is wondering why there would be a vaccine challenge to implement a Budget announcement. The media too are asking whether the government does not have money to buy vaccines. Let me tell you straight. The treasury’s present cash balance is Rs 3,000 crore. The government has sufficient money to buy the required number of vaccines,” he stated.

“Trollers are asking whether the Budget announcement on free vaccination was made without an allocation. This is due to their lack of knowledge on the budgeting procedure. The assembly has accepted the budget proposal for free vaccination. Now, a head of account needs to be created for that. Afterwards the approval of the house will be sought through an additional demand for grants,” he stated.

In that case, Isaac stated the state must drop any of the gadgets within the funds. The state will witness a drop in income throughout the pandemic time. Commoners who realised this voluntarily got here up for the vaccine problem, he stated. 

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