'Public sector institutions will not be privatised'; will make KSRTC self-reliant, says Chief Minister

THIRUVANANTHAPURAM: Chief Minister V D Satheesan said that public sector institutions in the state will not be privatised. He made the statement while replying to the discussions on the state Budget.

Satheesan said the campaign claiming that the government plans to privatise mineral sand resources was false. “Where does the Budget mention anything like this? The Opposition is spreading baseless stories,” he said.

The Chief Minister said the government has no plans to shut down public sector institutions. “We are not closing down public sector institutions. We will make KSRTC self-reliant. The proposals mentioned in the Budget are suitable for the present times. Comprehensive changes are necessary,” he said.

He added that the government aims to increase revenue without putting an additional burden on the public. “We will fill the treasury without emptying the pockets of the people. We will not spend the taxpayers’ money without considering the hardships faced by ordinary people,” Satheesan said.

He also accused the previous LDF government of causing losses to KSEB. “The LDF is responsible for pushing KSEB into losses. We will make Supplyco profitable. Supply chain management will be introduced in Supplyco,” he said.

Satheesan said the government plans to strengthen the state’s economy by exploring new opportunities. “We will fill the treasury by boosting economic growth. We are examining Kerala’s possibilities according to the changing world. The Budget has been prepared after studying the state’s potential,” he said.

The Chief Minister also highlighted the role of expatriates in Kerala’s development. “The government wants the participation of expatriates. Ordinary expatriates will be made partners in Kerala’s development. Many people struggle after returning from their overseas life. Our aim is to make their future secure,” he added.