The corporation has so far received only ₹7.89 crore of the ₹23.67 crore plan‑fund allocation announced by the Kerala state government, and after statutory deductions of ₹1.42 crore for anganwadi workers’ wages and ₹5.65 crore earmarked for a loan to purchase land at Brahmapuram, the net amount available for projects stands at just ₹80.70 lakh.
Opposition leader V.A. Sreejith of the Left Democratic Front (LDF) contended that the current allocation represents a drastic cut from the ₹133 crore the corporation received under the previous LDF administration, leaving critical programmes such as the LIFE Mission and scholarships for more than 50 differently‑abled applicants unfunded.
He added that ongoing tendered works are being financed from the corporation’s own reserves, while project approvals have been secured from the District Planning Committee on a loan basis, and that most spill‑over works from the previous fiscal year are now in progress.
Mayor V.K. Minimol rebutted the opposition’s criticism, arguing that the corporation actually has greater overall resources because it is slated to receive roughly ₹83 crore each from tied and untied Central Finance Commission grants, in addition to the state’s ₹23.67 crore allocation.
Corporation officials confirmed that, besides a portion of the state allocation, an ₹8 crore grant under the Scheduled Tribe Component has already been received, but the central government’s tied and untied grants have not yet been released, creating uncertainty over cash flow for contractors and pending projects.