Kochi Corporation Presents 2026-27 Budget Featuring Green Bond Amid Opposition Protests
4 hours agoPolitics
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3 SourcesKochi, India
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Kochi Corporation Presents 2026-27 Budget Featuring Green Bond Amid Opposition Protests

The Kochi Corporation presented its 2026-27 Budget, proposing a 132.96-crore surplus with revenues of 1,388.13 crore and expenditures of 1,255.16 crore. A key feature is the issuance of a Green Bond to fund green-blue-grey infrastructure projects focused on climate resilience and biodiversity, including canal modernization and expansion of green spaces. The Budget faced opposition protests over alleged leaks of figures before presentation, but officials maintained the process complied with legal provisions. A monitoring mechanism for project implementation was also proposed.

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