Kerala Budget analysis | Was Finance Minister Balagopal too optimistic with the growth figures?
Ajish Jimmy George
 
Published on: June 05, 2021

Kerala Budget analysis | Was Finance Minister Balagopal too optimistic with the growth figures?

Ajish Jimmy George

Balagopal estimates tax revenues to grow by 58.6 percent. This could probably even be a printing error as in the last seven fiscals state's own tax revenue had never gone above 10 percent and never ever has annual growth in collections crossed 26 percent.