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Wednesday, Jul 16, 2025
In other words, Balagopal was using fiscal numbers that existed in the 1980s to extrapolate a figure for 2024.
In the Kerala Budget presented yesterday, Finance Minister K N Balagopal announced that foreign and private universities will be welcomed to set up campuses in the state.
Government had sold the story of Centre fiscally strangulating the state so well that it was a budget with very low expectations despite being a pre election one.
Two of them – Civil Supplies Minister G R Anil and Animal Husbandry Minister J Chinchurani – have openly expressed their displeasure, even if not in strong and bitter terms.
Resource mobilisation efforts were modest. The common man may not have anything to complain.
Balagopal estimated a 12.6% growth in state’s own tax revenues in 2023-24. What he got was just a 7% increase.
A tiger park on 300 acres at Muthukad in Peruvannamuzhi and a full-fledged safari park at Nadukani in Taliparamba have been proposed.
Here's a list of items which grew costlier and cheaper respectively after this budget.
The budget expects a revenue of Rs 1,38,655 crore and expenditure of Rs 1,84,327 crore.
The LDF manifesto had committed to increase the support price to Rs 250.
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