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Friday, Jul 18, 2025
Diesel prices are higher in Andhra Pradesh and Telengana, but the two-rupee cess will make Kerala's diesel rate of 98.52 a litre, the highest in the country.
Here are the details of the key announcements made by the finance minister for this crucial sector.
Not even in the pre-GST era had anyone thought of amassing as much additional money from the public. But KN Balagopal has.
Though a hike in taxes and fees was expected in the Kerala Budget FY 23-24, a cess of Rs.2 on petrol and diesel was a shocker.
Leader of Opposition V D Satheesan said the government was looting the people with the proposed cess on petrol, diesel and liquor.
An amount of Rs 20 crore has been provided for upgradation and capacity development of G V Raja Sports School, Thiruvananthapuram, and Sports Division, Kannur.
The Finance Minister is expecting a Rs 340 cr increase through the hike.
Finance Minister K N Balagopal made this announcement while presenting in the Budget in the Legislative Assembly on Friday.
Rs 1,000 crore will be allocated additionally during the project period and Rs 100 crore will be allocated for the project during the current fiscal.
Rubber occupies a significant percentage of the gross cropped area (21.8%)
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