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Former minister Balagopal demands an apology from Kerala's CM and UDF, claiming their white paper misrepresented the state's finances, citing strong revenue growth as proof of LDF policies.
Opposition claims about a shelved Bacardi tax proposal contradict former minister's statement that it remained under consideration, highlighting internal inconsistencies.
The LDF boycotted Assembly proceedings due to the Finance Bill's passage without Subject Committee referral, citing procedural impropriety and executive overreach regarding liquor tax rates.
Junking certain LDF promises can also free budgetary funds.
Former Finance Minister T M Thomas Isaac alleged that Kerala's 'white paper' was generated using AI, potentially with leaked secret data, leading to factual errors regarding development expenditure and SC/ST allocations.
Kerala's Chief Minister alleges the previous LDF government presented a budget with a missing ₹20,000 crore by making 'wild guesses' about Finance Commission allocations, a claim former Finance Minister denies, stating it was a strategic fiscal decision.
Kerala's treasury isn't empty, as revenue collection improved. However, poor capital expenditure, especially in social and economic sectors, signifies spending without growth, like a building without facilities.
Former minister K N Balagopal criticised the new government's ₹3000 ASHA worker honorarium hike, deeming it a 'mountain giving birth to a mole', despite earlier promises.
Balagopal highlighted that despite Union government restrictions, the State treasury remained operational, with all salaries, pensions, and welfare payments made without interruption.
The constituency has LDF's Finance Minister KN Balagopal, UDF's Aisha Potty and BJP's R Resmi as candidates.
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