Indo-US trade deal signals danger for India, says Kerala Finance Minister K.N. Balagopal

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The commercialized woody with the U.S volition adversely interaction the Indian economy, Finance Minister K.N. Balagopal said connected Wednesday.

Replying to the wide treatment connected the State Budget 2026-27 successful the House, Mr. Balagopal said the commercialized woody signals danger, particularly for the nation’s workplace sector. He called for beardown protests against the agreement.

Mr. Balagopal alleged that directives issued by the U.S. are being implemented successful India. The concern is specified that the X relationship of (U.S. President Donald) Trump has to beryllium checked retired to cognize what is happening successful India, helium said, successful an evident notation to the allegation that the Narendra Modi authorities had kept Parliament successful the acheronian astir the commercialized deal.

Mr. Balagopal defended the 2026-27 State Budget, which helium had presented successful the Assembly connected january 29, saying that it was a cautiously thought 1 and contained feasible announcements.

On the United Democratic Front boycotting the procedures implicit the Sabarimala golden theft issue, Mr. Balagopal said the Opposition appeared disinterested successful discussing the Budget.

Industries Minister P. Rajeeve, speaking connected the occasion, demanded that the Opposition beryllium asked to tender an apology for disrupting the Budget league of the Assembly.

The Left Democratic Front authorities besides reiterated its basal that the Dedicated Rare Earth Corridor mooted by it was aimed astatine establishing related industries wrong the State. The connection was portion of the Union Budget wishlist of the LDF authorities and had besides featured successful the latest State Budget.

The Union Budget had announced the inclusion of Kerala among 4 States for the constitution of uncommon world corridors.

Published - February 04, 2026 08:52 p.m. IST

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