5 months ago
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Kerala Finance Minister K.N. Balagopal volition contiguous the 2026-27 State Budget today (Thursday, January 29, 2026) successful the Legislative Assembly.
The Budget, the last 1 of the existent CPI(M)-led Left Democratic Front (LDF) government, is being keenly watched for astonishment announcements with Kerala expecting Assembly polls successful a fewer months’ time.
In a astonishing move, the Pinarayi Vijayan authorities had made 2 big-ticket announcements connected the eve of the Budget. The State Cabinet, which met connected Wednesday, had fixed in-principle support for a 583-km Regional Rapid Transit System (RRTS) project from Thiruvananthapuram to Kasaragod, and for taking implicit the indebtedness liabilities of the families deed by the July 30, 2024, landslides successful Wayanad district. The announcement regarding the RRTS has travel conscionable days aft erstwhile Konkan Railway president E. Sreedharan sparked a heated statement by declaring that a high-speed obstruction enactment that would service arsenic an alternate to the Kerala government’s SilverLine (K-Rail) task was nether the progressive information of the Union government.
It is to beryllium seen however the Budget volition code immoderate large pending issues including the LDF manifesto committedness of hiking the societal information pensions ₹2,500, an assured pension strategy for authorities employees, and the wage revision request by authorities employees. While payment and improvement measures are expected, nary large taxation proposals are apt to beryllium included.
Ahead of his sixth Budget presentation, Mr. Balagopal had stated that Kerala tin expect a “realistic and practical” Budget which would bespeak the LDF’s condemnation that it would proceed successful powerfulness successful the State.
In October 2025, Mr. Vijayan had made a slew of announcements which included hiking the societal information and payment money committee pensions from ₹1600 to ₹2000 and unveiling the ‘Connect to Work Scholarship’ and the Sthree Suraksha Pension.
The Economic Review 2025 tabled successful the State Legislative Assembly connected Wednesday had noted that Kerala had posted beardown maturation successful 2024-25 with the Gross State Domestic Product (GSDP) clocking 6.19% maturation successful existent terms. At the aforesaid time, it had besides underlined the request for “resilient, innovative and forward-looking fiscal strategies” to tackle prevailing fiscal challenges.
The Kerala Budget is besides being tabled up of the Union Budget and the announcements regarding the recommendations of the 16th Finance Commission.
