The Congress-led UDF authorities connected Tuesday (May 19, 2026) announced the enactment of a peculiar committee to hole a White Paper connected Kerala's fiscal position, pursuing the archetypal UDF Cabinet meeting chaired by Chief Minister V.D. Satheesan.
The determination was taken astatine a high-level gathering of elder Finance Department officials chaired by the Chief Minister.

According to a CMO statement, the committee volition beryllium headed by erstwhile Cabinet Secretary K.M. Chandrasekhar. Additional Chief Secretary (Finance) K.R. Jyothilal has been appointed arsenic the convener.
The sheet volition besides see economist Narayana and Centre for Development Studies (CDS) manager C. Veeramani arsenic members, the connection said.
The White Paper is expected to supply a clearer representation of the State's fiscal wellness and assistance usher aboriginal argumentation decisions, the connection added.
The UDF has been alleging that the State's finances were successful occupation owed to mismanagement nether the Left rule, an allegation that was powerfully rejected by past Finance Minister K.N. Balagopal.

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