Kerala’s budget allocation for certain key sectors, except health, is less than the average expenditure by 30 states, says a study by PRS Legislative Research, a New Delhi-based think tank.
Coastal communities hope C5,300-cr package will help; C100-cr venture capital fund expected to encourage startups
KN Balagopal focuses on Kerala’s health in maiden budget, Covid-hit economy has to wait. Rs 20,000-crore Covid package, Rs 1,500 crore for free vaccination, hospital upgrade find place.
Balagopal said the Left played a major role in keeping political horse-trading at check in Kerala.
Min says arrears for contractors & aid for those who are not part of welfare schemes are included in new plan; Oppn calls it misleading
On the presentation front, the maiden budget of Finance Minister K N Balagopal stood apart from that of his predecessor, T M Thomas Isaac.
Key proposal is setting up of a high-powered commission to examine education system
Presenting the state budget, Finance Minister K N Balagopal said 2 lakh laptops will be provided to needy children in a timebound manner for attending online classes.
This will be in addition to the existing entrepreneurship development programmes.
Despite the grim fiscal scenario owing to Covid pandemic, the government has earmarked funds in the budget to perpetuate the memories of the late political and religious leaders.
Kerala had landed in a financial crisis much before the outbreak of Covid. In the last 15 months, the crisis deepened as the pandemic gripped the state.
Besides, the circuit will cover aspects related to the lives of important figures and places in and around Thrithala constituency, like V T Bhattathirippad and Akkitham, and Parayipetta Panthirukulam.
As per the guidelines, though all women aged above 18 are eligible, membership to the groups is limited to a ‘one family, one member’ rule.
The maiden budget of the second LDF government presented by Finance Minister K N Balagopal comes in the middle of the second wave of Covid-19.