Live tracking of the Kerala State Budget 2026 presentation. Stay tuned for live commentary, analysis, welfare schemes, and breaking news
from the assembly
New State Fodder Farm to be Established at Nettukaltheri
Schools to Get ‘Poultry Clubs’; ₹102.88 Crore Allocated for Dairy Development
New Procurement Centers to be Established for Coconut Farmers
Support Price of Natural Rubber Increased to ₹250/kg
₹600 Crore Allocated for ‘Priyadarshini’ Free Travel Scheme for Women
Mega Push for Next-Gen Tech: ₹50 Cr for Generative AI, ₹10 Cr for Malayalam AI Initiative
Light Metro Projects to be Implemented in Thiruvananthapuram and Kozhikode
Global Furniture Hub: A specialized Global Furniture Hub will be developed connecting Kochi, Aluva, and Perumbavoor.
Gold & Jewellery Hub: To transform Kerala into a premier national and global hub for gold trading and craftsmanship, a dedicated Kochi-Thrissur Jewellery Corridor will be established with an initial allocation of ₹10 crore.
‘Kerala School of Planning, Architecture, and Design’ to be Set Up Under PPP Model
Mega Welfare Push: ₹25 Lakh ‘Oommen Chandy Insurance Scheme’ Unveiled; Culinary Institute to be Set Up
- Oommen Chandy Insurance Scheme: Named after the former Chief Minister, this landmark health insurance scheme will provide a cover of ₹25 lakh to every family in the state. An initial token allocation of ₹10 crore has been made for its preliminary phase.
- Kerala Culinary Institute: A dedicated, state-of-the-art Kerala Culinary Institute (കേരള പാചകകല ഇൻസ്റ്റിറ്റ്യൂട്ട്) will be established to promote and standardize traditional and global culinary arts.
C Daniel Film City to Come Up in Kochi; Memorial Parks for MT and Johnson Master Announced
Chief Minister VD Satheesan unveiled a massive infrastructure package for art and culture. Kochi will get the JC Daniel International Film City, which will double as the permanent venue for the state’s International Film Festival. Furthermore, the budget proposes a dedicated MT Vasudevan Nair Cultural Park in Kozhikode and a Johnson Master Music Academy in Thrissur to preserve and celebrate the state’s artistic legacy.
Fishermen Accident Insurance to be Revised; ₹100 Cr for Kerala Urban Growth Mission
₹50 Crore Allocated for Modern Football Stadium in Malabar to Nurture Talent
Chief Minister VD Satheesan announced a financial allocation of ₹50 crore to construct a state-of-the-art stadium in the Malabar region. Equipped with modern facilities, the stadium will serve as a primary hub to scout, train, and promote rising football talent across Kerala.
Caregiver Certificate Courses to be Launched in Major Hospitals
Massive ‘Land Reforms 2.0’ Unveiled; Comprehensive Land Bank to be Formed
In a historic legislative push, Chief Minister VD Satheesan announced “Land Reforms 2.0,” an initiative aimed at bringing timely and modern amendments to existing land laws. The government will also formulate a Comprehensive Land Management Policy and establish a state Land Bank to optimize land utilization for industrial and public infrastructure.
₹10 Crore Allocated for Senior Citizens’ Welfare Department
New Research Park Announced to Link Top Industries and Research Institutes
Huge Outlays for Education and Infrastructure: ₹50 Cr for Wayanad Tribal Varsity, ₹200 Cr for Aviation Hub
₹100 Crore Earmarked for ‘Kerala Knowledge Valley’; Foreign Universities to be Invited
In a major policy shift, Chief Minister VD Satheesan announced the ‘Kerala Knowledge Valley’ project with an initial allocation of ₹100 crore. Aimed at transforming the state into a higher education hub, the government will introduce special legislation and amend the Private University Bill to attract top-ranking foreign universities, ensuring world-class education and opportunities for local students.
₹5 Crore Allocated to Promote Private Space Tech Startups
10,000 New MSMEs Targeted; ‘Global Job Watch Tower’ to be Set Up
‘One Kerala Karuthal Mission’ Launched to Support Eligible Patients
Government to Form Investment Advisory Council
Global Convention Centre at Kochi Airport; New ‘Invest Kerala’ Cell Announced
Southern Kerala Economic Corridor Announced for Thiruvananthapuram, Kollam, and Alappuzha
International Maritime Museum to be Established
₹400 Crore Allocated for ‘Mission Samudra’ Project
Kerala Maritime Policy to be Formulated
Shipbuilding Hub: A state-of-the-art shipbuilding centre will be established with a focus on manufacturing massive “motherships.”
Job Reservation: The government will implement employment reservations for coastal community residents at these maritime job hubs.
Maritime Hub: Kerala’s 600-km coastline and water bodies will be integrated to transform the state into a global maritime power.
Underground Rail Corridor: The Balaramapuram – Vizhinjam underground railway line will be fast-tracked for rapid implementation.
CM VD Satheesan announces a special expert committee to assess and review the current structure of KIIFB.
Financial Crunch: State confronting a massive financial challenge.
Central Allocation: Decline in central government funding share.
KIIFB Overhaul: The existing structure of KIIFB will be thoroughly reformed.
On Elderly Care: “The elderly will be protected,” promises CM VD Satheesan.
On State Progress: The CM points out that Kerala’s social development indicators have hit a standstill.
Jun 19, 2026 09:05 AM IST : VD Satheesan states that the UDF government’s budget will be a roadmap for the development projects to be implemented in the state over the next five years.
Jun 19, 2026 09:03 AM IST : Kerala Budget Presentation Starts
