Thiruvananthapuram: Finance Minister K.N. Balagopal presented the final full budget of the second Pinarayi Vijayan government in the Legislative Assembly today. Despite facing financial constraints, the budget places a strong emphasis on social welfare, infrastructure development, and relief for government employees.
Here are the major highlights and announcements from the Kerala Budget 2026:
1. 6. Other Key Announcements
- Nativity Card: To address concerns regarding SIR and CAA/NRC among minorities, the government will introduce a ‘Nativity Card’ through new legislation.
- Life Mission: A massive allocation of ₹1497.27 Crore for the Life Mission housing project.
- MLA Funds: MLAs can now propose projects worth up to ₹7 Crore.
- Cinema: ₹7 Crore allocated specifically for women directors to produce feature films.
- Green Mobility: A subsidy of ₹40,000 for auto-rickshaw drivers to purchase eco-friendly electric autos.
Political Context: In his budget speech, the Finance Minister strongly criticized the Central Government, accusing it of encroaching upon the financial rights of states and attempting to undermine federalism. He specifically noted that the Centre is slashing the state’s tax share and borrowing limits.
