Presenting the budget in the assembly, Finance Minister KN Balagopal announced that Rs 80 crore has been allocated for 108 ambulances in the state. The state budget has allocated Rs 3061 crore for public works bridges and roads in the state. Finance Minister KN Balagopal also announced that hilly and coastal roads will also be developed.
Minister KN Balagopal is presenting a state budget in the assembly that does not leave small entrepreneurs behind. Minister KN said in the budget that projects will be launched in local toy production by integrating Kerala’s micro, small and medium enterprises and Kudumbashree.
Rs 5 crore has been allocated for this. In addition, Finance Minister announced in the Assembly that Rs 4.1 crore has been allocated for the handicraft sector and Rs 5 crore for the coir Development Project in the budget.
Minister announced that Kerala has great potential in the health tourism sector and Rs 50 crore has been allocated for the project. He added that publicity should be done, including in foreign countries.
KN Balagopal announced that one lakh more houses will be completed under the LIFE project and Rs 1160 crore has been allocated for it. He said that Kerala welcomed 2025 with a rehabilitation announcement and that the loss due to the Mundakai-Churalmala disaster was Rs 1021 crore.
Minister started the budget presentation in the assembly by sharing the good news that the state has overcome the economic crisis. The minister said that Kerala’s wealth structure is on the path of rapid growth and Kerala’s domestic product growth is in a very good condition.
The LDF government is the guarantee of Kerala. The service pension arrears of Rs 600 crore will be distributed in February. The central government’s policy is the reason for the DA arrears of government employees. The minister said that the employees understood this and cooperated with the government.
