Key Points
A day after presenting the state budget, Kerala Finance Minister KN Balagopal said that the budget was passed amid a poor financial situation owing to the Union Government's attitude which affected the state's finances...
We have to get them back there," Balagopal said.. Speaking about talent going out of Kerala due to lack of educational and employment facilities in the state, the Finance Minister said that the state should be made into an education hub...
There are a lot of opportunities," Balagopal said.. Advocating the idea of creating special economic zones in Kerala, the Finance Minister said, "We can have special areas of development under the Indian system where we can invite people like NRIs and foreign companies to invest..
Fiscal federalism is important for a country that is always advocating for cooperative federalism," Balagopal said.. Comparing the allocations received by Kerala earlier to what the state is receiving currently, the Finance Minister said, "We were getting 3.8 per cent of the divisible pool at the time of 10th Finance Commission..
Kerala Finance Minister KN Balagopal presented the Kerala Budget 2024-25 on Monday, outlining a vision for a "New Kerala" while criticizing the central government's "hostile approach" that he claims has pushed the state towards financial crisis...
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