Kerala Chief Minister Pinarayi Vijayan
India
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CNBC TV1829-01-2026, 12:33

Kerala FM Balagopal Unveils People-Centric Budget Ahead of State Polls

  • Kerala Finance Minister KN Balagopal presented the state Budget for FY 2026-27, focusing on people-centric measures.
  • The budget includes a ₹14,500 crore boost for social security pensioners and new community programs.
  • Significant hikes in honorarium for ASHA, Anganwadi workers, pre-primary teachers, and school cooking staff were announced.
  • Key allocations include ₹2,500 crore for Health, ₹3,700 crore for Stree Suraksha Scheme, and an Elderly Budget.
  • Infrastructure projects like a rare earth corridor, Rapid Rail Transport System, and coastal development also received funding.

Why It Matters: Kerala's new budget prioritizes social welfare, health, education, and infrastructure ahead of state elections.

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