Takeaways from the Latest Kerala Budget 2026
The budget speech was held on 19th June by the Finance Minister and the current Chief Minister of Kerala, VD Satheesan, in the Kerala Legislative Assembly. Former Finance Minister of Kerala, K N Balagopal, presented the Interim budget on January 29th as a full budget. This is the first Budget of VD Satheesan after taking over as Kerala’s Chief Minister and Finance Minister, and will be the first budget of UDF 2.0 after their exemplary victory in the Kerala elections 2026. The financial White Paper report was tabled in the Assembly on the 4th, based on their campaign promise. This is a revised budget that will replace the old budget passed earlier. CM said that the budget came in the greater context of debt burden, global inflation, and growing youth unemployment. Major Announcements from the Budget Speech GSDP- ₹ 6,85,28,316 crore Public Debt- ₹5.07 lakh crore. Revenue Deficit- ₹35,355.3 crore Annual Expenditure- ₹2,39,907...