Takeaways from Kerala Budget 2026
The budget speech was held on 29th January by the Finance Minister of Kerala, K N Balagopal, in the Kerala Legislative Assembly. The Economic Review report was presented in the Assembly one day earlier on the 28th. This is Mr Balagopal’s sixth Budget after taking over as Kerala’s Finance Minister and will be the final budget of LDF 2.0 ahead of the Kerala elections 2026. Ernakulam leads Kerala districts in income chart, Pathanamthitta posts fastest growth as per the Economic Review. Major Announcements from the Budget Speech GSDP rate- 2025-26 - 9.9 7% GSDP- ₹ 6,85,28,316 crore Public Debt- ₹40,848.21 crore Revenue Deficit- ₹34,586.66 crore or 1.9% Annual Expenditure- ₹2,17,558.76 crore Fiscal Deficit- 3.2% Debt-GDP Ratio- 33.44% Kerala recorded a 6.19% real growth as per the economic survey. 4th-longest budget speech in the assembly. Wayanad Package- ₹50 crore. Finance Minister says the borrowing limit of the state ha...


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