Takeaways from Kerala Budget 2025
The budget speech was held on 7th February by the Financial Minister of Kerala K N Balagopal in the Kerala Legislative Assembly. The Economic Review report was presented in the Assembly on February 7, 2023. This is Mr Balagopal’s fifth Budget after taking over as Kerala’s Finance Minister. Budget National Budget Article Major Announcements from the Budget Speech GSDP rate- 2024-25 - 11.77% GSDP- ₹ 13,11,437 crore Public Debt- ₹40,848.21 crore Revenue Deficit- 2.1% ₹750 Crore for Wayanad Relief Package Expected growth rate Local Self-Government- ₹ 15,980.41 crore LSG General Purpose- ₹ 2,577 crore Kerala Climate Resilient Agri Value Chain Modernisation Project: ₹ 2,365 crore Removal of river sand from the Bharatapuzha, Chaliyar, and Kadalundi rivers will be resumed Six-lane highway construction to be completed by December 31, 2025 Pilgrimage tourism in Kozhenchery- ₹ 3 crore Sabarimala Master Plan- ₹ 1033.62crore KSEB...
