Thiruvananthapuram: In a major move impacting thousands of state government employees, the Kerala government has constituted the 12th Pay Revision Commission to examine and recommend revisions to salary structures and service benefits. Former Chief Secretary V P Joy has been appointed as the Chairman of the Commission. The panel also includes Advocate M. Rajagopalan Nair Read More…
The second Pinarayi Vijayan government presented its final budget, charting an ambitious development roadmap while carefully balancing welfare commitments. Presented by Finance Minister K N Balagopal, the sixth budget of the government is also the fourth-longest budget in Kerala’s history. Reiterating that Kerala is facing severe financial constraints due to the Centre’s policies, the budget Read More…
Kerala is set to witness a crucial moment in its economic journey today as Finance Minister K N Balagopal presents the sixth budget of the second Pinarayi Vijayan–led LDF government in the State Assembly. Describing the budget as a roadmap for Kerala’s future, the Finance Minister said it will feature several projects and policy announcements Read More…
Thiruvananthapuram: Kerala is set to witness a politically significant moment tomorrow as the second LDF government led by Chief Minister Pinarayi Vijayan presents its final budget. Finance Minister K. N. Balagopal will table the budget in the Assembly, with strong expectations of a slew of people-centric announcements as the state moves closer to Assembly elections. Read More…
Kerala Finance Minister K.N. Balagopal on Monday said the State is witnessing a positive transformation in its industrial culture and entrepreneurial mindset, driven by policy reforms and improved governance. Addressing a public function, the Minister said Kerala’s significant improvement in the Ease of Doing Business rankings has restored investor confidence and encouraged entrepreneurs to return Read More…
Thiruvananthapuram: The final budget of the second Left Democratic Front (LDF) government led by Chief Minister Pinarayi Vijayan is likely to be presented on the 29th of this month. With the Assembly elections approaching, reports indicate that Finance Minister K. N. Balagopal is expected to present a full budget this time. The 16th session of Read More…
Thiruvananthapuram: Kerala Finance Minister K.N. Balagopal has raised red flags over the state’s fiscal health following the rollout of the new GST 2.0 regime, warning that the move could significantly dent state revenues. While the tax overhaul — which trims GST to just two slabs, 5% and 18%, with a 40% sin tax on luxury Read More…
Thiruvananthapuram: Kerala Finance Minister K. N. Balagopal has sounded a warning that states may face a “demonetisation-style fallout” if the Centre proceeds with restructuring the Goods and Services Tax (GST) system without ensuring compensation. Minister cautioned that such a move, without adequate safeguards, could place severe financial strain on state economies. Balagopal urged the Union Read More…
Kerala Finance Minister K. N. Balagopal has raised serious concerns over the impact of the proposed GST reforms on state finances, warning that the changes could push Kerala into a severe fiscal crisis unless protective measures are introduced. According to Balagopal, the state is staring at a direct annual revenue loss of around ₹2,500 crore Read More…
New Delhi: Kerala Finance Minister K. N. Balagopal has issued a stern warning to companies, insisting that the benefits of recent GST rate cuts must directly reach consumers. Speaking after the reforms, he cautioned that the state will closely monitor prices to ensure businesses don’t pocket the gains while ordinary people lose out. Highlighting the Read More…