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The Latest Breaking News from KN Balagopal

Kerala Budget 2024-25: Promises aimed at maintaining continuity to initiatives aimed at changing perceptions on investment climate

Finance Minister K.N. Balagopal began his Budget speech painting a rosy picture of Kerala, which according to him is on the cusp of becoming a ‘sunrise’ economy with futuristic strides in technology, an exponential rise in demand and the resultant economic development.

The Hindu

Kerala Budget 2024-25 seeks to mop up additional resources, attract investment

The State Budget for the 2024-25 fiscal presented by Kerala Finance Minister K.N. Balagopal on February 5 (Monday) sought to mop up additional resources and draw private investment in key sectors, even as it proposed Chinese-model special development zones (SDZ) for tapping the potential of the Vizhinjam seaport project and…

The Hindu

Kerala Budget 2024 | Opposition Leader accuses Finance Minister of regurgitating old promises and papering over State’s dire economic situation

The Congress-led United Democratic Front (UDF) Opposition in Kerala has accused the Left Democratic Front (LDF) government of delivering a Budget that sought to paper over Kerala’s dire economic situation by regurgitating empty promises. Leader of the Opposition V.D. Satheesan termed Finance Minister K.N. Balagopal’s nearly two-hour Budget speech on…

The Hindu

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State Budget to be keenly watched for steps to mop up additional resources

The 2024-25 Budget in Thiruvananthapuram will focus on generating additional resources for social welfare programs while facing financial constraints.

The Hindu

House passes resolution against Centre’s ‘trespasses on federalism’

A resolution, which accused the Centre of attempting to strip States of their authority, was passed in the Kerala Assembly by voice vote and without a debate with the Opposition boycotting the House proceedings.

The Hindu

Interim Budget: Kerala keeping its fingers crossed

The 2024-25 Interim Budget will be closely watched by Kerala, as it battles with the Centre over tax share and borrowing limits.

The Hindu

Liquor, fuel cesses cannot meet social security pension payments in full: Balagopal

Insufficient cesses on liquor and fuel in Kerala's budget lead to delayed social security pension payments.

The Hindu

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Opposition UDF blames government for fiscal crisis, walks out of Assembly

Opposition accuses Left Democratic Front government of failing to address Kerala's financial crisis; calls for united stand.

The Hindu

Can hike social security pensions if Centre restores slashed share: Balagopal

Thiruvananthapuram: State government seeks to increase social security pensions if Union government restores rightful share of funds.

The Hindu

Public service delivery at govt. offices across Kerala hit as pro-Congress and BJP State employees strike work

A one-day token strike by pro-Opposition State employee unions for payment of dearness allowance (DA) dues and better service conditions partially hobbled the functioning of government offices across Kerala

The Hindu

Environmental conservation a priority: K.N. Balagopal

Finance Minister K.N. Balagopal emphasizes timely completion of development projects and environmental conservation in Kollam, Kerala.

The Hindu

Minister announces new norms for Swaraj Trophy

The Hindu

Budget to address State’s development needs: K.N. Balagopal

The 2024-25 State Budget in Kerala aims to leverage the state's strengths for development, job creation, and increased production.

The Hindu

Need united stand against Centre’s unfriendly policies, says K.N. Balagopal

Finance Minister K.N. Balagopal welcomes Opposition UDF's decision to discuss Centre's neglect of Kerala, emphasizing the need for cooperation.

The Hindu

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The Hindu

Kollam all set to host 62nd State School Arts Festival

Kollam city is all set to host the 62nd State School Arts Festival for the fourth time after a gap of 16 years.

The Hindu

Month-long Global Science Festival Kerala to open at Thonnakkal in Thiruvananthapuram on January 15

Global Science Festival Kerala, organised by Kerala State Council for Science, Technology and Environment and Amuseum ArtScience, will be held at the Bio 360 Life Sciences Park, Thonnakkal, Thiruvananthapuram, from January 15 to February 15

The Hindu

Cruise ship services from Beypore next year: Balagopal

Experience the Beypore International Water Fest with exciting water sports, entertainment, music, and more! Cruise ships to launch from Beypore port in 2021.

The Hindu

Kerala’s fiscal woes appear real

The LDF government is struggling to meet its commitments

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The Hindu

Kerala Governor, Chief Minister enacting political drama, alleges Opposition Leader V.D. Satheesan

kerala opposition Leader V.D. Satheesan accuses Chief Minister and Governor of 'cat-and-mouse' game. He alleges that CM prompted illegal actions, then ditched Governor; UDF opposed nomination of Sangh Parivar members to Kerala University Senate.

The Hindu

Govt. sanctions ₹30 crore more as assistance to KSRTC

The State government has approved the release of ₹30 crore more as assistance to the Kerala State Road Transport Corporation

The Hindu

Kerala cries foul over Centre’s decision to deduct ₹332 crore from IGST settlement

Kerala government cries foul over ₹332 cr. IGST deduction. Finance Minister Balagopal urges Union FM Sitharaman to reverse decision, citing lack of clarity & adversely affecting fiscal situation. Calls for deliberations in GST Council & plugging leakage in GST system.

The Hindu

Nirmala Sitharaman’s remarks misleading, says Balagopal

Finance Minister K.N. Balagopal on Friday described as “misleading” Union Finance Minister Nirmala Sitharaman’s recent remarks concerning the Centre-State standoff on the State’s financial position. After blocking the State’s revenue sources, Ms. Sitharaman was trying to create the impression that it has been given everything, Mr. Balagopal alleged.

The Hindu

Solace in fits and starts

Kerala has a social security triumph, by ensuring the economically challenged get a pension, but it also has a payment tribulation, with amounts this year delayed by four months.

The Hindu

Government raises coverage under Jeevan Raksha insurance scheme

Through the revision, the coverage for accidental death had been enhanced to ₹15 lakh, and ₹5 lakh for natural death.

The Hindu

Centre’s insistence on claiming credit for schemes in State unfair, says K.N. Balagopal

He says MPs from the State will raise this issue in New Delhi, underlining the importance of a “healthy and democratic” Centre-State relationship in this context.

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