Archive · 29 Jan 2026
Kerala Opposition Criticizes LDF Budget
The Kerala government presented its 2026-27 budget.
The opposition parties, like the Congress and IUML, criticized the budget, saying it was full of false promises and lacked credibility.
They claimed the government failed to deliver on its promises over the past decade and turned the budget into a political document.
The finance minister, K N Balagopal, called for unity among communities and highlighted global issues like US tariffs and the incarceration of the Venezuelan president.
He also announced a project to record Kerala's religious and cultural history, with a budget of Rs 10 crore.
The opposition leader, V D Satheesan, pointed out that plan expenditure was only 38% in January 2026 and accused the government of not increasing the plan size over the past five years.
He also mentioned that the state's fiscal credibility had been lost and that the government had failed to fulfill its promise to raise social security pensions.
The opposition parties demanded a performance audit and a white paper on the state's finances.
Opposition parties criticized Kerala's 2026-27 budget, calling it a political document with false promises.
Finance Minister K N Balagopal emphasized unity among communities and highlighted global economic issues.
A Rs 10 crore project was announced to record Kerala's religious and cultural history.
Opposition leader V D Satheesan accused the government of failing to deliver on promises and mismanaging finances.
The budget saw a reduction in revenue estimates and an increase in the revenue deficit.
- Who
- Kerala Finance Minister K N Balagopal, Opposition Leader V D Satheesan, IUML Leader P K Kunhalikutty
- What
- Presentation of Kerala's 2026-27 budget
- When
- January 29, 2026
- Where
- Thiruvananthapuram, Kerala
- Why
- To outline financial plans and address economic issues
- Budget Year
- 2026-27
- Plan Expenditure (2026)
- 38%
- Revenue Estimated (2025-26)
- Rs 1.52 lakh crore
- Revenue Estimated (2026-27)
- Rs 1.32 lakh crore
- Expenditure Estimated (2025-26)
- Rs 1.79 lakh crore
- Actual Expenditure (2025-26)
- Rs 1.73 lakh crore
- Revenue Deficit (2025-26)
- Rs 36 crore
- Funds for Human-Wildlife Conflict
- Rs 100 crore
- Funds Spent on Human-Wildlife Conflict
- 42%
- Funds for Religious and Cultural Project
- Rs 10 crore
Sources
Ker budget: With polls around, LDF turned financial statement into ‘political document’, says Cong
Kerala FM calls for unity among communities, refers to US tariffs in Budget speech
Kerala plans high speed rail corridor; ₹100 crore allotted in budget for TVM-Kasargod RRTS