Union Budget disappointing: K.N. Balagopal
Finance Minister K.N. Balagopal criticized the Union Budget 2026-27 as disappointing for Kerala, stating it ignored key demands such as an AIIMS, high-speed rail project, and a fiscal correction package. Balagopal also expressed disappointment over the budget's lack of solutions to problems arising from the 2025 GST reforms, citing sector-wise allocations that had dipped compared to previous years. While acknowledging the increase in Kerala's share of divisible tax pool, Balagopal pointed out the absence of revenue deficit grants and questioned the effectiveness of announcements regarding new Ayurveda institutes and cashew development programs.
1 FEB 2026
— The Hindu
Kerala Chief Minister Pinarayi Vijayan criticized the Union Budget for neglecting the state's development needs and prioritizing other states.
· THIS STORY — The Hindu
Finance Minister K.N. Balagopal expressed disappointment with the Union Budget 2026-27 for its lack of support for key Kerala projects and solutions to GST reform challenges.
— The Hindu
Congress leaders strongly criticized the Union Budget, alleging it prioritizes corporate interests over Kerala's needs and social welfare.
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