Kerala Finance Minister TM Thomas Isaac is presenting the last budget of the current LDF government. This is his 12th budget overall as he had handled the finance portfolio in the 2006-11 VS Achuthanandan government too.
There are indications that Isaac will not interfere too much with taxes, given that the state government is on its way out in the next four months. But he may give more focus to some of the projects that has won favour among the people such as welfare pension, hiking the MSP for rice and coconut.
With Kerala facing mounting debt and a sharp decline in revenue due to the implications of the Covid-19 pandemic, it will be interesting to see how and from where the finance minister will gather funds to run some of the ambitious projects he has in mind.
Kerala Budget 2021 Live Updates: Kerala Finance Minister TM Thomas Isaac presents the Kerala budget for 2021. The budget will focus on some of the key achievements of the government in previous years. It will have major announcement that will shape the government’s perspective as it faces elections in four months.