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regular-article-logo Saturday, 05 October 2024

Kerala budget for fiscal 2024-25 shows lack of awareness about reality: Congress-led UDF Opposition

Leader of Opposition in the assembly V D Satheesan said that the budget document was used for making political criticism and announcements

PTI Thiruvananthapuram Published 05.02.24, 12:43 PM
Kerala Finance Minister KN Balagopal presents the State Budget 2024-25 during the Kerala Assembly session

Kerala Finance Minister KN Balagopal presents the State Budget 2024-25 during the Kerala Assembly session PTI

The Congress-led UDF Opposition on Monday severely criticised the ruling Left government's budget for the fiscal 2024-25, saying announcements made in it show lack of awareness about the reality.

Speaking to the media after the budget was presented by state Finance Minister K N Balagopal, Leader of Opposition in the assembly V D Satheesan said that the budget document was used for making political criticism and announcements.

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He also questioned how the public will have any confidence in this year's budget as the government only spent around 55 per cent of the planned expenditure for the financial year 2023-24 which is about to end in a couple of months.

Satheesan also referred to the Rs 10 hike in rubber support price announced in the budget and said that it "amounts to making fun of the rubber cultivators".

He said that the Left front had promised to increase the rubber support price to Rs 250 if it came to power.

Balagopal, during the budget presentation, said that the support price was being hiked from Rs 170 to Rs 180 despite the financial limitations of the state.

He also blamed the Centre for not accepting the state's request to hike the price to Rs 250.

Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.

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