Kerala Budget: Not quite up to expectations
1 year, 1 month ago

Kerala Budget: Not quite up to expectations

New Indian Express  

A crisis is an opportunity, and the context of Kerala's budget for 2024 was configured for such spectacular and solid announcements. Though the announcement "Programmes are being planned to attract investment to the tune of at least Rs 3 lakh crores within the next three years" generated a lot of interest at the beginning of the budget speech, no clear road map was laid out in the presentation. One exception would be admission to foreign and private universities in Kerala, but that needs wider political acceptability and recognition from the political leaders across party lines to attract investors. Other welcome steps include those on ease of starting a business, land pooling, infrastructure development for entrepreneurial activities, and announcements for converting Kerala into a hub of higher education, medical innovations, and industry. An announcement of Rs 250 crores for the development activities of the Digital University is a welcome step, and one could wish for more industry partnerships and openness towards realising the potential of other universities similar to the Digital University’s roadmap.

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