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Kerala Budget 2026 to Boost Industry, Says Minister; K-Rail Fate Awaits Centre

Kerala Industries Minister P Rajeev has expressed confidence that the State Budget 2026 will significantly boost the industrial sector, citing strong support for his department's proposals. He emphasized that smooth implementation requires the same government returning to power. Regarding the stalled K-Rail project, Rajeev stated its implementation depends on central support and questioned the status of E Sreedharan's appointment by the Centre. Chief Minister Pinarayi Vijayan has described the budget as people-centric and a political response to perceived federal overreach by the central government.

Key Points: Kerala Budget 2026: Industrial Boost & K-Rail Update

  • Budget aims to strengthen Kerala's industrial sector
  • Strong support for Industries Department proposals
  • K-Rail project requires central collaboration
  • Budget framed as a response to central encroachments
  • Government emphasizes continuity for implementation
2 min read

State Budget will give boost to industrial sector: Kerala Minister P Rajeev

Kerala Minister P Rajeev says the state budget will boost industry, while clarifying K-Rail's future depends on central support. CM Vijayan calls it a people-centric budget.

"The budget presented yesterday... will give a boost to the industrial sector. - P Rajeev"

Thiruvananthapuram, January 30

Kerala Minister P Rajeev on Friday expressed strong confidence in the State Budget 2026, asserting that the plan presented by Finance Minister KN Balagopal will provide a significant boost to the industrial sector.

The Minister noted that the budget has supported several key proposals submitted by the Industries Department to strengthen the state's economic landscape.

P Rajeev said, "The budget presented yesterday by Finance Minister KN Balagopal will give a boost to the industrial sector. The Finance Minister has extended strong support to the proposals put forward by the Industries Department. For the measures announced in the budget to be implemented smoothly, the same government should return to power."

On Kerala government's flagship project, K-Rail, also known as Silver Line, P Rajeev said, "K-Rail could not be implemented by the state alone. If it were possible, would the situation have reached this stage? We need high-speed connectivity. Is there any order appointing E Sreedharan by the Centre? That has not come to the notice of the government. If high-speed rail is announced in the Union Budget, it can be accepted."

Kerala Chief Minister Pinarayi Vijayan on Thursday said the state budget presented by his government in the Legislative Assembly is people-centric and aimed at ensuring comprehensive development while strengthening welfare measures across all sections of society.

In a statement from the Chief Minister's Office (CMO), Vijayan said the Left Democratic Front (LDF) government has, over the past decade, consistently worked to transform Kerala into a modern, developed middle-income society, a goal articulated in the 14th Five-Year Plan of 2022.

Kerala CM said that the budget sends a strong political message from Kerala in response to the central government's encroachments on Indian federalism and constitutional values.

- ANI

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Reader Comments

A
Arjun K
The budget sounds promising, but the Minister's comment about "the same government should return to power" for smooth implementation is worrying. Development should be continuous, not dependent on a single party. Let's hope the plans are solid enough to survive any political change.
R
Rohit P
K-Rail is a dream project. The state vs centre blame game on this is frustrating for common people. We just want better connectivity! If the Union Budget announces it, they should accept it and work together. Enough politics.
S
Sarah B
As someone who moved to Kochi for work, boosting the industrial sector is crucial. Kerala has amazing human resources, but the business environment needs to be more competitive compared to states like Tamil Nadu or Karnataka. Hope this budget delivers.
V
Vikram M
The CM says it's a people-centric budget and also a political message against the centre. Can it be both? Sometimes I feel development gets lost in these political statements. Just show us results on the ground.
M
Meera T
Strengthening welfare measures is good, but sustainable industry is what will fund that welfare in the long run. Glad the Industries Department's proposals got support. Now, swift implementation is key! 👍

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