• Kerala resents Centres decision to tax NRI remittances

    The Kerala government has expressed concerns over the Centre_s decision to impose 12.36 per cent tax on commissions realised by financial institutions on Non-Resident Indian (NRI) remittances, saying it would hit families who depend on their kin working in the Gulf and other nations.   K C Joseph Minister for Non-Resident Keralites Affairs K C Joseph, […]

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  • Kerala Budget brings cheer to local bodies

    Local bodies in Kerala have much to cheer from the budget for 2019-20, with the plan outlay to be increased to ₹7,500 crore this year, compared to the ₹7,000 crore allocated last year. Of this, ₹250 crore is earmarked for Special Project of the flood affected panchayats. An amount of ₹1,307 crore has been set […]

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  • Budget 2019-20: A do or die situation for Kerala, says Thomas Isaac

      The fiscal strategy followed has been rather adventurous, said Isaac Kerala is faced with ‘a do or die situation’ while budgeting for revenue and expenditure for fiscal 2019-20, according to Finance Minister Thomas Isaac. A crunch situation materialised with the Goods and Service Tax (GST) regime delivering way below than the expected 20 per […]

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  • Kerala Budget 2019

    Kerala budget 2019: State govt announces an ‘expansive’ budget with a focus on rebuilding post delugeKerala budget 2019: State govt announces an ‘expansive’ budget with a focus on rebuilding post deluge. For more details click here

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  • Kerala Budget 2019: Highlights

    Finance Minister Thomas Issac presented the Kerala Budget 2019-20 in the Legislative Assembly on Thursday. He began his speech by saying the State faced twin tragedies of floods and protests over Supreme Court verdict allowing women of all ages to visit Sabarimala. Mr Issac said the events had a major impact and added stress to […]

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  • ISDG Pre Budget Consultation on Kerala Floods

    ISDG conducted a pre-budget consultation in the aftermath of the great floods that created destroyed lives and property across the state. Various stakeholders attended the session and the keynote speakers included former Chief secretary SM Vijayanad, IAS, Dr K. Raviraman, State Planning Board Member, Kerala and CP John, Former State Planning Board Member.   IS

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Budget Primer

General Principles of Government Accounting

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Budget as an art of Delusion and Political Subversion

John Samuel The first-budget of the new government is an exercise in the art of delusions. On the one hand, the budget tends to give  policy signals to the core  political constituencies of the  BJP and on the other hand  thee budget is more of  recycling of the very same policy paradigm of the UPA […]

Budget Analysis

Kerala Budget Analysis 2018-19

The Finance Minister of Kerala, Dr. T.M. Thomas Issac, presented the Budget for financial year 2018-19 on February 2, 2018. Budget Highlights The Gross State Domestic Product of Kerala for 2018-19 (at current prices) is estimated to be Rs 7,72,894 This is 12.6% higher than the revised estimates for 2017-18.  Note that the GSDP in 2017-18 is expected […]

Kerala Budget Analysis 2017-18

Budget Highlights The Gross State Domestic Product of Kerala for 2017-18 at current prices is estimated to be Rs 7,47,945 crore. This is 12.8% higher than the revised estimate for 2016-17. Total expenditure for 2017-18 is estimated to be Rs 1,19,602 crore, a 14.7% increase over the revised estimate of 2016-17. In 2016-17, there was a decrease […]

Budget News

Kerala Budget brings cheer to local bodies

Local bodies in Kerala have much to cheer from the budget for 2019-20, with the plan outlay to be increased to ₹7,500 crore this year, compared to the ₹7,000 crore allocated last year. Of this, ₹250 crore is earmarked for Special Project of the flood affected panchayats. An amount of ₹1,307 crore has been set […]

Budget 2019-20: A do or die situation for Kerala, says Thomas Isaac

  The fiscal strategy followed has been rather adventurous, said Isaac Kerala is faced with ‘a do or die situation’ while budgeting for revenue and expenditure for fiscal 2019-20, according to Finance Minister Thomas Isaac. A crunch situation materialised with the Goods and Service Tax (GST) regime delivering way below than the expected 20 per […]

Kerala Budget 2019

Kerala budget 2019: State govt announces an ‘expansive’ budget with a focus on rebuilding post delugeKerala budget 2019: State govt announces an ‘expansive’ budget with a focus on rebuilding post deluge. For more details click here