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Kerala finance minister presents budget with 15 % higher expenditure

Kerala finance minister presents budget with 15 % higher expenditure

Friday, February 7, 2020, 9:46 PM

Slump in revenue and a shortfall in Centre's assistance to the state has not deterred Kerala finance-minister Thomas Issac in presenting a budget for 2020-21 with expenditure declarations 15% above the revised estimates of 2019-20. The state was able to collect GST revenue of Rs 15030-crore till December 2019, in the place of Rs 28416-crore applying 14% growth rate taking 2015-16 as base year.
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