What Key Elements Are Highlighted in Kerala's Budget?
Synopsis
Key Takeaways
Thiruvananthapuram, Jan 29 (NationPress) The State Finance Minister, K.N. Balagopal, unveiled the sixth consecutive budget of the LDF government in the Kerala Assembly on Thursday. Despite the upcoming Assembly elections, he chose to present a full budget instead of the traditional vote-on-account.
The final budget of the Pinarayi Vijayan government's second term prioritizes social security, healthcare, education, and inclusive welfare initiatives, featuring a variety of announcements directed at students, workers, and marginalized communities.
Among the notable features is the launch of accident insurance for students from Classes 1 to 12, with an annual cost of Rs 15 crore already allocated in the budget.
In a significant move for higher education, the government declared free undergraduate education for Arts and Science students, marking the first extension of Kerala's free education policy beyond Class 12.
Healthcare advancements were highlighted with the introduction of 'Medisep 2.0', an upgraded health insurance scheme for government employees set to commence on February 1, offering improved benefits and broader hospital coverage.
This revamped insurance will also be made available to pensioners and employees of public sector units and cooperative institutions.
Additionally, in a crucial public health initiative, the Finance Minister revealed that individuals injured in road accidents will receive complimentary treatment for the first five days as part of the new 'Life Saver' project, which will roll out in government and selected private hospitals, with a budget of Rs 15 crore.
The budget further introduced a new health insurance scheme for families not included in the Karunya health program, with Rs 50 crore dedicated to this initiative.
ASHA workers will benefit from a Rs 1,000 increase in their monthly honorarium.
In response to issues raised by the Special Intensive Revision (SIR), especially among religious minorities, the government announced a Nativity Card supported by new legislation, with an allocation of Rs 10 crore aimed at fostering religious and communal harmony.
Overall, the budget reaffirms the LDF government's commitment to a welfare-centric governance model, enhancing healthcare access and educational opportunities while signaling the continuation of key social initiatives in the final year of its second term.