CM Satheesan Presents His First Kerala Budget

Kerala Chief Minister V D Satheesan, who also holds the Finance portfolio, on Friday presented the revised Budget for 2026-27 in the Assembly, pledging to build a "New Kerala" with inclusive growth and sustainable infrastructure development. 

Citing severe fiscal stress, hidden liabilities, lower remittances and inflation as key challenges before the government, the CM unveiled Mission Samudra to build a port-led economy,



elevate the state as a global maritime and economic hub.

The government is committed to stimulating the economy through broad-based development strategies, attracting large-scale investments across various sectors, mobilising financial resources for the public exchequer, and ensuring the equitable distribution of wealth, the CM said. "To achieve these objectives, the government has outlined flagship initiatives," he said.