Public spending is inevitable for the development of Kerala, Finance Minister K.N. Balagopal has said. He was speaking on the topic ‘Keralam@2031: A new vision’ at a seminar organised by the State government here on Monday. Mr. Balagopal also called for a collective movement to ensure that the State got its due fiscal shares from the Centre.
“Public spending by Central and State governments plays a huge role in development. Hence, a collective movement is required to ensure that Kerala gets its due shares. We have to go forward giving more importance to the services sector along with agriculture and industries,” he said.
