Kerala’s Leader of the Opposition V.D. Satheesan has said Kerala has slipped into a severe financial crisis, forcing large numbers of youths to migrate out of the State, and warned that if the present situation continues, Kerala could “turn into an old-age home within five years.”

Speaking to reporters in Kasaragod ahead of UDF’s Puthuyuga Yatra on Friday (February 6, 2026), which is set to begin from Kumbala, Mr. Satheesan launched a sharp attack on the State government, stating that Kerala had never witnessed such deep economic distress in the past. He alleged that the government was “surviving on massive borrowings”, the health sector was “on a ventilator” and agriculture was in “a state of collapse.”