Kerala Chief Minister V.D. Satheesan. File

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The stage is set for the presentation of the first Budget of the UDF government on Friday (June 19, 2026), with Chief Minister V.D. Satheesan, who also holds the Finance portfolio, expected to outline his administration’s priorities while navigating what he has described as one of the State’s most difficult fiscal situations.Kerala govt’s White Paper on fiscal health seeks revamp of loss-making public sector enterprisesThe revised Budget comes nearly two weeks after the government tabled a white paper on Kerala’s finances, painting a grim picture of mounting debt, unpaid liabilities and shrinking fiscal space.Against this backdrop, Mr. Satheesan, whose UDF government was sworn in on May 18, has repeatedly said the administration is operating under severe financial constraints and must find fresh resources to fulfill its promises.Follow for live updatesJune 19, 2026 07:07 Kerala Budget: Fiscal health, welfare, growth in focus as Congress-led UDF govt to present Revised Budget on June 19

The Congress-led UDF government’s Revised Budget for 2026-27, to be presented by Chief Minister V.D. Satheesan on Friday (June 19, 2026) faces the challenge of finding the middle ground between re-aligning Kerala’s fiscal space for tackling the concerns raised in the White Paper on State finances and mobilising additional revenue for development and welfare, notably the Indira Guarantees and the ‘dream projects.’Kerala Budget: Fiscal health, welfare, growth in focus as Congress-led UDF govt to present Revised Budget on June 19Kerala's Congress-led UDF government presents a Revised Budget on June 19, focusing on fiscal health, welfare, and growth challenges.June 19, 2026 07:06 Kerala Chief Minister V.D. Satheesan to present Revised Budget for 2026-27 on June 19, 2026Kerala Chief Minister V.D. Satheesan to present Revised Budget for 2026-27 on June 19, 2026Kerala CM V.D. Satheesan to present the 2026-27 Revised Budget on June 19, marking UDF government's first budget session. Published - June 19, 2026 07:04 am IST