Kerala Budget 2026: Despite white paper warning, no plan to cut committed expenditure

Kerala Budget 2026: Despite white paper warning, no plan to cut committed expenditure

Kerala's budget commits 78% of revenue to salaries and pensions, preventing action on its 33.5% debt-to-GSDP ratio despite white paper warnings. This fiscal rigidity starves capital investment and modernization, undermining economic and technology-driven competitiveness.