Packed with surprises, first budget of V D Satheesan Govt aims to transform Kerala into a global destination

Integrated pack house facilities and pharma cargo facilities will be expanded to strengthen exports in the agriculture, fisheries and pharma sectors

An international-standard global convention center will be opened adjacent to Cochin Airport

A special cell called data-driven Invest Kerala will be launched to attract investors

The Southern Kerala Economic Corridor will be created, combining the districts of Thiruvananthapuram, Kollam and Alappuzha into a single economic zone of strategic national importance. A project report will be prepared through an expert committee to study this

Rs 100 crore will be allocated for the Rare Earth and Critical Minerals Corridor and Rs 50 crore for the Southern Kerala Economic Corridor.

Kerala will be transformed into a major aviation logistics hub in Asia. Rs 200 crore will be allocated for its initial work

Aeropark and Aero City projects will be implemented

Water transport system will be developed

An international maritime museum will be established. Rs 50 crore will be allocated for this.

Construction zones, stuffing centers, and dry ports will be set up around the Vizhinjam and Kochi ports.

Vizhinjam will be promoted as the first port to provide green bunkering services as part of the global shipping industry's shift to green fuels.

A shipbuilding center will be established for the construction and maintenance of motherships. Reservations will be made for the common people of the coastal areas in the employment opportunities created here.

Mission Samudra: Kerala will be made a major power within five years by integrating its 600 km coastline, two international ports, a container transshipment terminal, 17 non-major ports and other water resources.

Land acquisition and construction projects for Balaramapuram-Vizhinjam underground rail and Vizhinjam - Navaikulam outer ring road projects will be expedited. 

Silver Economy will be created
Kerala will be made a port city 
 

• The health sector will be improved 
• Elderly will be protected 
• The goal is a new era Keralam 
• Central share is less 
• Kerala's own income is lower than other states. 
• Action to comprehensively reform the current functioning of KIIFB by appointing an expert committee. 
• Kerala is in severe economic crisis 
• Kerala will be made a destination point by increasing investment in the health and education sectors

The government presently has a debt of Rs 5.07 lakh crore. There are also mandatory expenses including salaries, pensions and interest, which account for 77 percent of the total revenue income. The chief minister said that Kerala is facing interest payments of 20.9 percent of the revenue income.