SignIn
Kerala Kaumudi Online
Thursday, 05 February 2026 11.09 PM IST

300 crore for LIFE Mission project, 677 crore for students; budget ensures support for backward communities

Increase Font Size Decrease Font Size Print Page
kn-balagopal

THIRUVANANTHAPURAM: The final budget of the second Pinarayi Vijayan government has announced several schemes aimed at the welfare of backward communities. An allocation of Rs 200.94 crore has been made for backward community development, while Rs 300 crore has been set aside for the LIFE Mission housing project for the Scheduled Castes. In addition, Rs 677.17 crore has been earmarked for the development of students from the Scheduled Castes, and Rs 370 crore has been allocated for higher education in the Scheduled Areas.

Finance Minister K N Balagopal said Rs 3 crore will be provided to support self-employment initiatives for widows from backward communities. The budget has also allocated Rs 94.69 crore for minority welfare and Rs 4 crore for foreign scholarship programmes for minorities. He added that allocations for Scheduled Caste and Scheduled Tribe development, as well as the health sector, have been increased by more than 15 percent. A new scheme for the sustainable development of converted Christians has been allotted Rs 10 crore.

The budget speech, delivered by Balagopal, began at 9 a.m. and lasted for 2 hours and 53 minutes. It was the fourth-longest budget speech in the history of the Kerala Assembly, following those presented by former finance ministers Thomas Isaac and Oommen Chandy.

TAGS: KERALA BUDGET, KERALA BUDGET 2026, BACKWARD COMMUNITIES, KERALA GOVERNMENT, KN BALAGOPAL
JOIN THE DISCUSSION
KERALA KAUMUDI EPAPER
TRENDING IN KERALA
TRENDING IN KERALA
X
Lorem ipsum dolor sit amet
consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
We respect your privacy. Your information is safe and will never be shared.