It is no secret that the state is grappling with severe financial difficulties. In light of this, the cabinet has decided to halve the annual projects, a move that, while disappointing, is hardly surprising. Historically, the state has struggled to fully implement its projects. By the time the delayed budget approvals and disbursements are in place, the fiscal year is already halfway over. By January, barely a quarter of the projects are completed, leaving the remaining six months as a frantic race to meet even 75 percent of the project allocations. In this rush, priorities are often shifted, deadlines are missed and projects are delayed. Each year, promises are made that the situation will improve, yet the cycle continues.

This time, the reduction in annual plans is driven by severe financial constraints. The budget initially approved projects worth ₹29,890 crore, in addition to central projects totaling ₹8,516 crore. However, the cutbacks will primarily affect state-sponsored projects, with a distinction made between those costing below ₹10 crore and those exceeding this amount. Projects with budgets over ₹10 crore will require high-level committee approval and can only utilize half of their allocated funds this year. The inevitable consequence is that these projects will drag on, further delaying their completion. Priority projects announced by the government in the Assembly are exempt from these restrictions, with efforts in place to ensure their timely completion.

Similarly, there is an assurance that the 1,070 projects included in the 100-day work program, announced in connection with the Cabinet's anniversary, will be completed by October 22. However, progress on the state plan is currently at a meager 16 percent. At this pace, it is doubtful that the projects will meet their goals without significant underspending. Rapid implementation is crucial to ensuring the state's growth and progress, but without adequate funds, it is an impossible task. Cutting projects in half and focusing on timely completion might be the most practical approach under the circumstances. Prolonged construction only escalates costs.

The inefficiencies in the smart road works in Thiruvananthapuram exemplify the broader issue. Even small roads that should be completed in three months are left riddled with potholes for months on end. The decision to prioritize projects that can realistically be completed within the year is commendable. At the very least, it provides some reassurance that what is undertaken will be finished on time. However, it is important to remember that delays and postponements in construction projects can also lead to a reduction in employment opportunities. Contractors, already burdened by unpaid dues, are reluctant to take on new projects.

Ultimately, the state is left to navigate this financial crisis on its own. Despite repeated appeals, there is little indication that the central government will provide relief. The only solution is for the state to address its financial challenges internally and part of that process involves cutting back on projects. It is a bitter pill to swallow but a necessary one. In the meantime, collective hope for an improvement in the state's financial situation may be our best recourse.