Kerala Finance Minister KN Balagopal on Friday presented the budget for the 2022-23 financial year in the legislative assembly. Petrol and diesel prices will be increased by Rs 2 per litre in Kerala, said the finance minister.
"Kerala FM's arithmetic is a Faustian bargain, moral principles for gaining wealth, the FM of Kerala imposed additional taxes to raise over Rs 2000 crore and he will spend Rs 2000 crore to "tackle inflation"!"
Bhartiya Janata Party (BJP) leader Naresh Bansal on Friday took a jibe over Congress's allegations of not including important issues including unemployment and inflation in the Union Budget and said that provisions of resolving the issues are included in the budget.
The ruling Biju Janta Dal on Friday demanded to restart of Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in the interests of the household food security of the poor and the farmers.
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The Finance Minister of Kerala KN Balagopal will lay the Budget 2023 on the table from 9 AM in the Kerala legislative assembly on Friday.
Finance Minister Balagopal presented the pre-budget economic survey for FY 2021-2022 in the assembly on Thursday.
According to The News International, Consumer Price Index (CPI) inflation in January 2023 accelerated to 27.55 per cent from 24.47 per cent a month earlier, as the unprecedented surge in food items' prices in the month jacked up the general inflation.
On January 25, the government said FCI will offload 30 lakh tonnes of wheat from the central pool in the markets under the Open Market Sale Scheme, within the next two months, for containing the rising domestic prices of the staple foodgrain.