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- The State Budget for the 2024-25 fiscal presented by Kerala Finance Minister K.N. Balagopal in the assembly.
- The state government will bring over Rs 3 lakh crore worth of investment in the next three years.
- The government proposed a Minimum support price for rubber increased to Rs 180 from Rs 170 in the Kerala budget.
- Rs 8,000 crore will be allocated to the local self-government department for fiscal 2024-25.
- The government proposed Chinese-model special development zones (SDZ) for tapping the potential of the Vizhinjam seaport project.
- A new ‘assured’ pension system for government employees will be also introduced.
- The growth trend in tax revenues of the state government will continue in 2024-25.
- Kerala’s tax revenue is projected to grow by ₹7,845.21 crore and non-tax revenue, by ₹1,503.41 crore.
- In the 2024-25 Budget, revenue receipts were ₹1,38,655.16 crore.
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