BEAMSTART Logo

State survived financial crisis; welfare schemes unaffected: Kerala FM

Business Standard LogoBusiness Standard4h ago

State survived financial crisis; welfare schemes unaffected: Kerala FM - Business Standard

Quick Summary:

Kerala Finance Minister K N Balagopal on Friday, while presenting the budget for the financial year 2025-26 in the Assembly, said the state has survived the most intense phase of financial crisis without any of its welfare schemes or development work being affected.

Presenting the second Pinarayi Vijayan-led government's fifth budget in the Legislative Assembly, Balagopal announced a Rs 750 crore project for the rehabilitation of the Wayanad landslides victims.

The disaster claimed over 200 lives, destroyed hundreds of properties and thousands lost their livelihoods with the estimated loss due to the landslides being around Rs 1,202 crore, while the cost of rehabilitation is expected to be approximately Rs 2,221 crore, as assessed by a team of experts, the minister said.


More Pictures

State survived financial crisis; welfare schemes unaffected: Kerala FM - Business Standard (Picture 1)

or

Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 11:44:28 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 804 words

Reading Time: 5 minutes read

Sentences: 27 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25955850

View Article Analysis

About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 319 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "State survived financial crisis; welfare schemes unaffected: Kerala FM" has 804 words across 27 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Which news outlet covered this story?

The story "State survived financial crisis; welfare schemes unaffected: Kerala FM" was covered 4 hours ago by Business Standard, a news publisher based in India.

How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.

The outlet is headquartered in India and publishes an average of 319 news stories per day.

It's most recent story was published 2 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #25955850
  • URL: https://beamstart.com/news/state-survived-financial-crisis-welfare-1738909381

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.