The Financial News

The Financial News

‘Young People Fleeing, No Jobs’: Can Congress-Led UDF Realistically Fix Kerala’s Fiscal Mess?


Congress-led UDF is set to form the next government in Kerala, but the biggest challenge ahead is fixing the state’s severely strained finances.Vijay’s TVK or not — focus is now on Congress’ ambitious 5 Guarantees: free bus travel for women, ₹1,000 monthly for college girls, higher welfare pensions, ₹25 lakh health insurance per family, and interest-free loans up to ₹5 lakh.Experts estimate these promises could cost the state around ₹25,000 crore — a massive burden for a government already struggling with high debt, 70% of revenue going into salaries & pensions, youth migration, and declining remittances.

#kerala #congress #cpim #elections #keralanews #keralapolitics #cong

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