Kerala Budget 2024-25| State to attract investment in higher education sector

Kerala Finance Minister K.N. Balagopal presented a friendly Budget on Monday by not slapping any fresh taxes.

The announcement of ₹1,032 crore for public education will provide a much-needed fillip to the public education sector that has been seeing a revival during the past few years. It also provides an impetus to the overarching social sector development theme which has been the game-changer for Kerala for an even longer time. It is the right step in the right direction to take the world renowned ‘Kerala Model’ forward.

A model school in each district will work as a key factor in transforming the State’s education sector. The budgetary allocation of ₹155 crore to provide free uniform to schoolchildren is another announcement that needs appreciation. Above all, the allocation of ₹456 crore for paving the way for people’s contribution to strengthening the State’s higher education sector is another welcome announcement in the Budget. But we may have to see the final blueprint to understand how the idea will transform into solid policy action.