Kerala Budget session: Rs 14,500 crore welfare boost—key points

Kerala’s finance minister presented a people-focused budget for 2026-27, allocating Rs 14,500 crore for social security and community programs. Key announcements include the formation of the 12th Pay Revision Commission and the Assured Pension Scheme, replacing NPS for eligible employees. The budget also boosts honorariums for ASHA and Anganwadi workers, and allocates funds for infrastructure projects like the RRTS.