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Pension hike, laptops in every home: Isaac 'sets the record straight' in Kerala budget

Finance minister Thomas Isaac presented the last budget of the incumbent govt

thomas-isaac Kerala finance minister Thomas Isaac presenting the state budget on Friday | ANI Twitter

Setting record with the lengthiest ever budget presentation in the Kerala assembly, finance minister Thomas Isaac on Friday unveiled a welfare budget, which could be dubbed a mini-manifesto, ahead of the upcoming state elections. Higher education and employment along with social welfare measures were the highlights of the final budget of the Pinarayi Vijayan government. 

Eight lakh new job opportunities and 20 lakh people to be given employment in five years through digital platforms were just a few promises Isaac made during his presentation. 

The finance minister proposed a slew of welfare measures to breathe life into the state's economy reeling under the pandemic strain. The following are the key announcements made by Isaac on Friday: 


Welfare pensions, currently at Rs 1,500, to be raised to Rs 1,600 from April.

Rs 3,000 pension for NRKs who are back home. 

Pension for journalists and non-journalists to be hiked by Rs 1,000.


Floor price of rubber raised to Rs 170.

Procurement price of paddy increased to Rs 28. 

Procurement price of coconut increased to Rs 32.

Rs 90 per kg floor price for Wayanad Brand coffee, to be launched next month.

Rs 116 crore for paddy development schemes.


4,000 new posts in the health sector.

Skill mission to provide and improve skills to 50 lakh youth. 

Laptops at half price for poor families. 

Rs 20 crore allotted to support work-near home initiatives.


Rs 2,000 crore for infrastructure development in universities. 


Renovation of 4,830 km of roads to be completed.

KIIFB to allocate Rs 300 crore for Wayanad Medical College.

KFC to provide loans at 7 per cent to buy e-vehicles.

Charging stations to be set up for e-vehicles.

Land takeover for the Thiruvananthapuram- Kasaragod Silver Line project to begin in 2021-22.

Petta - Tripunithura stretch of the Kochi Metro to be completed in 2021-22.

Food and subsidy

50 lakh families to get extra 10kg rice at Rs 15 per kg. 

Local governance

Local self-governments to get Rs 10,000 crore in 2021-22. 

Honorarium for local self government members hiked by Rs 1,000.


'Karunya At Home' project to deliver medicines for senior citizens. 

State Health Agency to implement Karunya Benevolent Fund.

Rs 32 crore for Homeopathy sector.

Psycho-social counsellors in schools to get honorarium of Rs 24,000.

Free treatment for accident victims for the first 48 hours.


11,000 additional prizes for weekly lotteries. However, Kerala not to allow lottery ticket sales from other states. 

State government employees

Salary revision of state government employees from April.

Salary arrears to be paid in three instalments.

Two DAs will be merged with the Provident Fund. 


Women journalists to get residential facility in Thiruvananthapuram.

Rs 3 crore to support women filmmakers. 

Rs 1,000 salary hike for ASHA workers.


40,000 Scheduled Caste families and 12,000 Scheduled Tribe families will be given homes under Life Mission in 2021-22.

Rs 2 crore for tribal filmmakers.


Rs 52 crore allocated to the handloom sector. 

Rs 40 crore allocated to Kerala Innovation Challenge.

K-Fone to be launched in February.

Rs 200 crore allotted to K-DISC.

Start-ups to get preference in Kerala government projects.

Kerala will be doing away with the flood cess after July, 2021. The state's GST revenue has not increased as expected, said Isaac. He also criticised the three contentious farm laws, against which farmers were agitating in New Delhi and the alleged "neo liberal" policies ofthe Centre. 

Though the Budget proposed projects for the upcoming financial year, a vote on account will be passed for four months as the current government's term ends in May. 

(With inputs from Onmanorama)

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