Kerala's central tax share declines, raises concerns

Kerala Chief Minister Pinarayi Vijayan announced plans to turn 410 Expressions of Interest from the recent investment summit into actual investments, totaling Rs 1.65 trillion. He emphasized the state's commitment to fostering both private and public sector growth. Vijayan expressed concern over Kerala's declining share of central taxes, which has dropped from 3.875% to 1.925% since the 10th Finance Commission. He highlighted the state's efforts to fund infrastructure projects through the Kerala Infrastructure Investment Fund Board. The CM also addressed women's safety, noting initiatives like "Pink Patrol" and "Ente Koodu." He stated that Kerala is the only state with a Gender Budget, allocating 20.8% of its total plan outlay to support women's safety and security.