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Kerala Budget highlight: Balagopal bets big on edu, research, tech and jobs


Published on 2025-02-07 04:42:17 - onmanorama
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  • Finance Minister K N Balagopal emphasised on technology, research, jobs, and education, positioning the state as a knowledge powerhouse. Here are key allocations and initiatives that could fuel the state's knowledge economy vision.

The Kerala Budget 2025, presented by Finance Minister K.N. Balagopal, emphasizes a significant focus on technology and innovation to drive economic growth. Key highlights include the establishment of a Digital Science Park in collaboration with the IT industry, aimed at fostering research and development in digital technologies. The budget also allocates funds for the 'Work Near Home' initiative to promote remote working, and introduces a new policy to encourage private sector investment in IT infrastructure. Additionally, there are plans to enhance digital literacy through programs like 'Vijnana Keralam' and to support startups with a new venture capital fund. The budget also proposes measures to improve digital connectivity in rural areas and to develop a cybersecurity framework to protect digital assets.

Read the Full onmanorama Article at:
[ https://www.onmanorama.com/news/kerala/2025/02/07/kerala-budget-2025-tech-focus.html ]
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