Kerala Finance Minister K.N. Balagopal reaffirmed the state’s commitment to sustaining its expansive welfare framework while maintaining fiscal prudence. In a recent interaction, Balagopal emphasized that Kerala’s welfare schemes are not merely social expenditures but strategic investments aimed at human capital development and inclusive growth. Despite fiscal pressures from declining central transfers and mounting liabilities, the government remains steadfast in protecting programs targeting education, healthcare, and social security.