Kerala FM Warns: Union Budget Indicates Recession Amid Funding Cuts
Published on: Feb. 3, 2026, 7:04 p.m. | Source: Devdiscourse
Kerala Finance Minister K N Balagopal voiced concerns over India's economic trajectory, suggesting the Union Budget points to a looming recession. He cited insufficient revenue growth, decreased sector funding, and international tariff pressures as compounding issues, emphasizing potential impacts on both state and national economic stability.
