Kerala Chief Minister V.D. Satheesan supported the government’s emphasis on attracting private investment in the budget, stating it aimed to create jobs, boost economic growth, and fund welfare programs. Responding to criticism from the Leader of Opposition Pinarayi Vijayan, Satheesan clarified that the government had been transparent about its strategy. He highlighted the importance of private investment in generating employment, strengthening the economy, and aiding marginalized groups.
Satheesan emphasized the necessity of private investment for Kerala, citing the state’s financial constraints and the need for modern infrastructure. He refuted claims that the budget focused on privatization and challenged critics to identify any such provisions. The Chief Minister also introduced a system for monitoring budget implementation through performance audits, aiming to enhance accountability in project execution.
