The timing and scale of the welfare outlays suggest a strategic focus on broad demographic bases ahead of the upcoming Assembly polls. Kerala Finance Minister K N Balagopal on Thursday presented the State Budget for 2026–27, aiming to balance aggressive infrastructure development with a wide range of welfare enhancements. Additionally, the 'Connect to Work Scholarship Scheme' aims to benefit five lakh educated youths with an allocation of ₹400 crore. Infrastructure and the "take-off" economyDespite the heavy welfare focus, Balagopal insisted that Kerala is ready for a "take-off" into higher economic growth. For traditional sectors, the budget allocates:₹242.34 crore for traditional industries including handloom and cashew.