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The Hindu
The Hindu
National
Special Correspondent

Thrust on core sectors, revival of economy

Governor Arif Mohammed Khan on Friday unveiled the State government's policy for 2022-23 that envisions over 10% growth in gross state domestic product (GSDP) during the fiscal and places thrust on expansion of agriculture and e-governance and promotion of a favourable climate for industrial growth.

The Governor's policy address to the Assembly, which marks the customary start to the Budget session but this time made amid a noisy boycott by the Opposition UDF, reiterated the State's financial concerns arising from the cessation of the Goods and Services Tax (GST) compensation after June and an impending reduction in the revenue deficit grant.

The policy address was staunchly critical of the Central government's stand on sharing tax revenues with the States, while underscoring the need to recognise cooperative federalism as ''our common, desirable goal.''

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