The Kerala government is stepping up its efforts to ensure that the festive spirit of Christmas and New Year remains bright, free from the burden of escalating prices. They’ve just approved an additional ₹50 crore allocation for the Kerala State Civil Supplies Corporation (Supplyco). This vital funding is specifically earmarked for market intervention programs, designed to keep a tight check on the cost of essential commodities during the upcoming holiday season.
Kerala’s Finance Minister, K.N. Balagopal, confirmed this fresh sanction on Saturday, October 25, 2025. He clarified that this ₹50 crore is a supplementary grant, provided over and above Supplyco’s regular budget allocation for market stabilization initiatives. Notably, the annual budget for 2025-26 had already set aside ₹250 crore for such schemes, a sum that was fully released earlier this year to support market interventions during the Onam festival.
Balagopal highlighted the state’s consistent commitment to price stability, pointing out that in the previous fiscal year (2024-25), the government had disbursed a significant ₹489 crore to Supplyco. This figure far exceeded the initial budget allocation of ₹250 crore, demonstrating a flexible and responsive approach to market needs.
Reflecting on a longer trend, the Finance Minister revealed that from the fiscal year 2011-12 up to 2024-25, the Kerala government has injected a substantial ₹7,680 crore into Supplyco for various market intervention efforts. A detailed breakdown showed that ₹410 crore was allocated during the United Democratic Front (UDF) administration, while a much larger sum of ₹7,270 crore was provided under the Left Democratic Front (LDF) government, underscoring the scale of support extended to maintain affordable prices for citizens.