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Kerala Government Bolsters Supplyco with ₹50 Crore to Stabilize Festive Season Prices

October 25, 2025
in National, Politics
Reading Time: 2 min

The Kerala government is making proactive moves to ensure that its citizens can enjoy the upcoming Christmas and New Year festivities without the worry of escalating prices for essential goods. An additional ₹50 crore has been sanctioned for the Kerala State Civil Supplies Corporation (Supplyco) to implement targeted market intervention programs.

Finance Minister K.N. Balagopal confirmed this extra allocation on Saturday, October 25, 2025, emphasizing that this amount is separate from and in addition to the regular budget provisions for Supplyco’s market intervention initiatives.

This new ₹50 crore infusion complements the existing budget for Supplyco’s price stabilization efforts. Previously, a sum of ₹250 crore from the 2025-26 Budget was already disbursed for market intervention schemes, particularly ahead of this year’s Onam season.

Highlighting the government’s consistent commitment, Minister Balagopal noted that in the fiscal year 2024-25, the state government had provided ₹489 crore to Supplyco, significantly surpassing its initial budget allocation of ₹250 crore.

Looking back over a longer period, from 2011-12 to 2024-25, a substantial total of ₹7,680 crore has been channeled to Supplyco for various market intervention activities. Of this, ₹410 crore was released during the United Democratic Front (UDF) administration, with the remaining ₹7,270 crore provided under the Left Democratic Front (LDF) rule, as stated by Mr. Balagopal.

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