Keralam records 27% growth in GST collections, revenue touches ₹3,689 crore

Describing the performance as a positive indication of the state's improving revenue position, Satheesan highlighted the growth in GST collections and said Keralam was moving in the direction of stronger financial self-reliance.

According to the figures highlighted by the Chief Minister, the latest monthly collection represents a substantial increase over the corresponding period last year. The 27 per cent growth also reflects the importance of strengthening tax administration and improving revenue mobilisation.

The accompanying report indicates that Keralam's GST revenue has been on an upward trajectory, with the state seeking to improve its own-source revenue and reduce dependence on external financial assistance.

Satheesan said the government remained committed to building a prosperous and self-reliant Keralam. The latest revenue figures, he suggested, were an encouraging development in the state's efforts to strengthen its financial position and support its development priorities. The 27 per cent growth figure and ₹3,689-crore collection are based on the figures shared by the Chief Minister.