The Department of Commerce, Sacred Heart College (Autonomous), Thevara, Kochi, has presented an in-depth study — “Kerala Fiscal Consensus Forum 2026–31: A Non-Partisan Academic Initiative” — to the Government of Kerala. The study offers a clear, evidence-based roadmap to strengthen Kerala’s fiscal health and ensure sustainable economic growth.
Academic Leadership and Government Collaboration
Dr. Tessa Mary Jose, Dean of Commerce, handed over the report to Hon. Chief Minister V.D. Satheesan, marking a milestone in Kerala’s academic-government collaboration. She was accompanied by Dr. Sajoy P B, Dr. Angel Blossom Gonsalvaz, and Mrs. Elsa George, who are faculty members of the department. The study underscores the commitment of Sacred Heart College to contribute meaningfully to the State’s development.
Key Highlights of the Study
- Fiscal Reform Blueprint: The study identifies Kerala’s critical fiscal inflection point and proposes actionable strategies to enhance revenue mobilisation and expenditure efficiency.
- Innovative Revenue Streams: Recommendations include introducing Kerala Diaspora Bonds and Municipal Bonds to attract investments from NRIs and local bodies.
- Non-Tax Revenue Optimisation: Suggests fee revisions, user charges for premium services, and asset monetisation to boost state revenues.
- Sustainable Fiscal Management: Advocates rationalising expenditure and protecting capital budgets to ensure long-term fiscal stability.
Media Spotlight
The initiative was featured in The Hindu on June 02, 2026 (Kochi Edition) under the headline:
“New study suggests measures to improve revenue mobilisation.”
The article praised the study’s non-partisan approach and its emphasis on broadening Kerala’s tax base and improving fiscal compliance. This academic initiative reaffirms Sacred Heart College’s mission to bridge academia and governance — fostering informed dialogue, innovative fiscal solutions, and sustainable growth for Kerala.
