White paper paints grim picture of Kerala finances | Thiruvananthapuram News
Chief minister V D Satheesan presenting the White Paper on Thursday Thiruvananthapuram: The UDF govt inherited outstanding liabilities of Rs 5.07 lakh crore, equivalent to 35.5% of Kerala’s gross state domestic product (GSDP), along with accumulated payment arrears of Rs 48,733 crore, according to a fiscal status report tabled in the assembly by chief minister…