K N Balagopal: Denial of central grant hit Kerala’s finances, says former minister KN Balagopal | Thiruvananthapuram News
THIRUVANANTHAPURAM: Former finance minister K N Balagopal has said that the state had expected to receive a substantial Revenue Deficit Grant (RDG) when the 16th Finance Commission submitted its report, adding that the denial of the grant has affected the state’s financial calculations.Balagopal said that if grants had been allocated to states following the pattern…