From fiscal fire-fighting to growth strategy | Thiruvananthapuram News

Thiruvananthapuram: The White Paper on Kerala’s finances tabled by chief minister V D Satheesan in the assembly on Thursday argues that the state’s fiscal crisis cannot be resolved through expenditure compression alone. It calls for a broad restructuring of governance, public finance and economic policy to restore growth, investment and employment. In the chapter titled…

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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…

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