Thiruvananthapuram, June 4 (IANS) Presenting a grim picture of Kerala’s financial position, Chief Minister V.D. Satheesan on Thursday said the state was facing a severe fiscal challenge due to absolute mismanagement of public finances and warned that the new government would have to undertake major corrective measures to restore stability.Tabling a White Paper on the financial status of the state in the Assembly, Satheesan later told the media that the document was not an investigation report …
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