Thiruvananthapuram, June 4 (IANS) Kerala’s new government has inherited a severe financial challenge, with the state facing outstanding liabilities of Rs 5.07 lakh crore, committed expenditure eating up 77 per cent of total revenue receipts, and interest payments alone consuming nearly 21 per cent of revenue, according to the White Paper on the state’s finances tabled in the Assembly on Thursday.The Status Report on Kerala’s fiscal health, presented by Chief Minister V.D. Satheesan, said t…
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Thiruvananthapuram, April 24 (IANS) The political sparring between the ruling Bharatiya Janata Party and the CPI(M) in the Thiruvananthapuram Corporation intensified on Friday, with State Education Minister V. Sivankutty launching a sharp attack on the BJP-led civic administration over alleged “governance failures”.The remarks come months after the BJP made history by wresting control of the Corporation in the 2025 December local body polls, ending over four decades of Left dominance.Since then,…
Thiruvananthapuram, March 4 (IANS) The Union Finance Ministry has approved special assistance of Rs 360 crore to Kerala under the Compliance Reduction & Deregulation (Phase-I) component of the Special Assistance to States for Capital Investment (SASCI) scheme, endorsing the state’s structured push to ease regulatory burdens and improve its investment climate.The amount will be released in a single instalment, marking a significant recognition of Kerala’s reform-led governance model aimed a…