Top
Begin typing your search above and press return to search.
keyboard_arrow_down
Login
exit_to_app
Stan Swamy needs a straw to drink water
access_time 2020-11-28T15:41:03+05:30
The unwritten gospel of Argentina
access_time 2020-11-27T17:18:41+05:30
The soccer wizard with a political streak
access_time 2020-11-27T11:28:29+05:30
General strike should be a wake-up call
access_time 2020-11-25T11:21:39+05:30
Fearless journalism
access_time 2020-11-23T16:08:15+05:30
exit_to_app
Homechevron_rightKeralachevron_rightHuge hole in central...

Huge hole in central grants will affect state budget

text_fields
bookmark_border
Huge hole in central grants will affect state budget
cancel

Thiruvananthapuram: The state budget will be in the red as a result of 5000 crore cut in the central grants to Kerala.

The crisis could be tided over only through cutting on expenditure as well as finding new sources. Or the budget which has been already prepared needs to be revamped.

The finance department is in dilemma over how to tackle the situation.

The hope for extending the credit limit of the state has fallen through.    

Another demand to meet the same fate was specially considering the loan from World Bank and other agencies. This has been included in the state’s credit limit, making it hard availing developmental loans.

Show Full Article
TAGS:
Web Title - Huge hole in central grants will affect state budget
Next Story