Kerala had a cushion that was hiding its fiscal crisis. UDF’s white paper uncovers it
According to its report, "Kerala's Fiscal Health: A Status Report," the state's outstanding liabilities amount to Rs 5.07 lakh crore. Although this figure has dominated media coverage, it should not be the primary concern for economists. The critical figure is as follows: In 2025, Kerala engaged in borrowing from the Reserve Bank of India under the Ways and Means Advances…
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