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KERALA DEBT BURDEN
CM Satheesan says budget will reflect new govt's vision despite resource crunchKerala's new government faces a tough financial situation. Chief Minister V D Satheesan revealed the upcoming budget will be prepared with ...- Kerala government forms four member expert panel to examine high-speed rail proposalKerala government has formed a four member expert committee to study a proposed high-speed rail corridor. The corridor would connect Thiruv...
- Kerala CM Satheesan tables white paper, flags debt burden; Opposition hits backKerala's budgetary practices are facing intense analysis. A recent white paper discloses staggering liabilities amounting to ₹5.07 lakh cro...
- Spicier than jhalmuri: The Rs 1.7 lakh crore fiscal bite hidden in state election resultsWhat looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern aft...
- Kerala win will bolster Congress in South: SatheesanKerala's Opposition leader VD Satheesan predicts a United Democratic Front win in the upcoming assembly election. He expects over 100 seats...
- BJP will probe graft, recover ‘every penny’ if voted to power in Kerala: ModiPrime Minister Narendra Modi alleged that both the ruling LDF and previous UDF governments in Kerala are corrupt, citing the state's rising...
- Bihar, Kerala, Punjab, Rajasthan and WB most stressed fiscally: RBIFive states, namely, Bihar, Kerala, Punjab, Rajasthan, and West Bengal, figure among the most stressed states fiscally, as per a Reserve Ba...
- Citing Sri Lanka, RBI paper warns of stress building up in states; cautions against freebiesObserving that the slowdown in own tax revenue, a high share of committed expenditure and rising subsidy burdens have stretched state gover...
- Opposition ruled states likely to reject Centre’s GST optionsBihar is likely to borrow through the Reserve Bank of India window “as it seems to be the best option.”
- Farm loan waivers to have minimal impact on state deficits: India RatingsThe ratings firm expects the aggregate fiscal deficit of states to come in higher at 3.2% in FY'20 than the agency’s forecast of 2.8% in it...
- Jagatjit Industries to refinance Rs 265-cr debt to clear dues, push growthDespite the new infusion, the total company debt remains unchanged from last year, but at the same time, we have significantly reduced the ...
- Demand in Rajya Sabha to set up state Finance Ministers panel on debt burdenThe Finance Minister also emphasised that two-thirds of the Central Sales Tax amount has been provided to states and the remaining one-thir...
- ONGC to start drilling in Kerala-Konkan coast in Feb 2014ONGC had conducted extensive exploration work on the Kerala-Konkan coast in the past few years, but there has been no commercial discoverie...
- Window available to give moratorium: Amit MitraWest Bengal finance minister Amit Mitra believes that his counterpart in the UPA government, Pranab Mukherjee can work out a scheme to offe...
- Kerala HC issues notices to union, state governments on debt-ridden farmers' suicidesHC issued notices to the central, state governments to provide financial aid to debt-ridden farmers.
- Nearly half the farmer households in debts: ReportAn NSSO report on 'Indebtedness of Farmers Household' has reported that of 89.35 million farmer households, about 43.42 million (48.6%) wer...
- Kerala lives on borrowed money, debt trebles in 10 yrsKerala's overall debt, comprising internal debt, small savings and provident fund, and loans and advances from the centre have ballooned fi...
- In shadow of 'capitalist crisis', Kerala foresees tough times
- Gujarat among top 6 highly indebted states: FMRubbishing Modi-government's claim of a higher growth rate, Union Finance minister P Chidambaram on Friday said, that Gujarat is one among ...
- Gujarat among top six highly indebted states: ChidambaramRubbishing Modi-government's claim of a higher growth rate.
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