Kerala government will host a interstate conclave with five opposition ruled states to discuss the their fiscal needs in the upcoming 16th Finance Commiission, state Finance Minister KN Balagopal said on Thursday. Besides the left ruled Kerala, AAP ruled Punjab, DMK governed Tamil Nadu an
On the other hand, Kerala Chief Minister Pinarayi Vijayan hit out at Finance Minister Nirmala Sitharaman, alleging that the budget exhibits a discriminatory attitude towards the states, particularly, Kerala.
Kerala Finance Minister KN Balagopal said that the state government has successfully completed the payments even though there were financial constraints, including arguments between the state and union government.
Amid the ongoing tussle between non-BJP states and the Centre over the tax devolution mechanism, Kerala Finance Minister KN Balagopal on Saturday expressed concerns saying there has been a reduction in the percentage of funds that the soutern is getting from the Centre.
"We presented this Budget in a situation when the Union government's attitude affected our finances. There is also a trend of nationawide slowdown for many reasons. In such a situation, we had to improve our economic activity," Balagopal said speaking to ANI.
"The Kerala budget presented in the State Assembly is a big farce...The state has no realistic plans for improving the capital expenditure and financial status of the state...But they have no hesitation in spending half a crore on agitation in Delhi," said Union Minister and BJP leader V Mur
" Instead, we should strive forward with the strong sentiment of "Thakarilla Keralam, Thalarilla Keralam, Thakarkkanavilla Keralathe" ("Kerala will not be shattered, Kerala will not tire, Kerala cannot be destroyed"). The Government will provide leadership in taking forward our achievements
"Kerala is planning to bring some out-of-the-box programs for a giant move. We are expecting to attract Rs 3 lakh crore investment. We have also announced interim packages as well as long-term packages. Fast-growing sectors like Tourism, Vizhinjam Port, Kochi Port and Kochi Industrial Corrid
"The Centre is giving a very small amount. Is this a slave-owner relationship? More than 5000 crores have to be given. They are not paying it for various reasons," the state Finance Minister said.
"Kerala Finance Minister KN Balagopal has completely failed in the management of finance source of Kerala. Actually speaking Kerala is now in debt trap. The government has no idea how to get over it. The wasteful expenditure has not been corrected. Corruption is one of the major issues in th