We were able to make payment of around Rs 26,000 crore despite Centre-state row: Kerala Finance Minister
Kerala Finance Minister KN Balagopal said that the state government has successfully completed the payments even though there were financial constraints, including the row between the state and the union government.
He visited the district treasury on the last day of the financial year.
He said, «Today, I am happy that we have successfully completed the payments even though we have financial constraints like the Supreme Court case is going on, a lot of arguments between State and Union government is taking place. We are deprived of the state share, a due share from the Union government. However, we were able to make the payment of more than Rs 25,000 crores. Around Rs 26,000 we are expecting this month.»
He said that last March the amount was Rs 22,000 crores.
«Payments to different areas and section has been successfully done,» he added.
Earlier, Union Finance Minister Nirmala Sitharaman launched an attack on the Communist Party of India (Marxist)-led government in Kerala during an election convention organised by the National Democratic Alliance (NDA) in Thiruvananthapuram on Thursday.
During her inaugural address, the Union Minister appealed to the people of Kerala to support the NDA candidates.
Stressing on the economic situation of Kerala, Nirmala Sitharaman said, «Kerala is on the list of the top five financially stressed states. This is not the mistake of the people. It is due to continuous poor governance and poor fiscal management. Kerala has borrowed around Rs 42, crore in the past six years. This
