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In other words, Balagopal was using fiscal numbers that existed in the 1980s to extrapolate a figure for 2024.
By unreservedly wooing private capital, the Kerala budget has offered the first draft of the CPM plan to jettison Left ideals and embrace neoliberal thinking.
The budget expects a revenue of Rs 1,38,655 crore and expenditure of Rs 1,84,327 crore.
Sitharaman did not find the Bishop's offer hard to refuse and failed to address the Kerala rubber sector's nightmare of unrestricted imports of natural rubber.
Moreover, the Reserve Bank of India (RBI) has stopped monetising the government deficit long ago.
The government itself has admitted to the crisis and added that the coming financial year would be worse.
In October 2022, Justice VG Arun stayed further issuance of summons against KIIFB and Dr Thomas Issac for two months.
Perumbalam is the largest island panchayat in Kerala.
By speaking for all the states in the country, the CPM is also positioning itself as one of the sharpest voices in the anti-BJP coalition that is emerging.
Finance Minister KN Balagopal sheds light on how he plans to navigate multiple challenges in the annual budget, set to be presented on February 5