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Sunday, Jun 8, 2025
A decision in this regard was taken in a cabinet meeting the other day following apprehensions that the financial crunch would soon result in the state struggling, even, to find resources to meet day-to-day expenses.
Eligible farmers are provided with a maximum debt relief of Rs 2 lakh through the Debt Relief Commission for loans availed by them from cooperative banks and societies.
A survey by Kerala Independent Farmers Association has found an increase of 2 per cent in debt burden and the average debt per farmer has more than doubled in 3 years.
Minister Antony Raju also said that the government was providing funds for payment of salaries of the employees.
For the five most indebted states of Bihar, Kerala, Punjab, Rajasthan and West Bengal, the debt stock is no longer sustainable, as the debt growth has outpaced their GSDP in past 5 years.
There are numerous examples of countries, developed and developing, which are economically fragile that have become even more fragile, courtesy, China's One Belt One Road initiative
Becker, who was declared bankrupt in June, 2017, is also accused of not complying with obligation to disclose information.
The six-times Grand Slam winner won 49 titles and more than 20 million euros in prize money during his career.
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