Financial Crisis

June 23, 2024

Union Budget: Kerala Finance Minister seeks Rs 24,000 cr special package, nod for SilverLine project

Balagopal highlighted that Kerala, which has been grappling with the aftermath of repeated floods and the COVID-19 pandemic, is facing significant liquidity stress.

May 06, 2024
Kerala's revenue dips by over Rs 10,000 crore during FY 2023-24

Even as the State has been crying foul over the Centre lowering the borrowing limit, Kerala availed a loan of Rs 7,389 crore more than it had availed in the previous fiscal.
March 12, 2024
Supreme Court asks Centre to provide financial relief package to Kerala

The demand in the petition is for immediate permission to take a loan of Rs 24,000 crore. However, this was denied citing the petition.
March 08, 2024
Kerala can't borrow additional amount of Rs 19,370 cr, asserts centre

The state requested the centre to rectify an error in the calculation of the borrowing space.
March 08, 2024
No salary since January, NHM staff to go on strike

The staff has threatened to take out a “non-cooperation protest” from March 10.
March 06, 2024
No relief in sight for Kerala's salary crisis; SC to hear state’s case on borrowing limit

The only group of employees who received their full salary were the Secretariat staff.
March 06, 2024
SC allows cash-starved Kerala to borrow Rs 13,608 crore this fiscal

The court emphasized the importance of mutual trust between the Center and Kerala, while also indicating that Kerala should not withdraw its petition in the matter.

Financial Crisis

Union Budget: Kerala Finance Minister seeks Rs 24,000 cr special package, nod for SilverLine project

Kerala's revenue dips by over Rs 10,000 crore during FY 2023-24

Supreme Court asks Centre to provide financial relief package to Kerala

Kerala can't borrow additional amount of Rs 19,370 cr, asserts centre

No salary since January, NHM staff to go on strike

No relief in sight for Kerala's salary crisis; SC to hear state’s case on borrowing limit

SC allows cash-starved Kerala to borrow Rs 13,608 crore this fiscal

Govt employees to go on hunger strike from Monday over delay in payment of salary

Centre settled only tax share due, not financial assistance to Kerala: Minister Balagopal

Kerala desperately awaits for loan from centre as income-expense gap widens