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He was responding to the allegations made by union minister V Muraleedharan.
It is a disturbingly known fact that the Government of Kerala is in serious financial distress. The situation is somewhat unprecedented in that the state, by definition, is already bankrupt because the government is unable to meet its payment obligations on time.
Several departments do not have funds to disperse pensions and other benefits to the poor and provide essential items to the citizens.
Minister VN Vasavan said that strict action will be taken against co-operative societies over irregularities.
Even though the first half of the financial year is over, the government has been able to spend only 26% of the funds earmarked for the different projects announced in the budget.
This is the first time the State government is being denied money by any bank.
In meeting convened by Chief Minister, finance department asked to allot Rs 50 crore to KSRTC each month;but just Rs 30 crore approved
It is learnt that the family took the drastic step due to inability to repay heavy debt.
Rajeswari is the mother of Jisha, the female law student who was killed on April 28, 2016, at Kuruppampady in the district.
The Centre not giving permission for foreign airlines to operate services is being cited as the primary reason for the crisis the airport is in at present.
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