Revenue Deficit

Most of revenue deficit carried over from previous years: Kerala Finance Minister

September 16, 2023

Most of revenue deficit carried over from previous years: Kerala Finance Minister

He rejected reports in certain quarters raising concerns about the government's failure to collect tax arrears, calling them baseless.

January 03, 2023
Explained | Is Centre squeezing Kerala dry as finance minister Balagopal claims?

Balagopal wants the LDF government to be seen as the victim of the BJP's authoritarian tendencies.
October 22, 2020
Kerala faces record fiscal deficit in wake of COVID outbreak

The fiscal deficit is the difference between the total income of the government and its total expenditure. Usually, this is below 20 per cent.
February 03, 2020
Give Rs 15,323 crore to Kerala from central kitty: Finance Commission

The 15th Finance Commission has recommended to the Union government that Kerala be given Rs 15,323 crore out of its tax revenues to meet the latter's estimated revenue deficit for the financial year 2020-21.
December 04, 2019
With revenue deficit hitting Rs 20,000 cr, Kerala govt runs out of money

With the GST compensation and Kerala's share of integrated GST being withheld by the Centre, the state government is groping in the dark for finding funds to pay welfare pension and advance salaries to be distributed before Christmas.
January 19, 2019
PM Modi's pre-election sops may cost Rs 1 trillion

Much of the cost of the extra spending or revenue losses would have to be borne by the government that will take charge after the election due by May.