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A committee recommended a forensic audit of KIIFB, raising concerns about its financial credibility and prompting a restructuring committee. Despite some lapses, KIIFB has a notable record in infrastructure development.
A proposed amendment to UPI transaction charges sparked debate, though the Finance Minister clarified levies would only apply to large-value transactions. UPI, a globally recognised Indian payment system, remains free, fostering innovation and competition.
Kerala's reservoirs face reduced capacity due to decades of silt, impacting flood control, irrigation, and hydropower, necessitating systematic desilting and dredging as a vital investment.
The Centre for Advanced Financial Research and Learning (CAFRAL), set up by the Reserve Bank of India in 2011, has emerged as an important policy research and capacity-building institution for the financial sector. Over the years, it has made valuable contributions in areas such as board
Kerala faces power supply issues due to imported electricity reliance, resistance to thermal/nuclear projects, and insufficient storage for solar power, exacerbated by policy failures in long-term planning and PPA management.
The controversy over the proposed investment by Mediterranean Shipping Company (MSC) in Adani Vizhinjam Port Pvt. Ltd. and the market response expected to the initial public offering (IPO) of SBI Funds Management Ltd., in which the French multinational Amundi holds about one-third equity, present a
Kerala's political controversy over a US$1.5 billion shipping investment stems from ideological unease with private capital rather than factual concerns, as the state retains control and benefits from increased project valuation.
India's Reserve Bank has demonstrated innovation and agility in managing economic challenges, particularly through its latest initiatives on FCNR deposits and external commercial borrowings, attracting significant inflows.
A weak monsoon threatens Indian agriculture, impacting farm incomes. While food reserves are adequate, water security remains a gamble due to insufficient irrigation, inefficient usage, silted reservoirs, and neglected water systems.
At the base of Kerala's public finances lies a fragile tripod: slower-than-national-average economic growth, weaker tax buoyancy and an expanding welfare commitment. The challenge for any Finance Minister is how to reconcile these three forces within the fiscal constraints imposed on State
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