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Sunday, Jun 22, 2025
Last fiscal, the state's own revenue had increased by Rs 17,000 crore.
This is because the Central Government has considered the KIIFB loans as part of borrowings availed by the State Government and capped the loan ceiling of the state accordingly.
But Kerala's Finance Minister keeps lamenting about the 24k crore that the Centre has supposedly held back.
Balagopal wants the LDF government to be seen as the victim of the BJP's authoritarian tendencies.
Kerala Chief Minister Pinarayi Vijayan had inaugurated the school building via online on February 11, 2021, in the presence of two ministers.
Isaac says the loans are taken for meeting capital expenditure to enhance critical infrastructure and welfare schemes benefitting the masses.
RBI made party in case | ED directed to issue notice to central bank | The petitions will be heard next on November 15.
Almost Rs 1,236 crore has been hitherto spent by the State Government for land acquisition. It is estimated that another Rs 1,300 crore is needed for completing the acquisition work.
The summons were issued as part of its probe into alleged violations in the financial dealings of KIIFB when he was the state Finance Minister in the previous LDF government.
Isaac has sought the quashing of the two summons issued in connection with the dealings of KIIFB.
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