During the policy address at the 13th session of the 15th Kerala Legislative Assembly, Governor Rajendra Arlekar provided a sobering analysis of Kerala's fiscal woes. He pinpointed the state government's inefficiency and overdependence on ceased GST compensation and dwindling central grants as the root causes. This revelation calls for a reconsideration of Kerala's fiscal strategies and aims to highlight the necessity for states to adopt more sustainable financial models without relying heavily on central funding.
Kerala's Financial Mismanagement Exposed Amidst GST Compensation Conclusion: Governor's Insight
All Versions
The 13th session of the 15th Kerala Legislative Assembly began with Governor Rajendra Arlekar's policy address. He emphasized financial challenges due to reduced central grants and GST compensation cessation. The state plans to focus on infrastructure, educat…
In the opening speech of the 15th Kerala Legislative Assembly's 13th session, Governor Rajendra Arlekar shed light on the state's worsening financial situation, attributing it to the central government's refusal to extend GST compensation. This policy shift, he asserts, disproportionately affects states committed to public welfare and social infrastructure development, highlighting the central authorities' indifference to equitable growth.