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Kerala white paper flags Rs 5.07 lakh crore liabilities
The Hindu··4 Jun
A white paper tabled by Kerala Chief Minister V.D. Satheesan said the state's fiscal structure is under serious and growing strain, The Hindu reported. Outstanding liabilities stand at Rs 5.07 lakh crore, committed expenditure equals 77 percent of total revenue receipts, and interest payments consume 20.9 percent of revenue receipts. According to the fiscal document.
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