The report places considerable emphasis on Kerala’s outstanding liabilities. But the rising debt was largely a product of the Covid-19 pandemic, when the State made full use of the higher borrowing limit allowed by the Union
Kerala’s fiscal status report: Its politics and economics
The report places considerable emphasis on Kerala’s outstanding liabilities. But the rising debt was largely a product of the Covid-19 pandemic, when the State made full use of the higher borrowing limit allowed by the Union
Published: 13 June 2026
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