No financial crisis in Kerala: Oomen Chandy
Thiruvananthapuram: Kerala Chief Minister
Oommen Chandy on Wednesday rejected reports that the state was facing
a financial crisis and said the government is in the process
of increasing revenue collection and reducing expenses.
Asked for his reaction to reports that the state has
borrowed Rs 2,000 crore from the open market, he told
reporters during his cabinet briefing that there was nothing
unusual in it.
"The state took only the eligible credit limit sanctioned
by the Centre," Chandy said.
"The government while trying to increase revenue
collection is also reducing expenses other than on development
and welfare schemes," he said.
Chandy said he would leave for Delhi on September 22-23 to
take up with the Centre pending development projects and
various issues connected with the state.
For more news in Malayalam, click www.zeemalayalam.com
More from India
More from World
More from Sports
More from Entertaiment
- Delhi Police arrests AAP MLA in the middle of press conference
- Pak grants 91-year-old Indian's last wish - a trip to his ‘ancestral home’
- Bihar: Acid attack on girl in Aurangabad district, victim critical
- MP: Dalit families migrating from village due to hooligans
- Is there any political clash between Akhilesh Yadav and Shivpal Yadav?
- Was Test captain Virat Kohli overruled by BCCI, CAC in India coach appointment?
- Swami Prasad Maurya is a traitor: Mayawati
- Gold slips from 26-month high, down Rs 485 on fall in demand
- Watch this video! Your stomach will churn as man puts 2 live vampire bats in mouth
- WATCH: On this day in 1983, Kapil Dev's India were crowned world champion