Kerala faces burden of ₹5.07-lakh crore liabilities; fiscal structure under ‘serious’ strain, says White Paper tabled by CM

Kerala's CM has tabled a White Paper highlighting the state's fiscal strain, with outstanding liabilities reaching ₹5.07-lakh crore. The document notes that committed expenditures and interest payments are also putting a significant burden on the state's finances. The CM has expressed concerns over the state's fiscal structure, describing it as 'serious'. The report aims to provide a comprehensive status of Kerala's fiscal health.

• Kerala's outstanding liabilities have reached ₹5.07-lakh crore.
• Committed expenditures account for 77% of the state's total revenue receipts.
• Interest payments constitute 20.9% of the state's total revenue receipts.

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