{"id":4677,"date":"2024-06-14T01:41:08","date_gmt":"2024-06-14T01:41:08","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=4677"},"modified":"2024-06-14T01:41:08","modified_gmt":"2024-06-14T01:41:08","slug":"keralas-total-debt-stands-at-332291-crore-state-finance-minister-kn-balagopal","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/keralas-total-debt-stands-at-332291-crore-state-finance-minister-kn-balagopal\/","title":{"rendered":"Keralas total debt stands at 3,32,291 crore: state finance minister KN Balagopal"},"content":{"rendered":"<p>The state<u>finance minister<\/u>informed the assembly that the total debt of<u>Kerala<\/u>stood at Rs 3,32,291 crore; the liability doubled during the 2015-16 period. However, despite the pandemic situation here, the <a href=\"https:\/\/exam.pscnotes.com\/growth\">Growth<\/a> rate was 88.66% in <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> 2020-21 compared to that of 2015-16.<br \/> In the absence of finance ministerKN Balagopal, ministerK Radhakrishnangave replies to queries. He said that despite all financial constraints, the  did not compromise on development projects and welfare schemes.<\/p>\n<p>The Centre had provided a loan of Rs 1,471 crore during the 2019-20 period and had increased the borrowing limit in the subsequent two financial years. The negative growth during the pandemic was the key reason for the present financial crisis. Earlier, the Centre had <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> cut down the borrowing limit of the state and only during the pandemic a relaxation was given.<\/p>\n<p>During the pandemic, the borrowing limit was increased to 5% from 3% of GSDP. The minister said the unscientific implementation of GST has severely affected the tax revenue of states and the state has been exerting pressure on the Centre to continue the disbursement of GST compensation to all states.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The statefinance ministerinformed the assembly that the total debt ofKeralastood at Rs 3,32,291 crore; the liability doubled during the 2015-16 period. However, despite the pandemic situation here, the Growth rate was 88.66% in 2020-21 compared to that of 2015-16. In the absence of finance ministerKN Balagopal, ministerK Radhakrishnangave replies to queries. He said that despite &#8230; <a title=\"Keralas total debt stands at 3,32,291 crore: state finance minister KN Balagopal\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/keralas-total-debt-stands-at-332291-crore-state-finance-minister-kn-balagopal\/\">Read more <span class=\"screen-reader-text\">Keralas total debt stands at 3,32,291 crore: state finance minister KN Balagopal<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1099],"tags":[605],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Keralas total debt stands at 3,32,291 crore: state finance minister KN Balagopal - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/keralas-total-debt-stands-at-332291-crore-state-finance-minister-kn-balagopal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Keralas total debt stands at 3,32,291 crore: state finance minister KN Balagopal\" \/>\n<meta property=\"og:description\" content=\"The statefinance ministerinformed the assembly that the total debt ofKeralastood at Rs 3,32,291 crore; the liability doubled during the 2015-16 period. However, despite the pandemic situation here, the Growth rate was 88.66% in 2020-21 compared to that of 2015-16. In the absence of finance ministerKN Balagopal, ministerK Radhakrishnangave replies to queries. He said that despite ... 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However, despite the pandemic situation here, the Growth rate was 88.66% in 2020-21 compared to that of 2015-16. In the absence of finance ministerKN Balagopal, ministerK Radhakrishnangave replies to queries. He said that despite ... 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