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State govt seeks special packages at Centre's pre-budget consultation
The New Indian Express Kannur
|December 22, 2024
A special package of ₹24,000 crore and ₹2,000 assistance for Wayanad rehabilitation were among the demands made by the state at the pre-budget consultation held by the Union government.
The state is fiscally stressed due to the cut in central transfers, stoppage of GST compensation and revenue deficit grant, Finance Minister K N Balagopal told the meeting. The curtailing of normal borrowing ceiling added to the state's financial woes, he said.
This story is from the December 22, 2024 edition of The New Indian Express Kannur.
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