ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Kerala: In a Debt Trap

In a Debt Trap The southern states of Karnataka, Kerala, Tamil Nadu and Pondicherry, all have revenue deficits in excess of 50 per cent of the gross fiscal deficit. Kerala, in particular, has been plagued by a revenue deficit that is around 80 per cent of the fiscal deficit. This means, specifically in the case of Kerala, that recurring and non-productive expenses generate the bulk of the state

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top