𝐓𝐡𝐞 𝐌𝐨𝐧𝐞𝐲 𝐓𝐫𝐚𝐢𝐥
𝑭𝒐𝒓𝒕𝒏𝒊𝒈𝒉𝒕𝒍𝒚 𝒗𝒊𝒅𝒆𝒐 𝒎𝒂𝒈𝒂𝒛𝒊𝒏𝒆 𝒐𝒏 𝑬𝒄𝒐𝒏𝒐𝒎𝒚 𝒂𝒏𝒅 𝑭𝒊𝒏𝒂𝒏𝒄𝒆
By imposing unfair restrictions on the borrowing capacity of Kerala, the Union government has denied about 15000 crore in a single stroke. The State may get into serious financial trouble in the near future, jeopardizing many of its activities. Curiously, the off-budget borrowings which the Union Government cites as a reason are not taken into account in the case of the Union Government itself. Meanwhile, another State ruled by the opposition, Rajasthan, is surging ahead amidst the ‘concerns’ of neo-liberal economists about giving subsidies. It seems getting money into people’s hands has worked wonders.
𝑳𝒊𝒌𝒆, 𝑪𝒐𝒎𝒎𝒆𝒏𝒕, 𝑺𝒉𝒂𝒓𝒆 𝒂𝒏𝒅 𝑺𝒖𝒃𝒔𝒄𝒓𝒊𝒃𝒆!
