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The Hindu
The Hindu
National
The Hindu Bureau

Centre yet to respond to Kerala’s request to exclude spending on NH land acquisition from borrowing limit

Kerala Nirmala Sitharaman NH Finance KN Balagopal

The Centre is yet to respond to the Kerala government’s request to exclude the share of the land acquisition cost for national highway (NH) development borne by it from the annual borrowing limit of the State.

Finance Minister K.N. Balagopal had conveyed Kerala’s requirement to Union Finance Minister Nirmala Sitharaman in person when he met her in New Delhi on October 7, 2023.

Mr. Balagopal said Kerala was yet to receive a response from the Centre on the matter.

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