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The Hindu
The Hindu
National
The Hindu Bureau

Efficient management helped Kerala overcome fiscal pressures, says K.N. Balagopal

KN Balagopal Kerala Finance

Efficient financial management and a record increase in the State’s own revenues helped Kerala withstand fiscal pressures in the 2023-24 fiscal, Finance Minister K.N. Balagopal said on Saturday.

Speaking to reporters here after visiting the treasury on Saturday, the last working day of the 2023-24 fiscal, Mr. Balagopal said the government had made payments to the tune of ₹26,000 crore in March to various sectors. The figure had been close to ₹22,000 crore in March 2023. The annual spending in 2023-24 is also likely to be higher than the previous fiscal, he said.

On Union Minister’s charge

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