Finance Minister K.N. Balagopal said Kerala was not moving towards debt trap.
Inaugurating the Pazhayangadi sub treasury building at Eripuram, he said government spending had increased over the past two to three years.
During the pandemic, there were food kits, medicines, and hospital expenses. Two packages worth ₹20,000 crore were implemented. A package of ₹5,800 crore was implemented for traders and retailers, he said. “It is because of such interventions that there were no starvation deaths in Kerala during the pandemic. This is administrative excellence, and the government will continue to spend more money on such initiatives,” the Minister said.
