The Congress-led United Democratic Front (UDF) Opposition walked out of the Assembly on Thursday accusing the State government of stopping budgetary support for the Kerala Social Security Pension Limited (KSSPL).
Leader of the Opposition V.D. Satheesan said the State's flip flop had pushed 47 lakh beneficiaries into limbo. They include senior citizens, persons whose annual family income is less than ₹1 lakh and the needy.
The move was indicative of the State's grim financial situation. The administration was scrambling to pay the salaries of State employees. The government had washed its hands of the beneficiaries by withdrawing budgetary support for the KSSPL. It would no more underwrite the debt incurred by the company.
