Thiruvananthapuram: The Comptroller and Auditor General (CAG) report has stated that the state is going through a severe financial crisis. The public debt has increased by 1.02 percent in comparison to previous year. Currently, the state is compelled to spend about 21 percent of the revenue income for repaying the debts and there is no improvement in the tax revenue, the report pointed out.
In addition to this, the CAG has filed a report pointing out the lapses on the part of the state in the flood havoc that occurred in 2018. The report stated that the government failed to take precautions ahead of the flood and renew water policy in accordance with the national water policy, it is stated in the report.
Large scale flood hazard map is not available in the state. The flood map currently used was not prepared according to the criteria of the Central Water Commission. Also the state failed to provide trustworthy data even after five years on rain and river flow, criticised the CAG report.
Besides, there was no rule curve for Idamalayar dam during the 2018 flood season. The rule curve of Idukki dam was not revised until the flood havoc. The capacity of the dams owned by KSEB was not surveyed between 2011 and 2019, the report noted.