.jpg?$p=f86fb38&f=16x10&w=852&q=0.8)
Photo-Reuters
Thiruvananthapuram: The state government has decided to borrow Rs 2000 crores more from the Reserve Bank of India (RBI). The RBI loan auction is scheduled to take place on June 6. If the loan gets sanctioned, the borrowings for the current financial year is expected to cross Rs 15,390 crores.
Earlier, Kerala had sent an official letter to the centre seeking clarity on the borrowing capacity for the current fiscal year. Distribution of welfare pensions in the state for the last three months is still pending. Around Rs 2,400 crores will be required in this regard. Meanwhile, the pending welfare pensions for at least 2 months are expected to be released soon.
RELATED STORIES
.jpg?$p=8579e5c&f=1x1&w=100&q=0.8)
.jpg?$p=36dd08d&f=1x1&w=100&q=0.8)
Disclaimer: Kindly avoid objectionable, derogatory, unlawful and lewd comments, while responding to reports. Such comments are punishable under cyber laws. Please keep away from personal attacks. The opinions expressed here are the personal opinions of readers and not that of Mathrubhumi.
IN CASE YOU MISSED IT
.jpg?$p=bf64b86&f=1x1&w=100&q=0.8)
