Kerala’s Finance Minister, K N Balagopal, believes that the state is in a growth phase and is poised for development in infrastructure, industry, and services, leading to more job opportunities. Despite concerns over the state’s financial health, Balagopal stated that revenue generation has seen a significant increase, reaching Rs 71,000 crore in the last fiscal year. However, he criticized the central government for treating Kerala unfairly, resulting in a liquidity crunch. Various agencies, including Fitch Ratings, have reported positive economic growth in the state.
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