Thiruvananthapuram: Kerala Finance Minister KN Balagopal said that there is no financial crisis in the state at present, although there is a little more cost for Onam celebrations. There is no risk to the treasury. The finance minister said that he will not go into overdraft. The center does not pay the state share. The central government is suffocating all the states. Allocation is being cut.
The Finance Minister said that foreign travel is necessary to learn about world models. Foreign travel and studies are required by the state. We must go to see things in the world. Finance Minister KN Balagopal said that it needs to be studied. The Chief Minister’s travel will not affect the total expenditure. Kerala is not a poor state. Finance Minister KN Balagopal said that these issues should not be discussed, but the tax allocation to be received from the Centre.
Finance Minister KN Balagopal said that Kerala has bought more Benz cars than Oman. It is better to have a planning board. KN Balagopal said that the Center is doing away with planning systems.
