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Published 13 days ago

Kerala govt borrows Rs 4,800 crore for Onam, experts fear economic fallout

Summary by OnManorama
The government is borrowing Rs 1,000 crore at an interest rate of 9% from a consortium of cooperative banks to pay two months' worth of welfare.Onam bonus. welfare pension. kerala borrowing. Financial crisis. Kerala News

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Kerala govt borrows Rs 4,800 crore for Onam, experts fear economic fallout

The government is borrowing Rs 1,000 crore at an interest rate of 9% from a consortium of cooperative banks to pay two months' worth of welfare.Onam bonus. welfare pension. kerala borrowing. Financial crisis. Kerala News

13 days ago
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