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100 _aGeorge, Justine and Sasidharan, Nandu
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245 _aFiscal stress in Kerala? Beyond off-budget and contingent liabilities
260 _aEconomic & Political Weekly
300 _a60(18), May 3, 2025: p.68-75
520 _aFiscal federalism has been evolving and has created uneven challenges across the states. Kerala has been facing the dual challenge of inadequate resource mobilisation through its own sources of revenue coupled with changes in the share of central taxes. The emergence of off-budget borrowings and contingent liabilities is the state’s response to this fiscal situation. These liabilities have, however, been on the rise since 2018, raising concerns. – Reproduced https://www.epw.in/journal/2025/18/sixteenth-finance-commission/fiscal-stress-kerala.html
773 _aEconomic & Political Weekly
942 _cAR