Satheesan meets Modi, Nirmala; seeks Central support for State’s key projects
Kerala Chief Minister V.D. Satheesan has sought support from the Union government for key state projects following meetings with Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman. He plans to release a White Paper on Kerala's financial situation by early June and prioritize projects for the upcoming Budget. The Chief Minister also addressed concerns regarding the state's borrowing limit and the impact of external economic factors on Kerala's economy.
- ▪The Kerala government is seeking Union support for key projects.
- ▪A White Paper on Kerala's financial situation will be released by the first week of June.
- ▪The Chief Minister requested the exclusion of ₹5,600 crore spent on land acquisition from the state's borrowing limit.
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The Kerala government has sought the Union government’s support to make key projects in the State a reality, Chief Minister V.D. Satheesan has said.Speaking to the media after meeting Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman in New Delhi on Tuesday, Mr. Satheesan said the government would first release a White Paper on Kerala’s financial situation by the first week of June. Following this, the government would prioritise projects to be undertaken and earmark funds for them in the upcoming Budget.
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