‘Centre’s financial restrictions threaten cooperative federalism’

His statement came in the context of a case filed in the SC seeking directions to the Centre for releasing its share of tax revenue.

BySouth First Desk

Published Mar 06, 2024 | 7:00 AMUpdatedMar 06, 2024 | 10:30 AM

KN Balagopal Kerala financial crisis

Kerala Finance Minister KN Balagopal said that the financial disparities imposed by the Union government on Kerala go beyond politics, posing a significant challenge to cooperative federalism. He called on the Centre to ensure fair treatment for all states. Balagopal said the issue has now been raised by other non-BJP-ruled states, including Karnataka, as the states are feeling strangled by the Centre.

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