Kerala Finance Minister KN Balagopal criticised the Centre after the Modi govenment sanctioned a ‘conditional’ loan of around Rs 529.50 crore for Wayanad rehabilitation on Friday. The minister termed the stipulation as a “huge practical problem.” The Centre sanctioned the loan under its capital investment scheme for the rehabilitation of landslides hit areas of Wayanad with a condition that Kerala has to utilise the amount by March 31.Centre sanctions Rs 529.50 crore for Wayanad rehabilitation, Kerala minister questions ‘these loan conditions’
Kerala Finance Minister KN Balagopal criticised the Centre after the Modi govenment sanctioned a ‘conditional’ loan of around Rs 529.50 crore for Wayanad rehabilitation on Friday. The minister termed the stipulation as a “huge practical problem.” The Centre sanctioned the loan under its capital investment scheme for the rehabilitation of landslides hit areas of Wayanad with a condition that Kerala has to utilise the amount by March 31.
