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Kerala Lost Rs 13,104 Crore Through Flagship Funding Model: Report

Kerala lost Rs 13,104 crore through its flagship funding model, per report.

Context
What happened: A report says Kerala lost Rs 13,104 crore through a flagship funding model, with KIIFB repayment commitments running until 2041-42. Key numbers: Rs 13,104 crore loss; repayments until 2041-42; future obligations could exceed Rs 70,000 crore. Why it matters: The report states that including unfinished projects, the state's future obligations could exceed Rs 70,000 crore, pointing to long-term repayment pressure.
What changed
A report says Kerala lost Rs 13,104 crore through a flagship funding model, with KIIFB repayment commitments running until 2041-42.
Why it matters
The report states that including unfinished projects, the state's future obligations could exceed Rs 70,000 crore, pointing to long-term repayment pressure.
Sources
ndtv
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