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Kerala Assembly passes vote on account by voice vote Updated: Updated: Finance Minister says public debt not worrying Share Article Finance Minister says public debt not worrying The Assembly late on Thursday passed the vote on account for the 2020-21 financial year by voice vote. The provision allowed the current government to withdraw money for spending for the next few months until the next administration unveiled a Budget for the entire fiscal. Rounding up the discussions, Finance Minister T.M. Thomas Isaac said borrowing for infrastructure development would not imperil the State’s finances. The Congress-led United Democratic Front (UDF) had resorted to scaremongering tactics to frighten voters that the State’s outstanding debt had increased. It had drawn an erroneous analogy between private borrowing and public borrowing. The Left Democratic Front (LDF) government had put in place firm guard rails to reduce fiscal risks even as it raised money from the open fina

Tm thomas isaacKerala transport development finance corporationKerala infrastructure investment fund boardCongress led united democratic frontLeft democratic frontம் தாமஸ் ஐஸ்யாக்கேரள போக்குவரத்து வளர்ச்சி நிதி நிறுவனம்கேரள உள்கட்டமைப்பு முதலீடு நிதி பலகைகாங்கிரஸ் வழிநடத்தியது ஒன்றுபட்டது ஜனநாயக முன்இடது ஜனநாயக முன்