White Paper puts Kerala’s liabilities at ₹5.07-lakh crore, CM says fiscal structure under ‘serious’ strain

Kerala's liabilities are estimated at ₹5.07-lakh crore, with salaries, pensions, and interest payments accounting for 77.6% of revenue receipts in 2025-26. The state faces urgent calls for reforms in KIIFB, KSEB, KSRTC, and KWA, alongside its capital expenditure at 1.3% of GSDP, one of the lowest in India.