State faces financial constraints: Mani

THIRUVANANTHAPURAM: State Finance Minister K M Mani said in the Assembly on Wednesday that there are financial constraints in the State as collection of taxes are not in the expected lines.   

“We can’t call the present situation financial crisis though the debt obligation is a challenge. However, we have not reached a situation to issue a white paper on the situation. We may have to levy new taxes and find means to increase the State income through other non-tax channels,” said Mani   

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