Tuesday, July 19, 2011: Responding to the white paper presented by Congress led UDF government in Kerala on Tuesday, Former finance minister and CPM legislator Thomas Isaac claimed that the state was not in a debt trap.
Speaking to the reporters at a press meet held here, Issac added that the financial situation of Kerala was better during the previous LDF government’s rule and the white paper clearly points out this.
Meanwhile the revenue deficit has increased during the UDF rule, he added. Issac opined that he would be present an alternative white paper before the assembly on Wednesday.
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