Kerala's borrowing limit increased by Rs 6,000 crore
Kerala Governor Rajendra Arlekar has helped increase the state's borrowing limit by Rs 6,000 crore. This change follows his dinner with Kerala MPs and a breakfast meeting with Union Finance Minister Nirmala Sitharaman. The Kerala government, led by the CPM, has had a strained relationship with the central government over funding. The increased borrowing limit comes as Kerala faces financial challenges and needed to borrow to meet its requirements. The governor's involvement in these meetings marks a new approach to cooperation between the state and central governments. However, challenges remain, as Kerala still requires additional funds for infrastructure projects.