THIRUVANANTHAPURAM: Kerala BJP president K Surendran on Saturday attacked the Kerala government for alleging that the Centre had allocated inadequate funds to the state.

Kerala finance minister K N Balagopal had claimed last month that the state faced a financial crunch due to inadequate allocation of funds by the Centre.

K Surendran has said that the BJP government has allocated more funds to the Kerala government than the UPA government did during their two terms.

He also said that whatever the Kerala government was able to provide to the people during the times of Covid was because of the funds allocated by the central government only.

Surendran blamed the Kerala government for taking more loans to meet their expenses.

Other than this, the Kerala BJP President also alleged that irregularities worth thousands of crores have taken place in cooperative banks of Kerala. Surendran was speaking at a protest against the Kerala government demanding to protect Kerala cooperative bank sector.

This comes after last month, Kerala finance minister K N Balagopal had written to Union Finance Minister Nirmala Sitharaman about Kerala undergoing a financial crisis. He claimed that this was happening because Kerala has not received its due GST compensation of Rs 12,000 crore.