THIRUVANANTHAPURAM: The Legislative Assembly will adjourn to discuss the financial crisis in the state. The discussion on the urgent motion notice given by the opposition will be held at 1 pm. Two hours are allotted for discussion.
The opposition blamed the state government's extravagance and mismanagement as the cause of the economic crisis. Finance Minister K N Balagopal responded by saying that this has been discussed many times and everyone is well aware of the situation. The Centre's approach towards Kerala on this issue was also discussed. However, the finance minister expressed that such a notice can be discussed in more detail.
The state government also held the central government responsible for the previous discussions on the issue. The loan limit has been drastically reduced. Despite repeated pleas to reconsider this, the central government did not respond. It has been decided to hold a comprehensive discussion at this stage.