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FRBM: the fiscal rulebook

The Fiscal Responsibility and Budget Management framework sets legal ceilings on

GSDP: the size of the economy

Gross State Domestic Product is the total value of everything Kerala produces in

The Lottery Mirror

Kerala's state lottery looks like a big revenue engine: ticket sales are roughly

The Pravasi view: remittances and the tax base

Remittances from Keralites abroad are huge — on the order of 23% of the state's

Where each ₹100 of revenue goes

Of every ₹100 the state earns in revenue, about ₹31.90 goes to salaries, ₹22.30

Three debt numbers, all true

You will see Kerala's debt quoted as 35.5%, 33.22%, and 38.8% of GSDP — and all

Vintage: BE, RE, AC

The same year's number changes as it firms up. A Budget Estimate (BE) is a

What a 'WMA day' actually means

Ways and Means Advances (WMA) and Overdraft (OD) are short-term loans the RBI