Kerala: Why the ADB loan for urban development?

Economic and Political Weekly

Volumn 42, Issue 9, 2007, Pages 734-737

  Oommen, M A ^a  

^a NONE

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EID: 84860618576     PISSN: 00129976     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Review

References (5)

1. The share of interest and debt repayment (based on the accounts of 2000-01 to 2003-04) to total revenue of the Thiruvananthapuram corporation is less than 0.5 per cent.
2. No one seems to be worried about it, not even the government. The commitment charge to begin with will be only for $ 33.18 million, and not for the entire amount.
3. See the relevant tables in Agenda and Background Notes for State Levels Bankers Committee, Kerala, Canara Bank, Trivandrum.
4. Any day a financial plan is better than the practice of public sector banks in Kerala, which entice customers to take loans but employ "goondas" for prompt recovery.
5. Incidentally the NRW is an expression that suits a bank, but not a democratic government.