With Rs 200-bn floods loss, Kerala to ask Centre to raise borrowing limit

Kerala to approach Centre for a special package of Rs 26 bn

The Government of Kerala will ask the Centre to raise the state's borrowing limit from three per cent of the Gross State Domestic Product (GSDP) to 4.5 per cent, along with a special package of Rs 26 billion. 

A special session of the Legislative Assembly will be called on August 30 to discuss the relief, rehabilitation and reconstruction work to be taken up.  

"Today, the Cabinet has met and decided to submit a comprehensive plan to the central government for rehabilitation of the affected people and the rebuilding of the state. Our plan is not to restore the state