Kerala's celebrated development model has deteriorated into a debt crisis, according to Shashi Tharoor's scathing critique of the state government.

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Kerala's celebrated development model has deteriorated into a debt crisis, according to Shashi Tharoor's scathing critique of the state government. The MP accused the Pinarayi Vijayan-led administration of severe mismanagement, claiming Kerala has become one of India's most indebted states through excessive borrowing that reflects economic failure. Tharoor warned that mounting debt will burden future generations while highlighting youth migration due to joblessness and eroded investor confidence. He emphasized that economic revival requires governmental change and proposed an Investor Protection Act to restore business sentiment. The opposition leader's campaign underscores growing concerns about fiscal sustainability and governance in Kerala's economy.

Kerala model turned ‘debt model’, says Shashi Tharoor accusing LDF

Sunday, March 29, 2026 at 8:40 AM

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