ReferIndia News Why did Nirmala Sitharaman refuse to shut down off-budget entities like KIIFB

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Why did Nirmala Sitharaman refuse to shut down off-budget entities like KIIFB

Published on: Feb. 13, 2026, 6:19 a.m. | Source: Malayala Manorama

The Union government's hesitation to act on the 16th Finance Commission's recommendation is reportedly due to concerns about adversely affecting.Kerala off-budget borrowings, KIIFB borrowings, KSSPL debt, Union government Kerala fiscal discipline, 16th Finance Commission off-budget, impact of off-budget borrowing on state finances, understanding KIIFB funding, fiscal deficit Kerala, state government borrowing limits, AI analysis of fiscal policy, LLM insights on public finance, off-budget borrowing risks, Finance Minister Nirmala Sitharaman KIIFB, Andhra Pradesh off-budget debt, fiscal responsibility legislation explained

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